ONE MEDIA IP GROUP PLC: One Media in USD$2.0m deal with its distributor
10th June 2014
One Media IP Group Plc
("One Media" or the "Group")
One Media in USD$2.0m deal with its distributor
One Media, the profitable Netlabel, consolidator and acquirer of music and
video rights, is pleased to announce that it has signed a new deal with its
One Media will receive a further advance against future earnings in the amount
of US$2,000,000 payable on or before the 30th June 2014.
Michael Infante, CEO and Chairman of One Media said: "We are in a committed
relationship with our distribution partner - the Orchard and continue to have a
harmonious working rapport with their various distribution teams worldwide".
The Company further announces that it intends to release its half-year results
on the 17 June 2014.
For further information, please contact:
One Media Publishing Group Plc Chairman and Chief Executive
Michael Infante Tel: +44 (0)175 378 5500
Cairn Financial Advisers LLP Nominated Adviser
Liam Murray / Jo Turner Tel: +44 (0)20 7148 7900
Charles Stanley Securities Limited Brokers
Mark Taylor Tel: +44 (0)20 7149 6000
Yellow Jersey PR Limited
Kelsey Traynor/Dominic Barretto/Philip Tel: +44(0)7799 003 220
Notes to Editors:
The Group is a B2B and B2C digital content provider, exploiting intellectual
property rights around music and video. The Group specialises in acquiring and
repackaging nostalgic music and Film and TV programmes from recordings made
over the last 90 years. The Group operates from its offices at Pinewood Studios
and delivers its digital music and video content via aggregators to over 600
online digital stores such as iTunes, Spotify, Amazon, Deezer and YouTube.
Consumers download or stream the content via PCs, smart phones, internet
enabled music players and Smart TVs. In 2012 the Group acquired the entire
library of rights to the Men & Motors channel from Granada/ITV. Additionally,
One Media makes its library of content available for synchronisation purposes
for TV shows, movies, adverts, games and websites. One Media focuses on music
performed by well-known artists or songs from every genre, including; pop,
rock, reggae, R&B, children's music, karaoke, jazz, soul, blues, rap, hip-hop,
gospel, world-music, plus stand-up comedy, spoken-word and over 1,000 hours of
classical music. The Groups visual content includes the 3000 Men & Motors
programs, Skippy the Bush Kangaroo, the early Sooty Shows and over 3000
nostalgic pop music videos, all exploited via YouTube.
The Group does not invest in new bands or untested music. One Media is
eligible for Enterprise Investment Schemes ("EIS") and Venture Capital Trusts
("VCT"). The Group is profitable and has being paying a dividend since July
-0- Jun/10/2014 06:00 GMT
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