One Media iP Group
Plc
("One Media", the "Group" or the
"Company")
One Media renews
catalogue of recordings with MD Productions
One Media iP Group Plc (AIM: OMIP), a digital media content
provider, which consolidates, exploits and monetises intellectual
property rights around music and video, is pleased to announce that
it has renewed the exclusive rights to the MD Production music
catalogue for recoupable advance of $18,000 (eighteen thousand
US Dollars). The MD catalogue comprises over 1,000 original
recordings from the 1960s to the 1980s. With performances from
artists such as Don Fardon, The
Cockerel Chorus, Dando Shaft, Gill
Scott-Heron, Greyhound, Roy
Harper, Johnny Kidd & the
Pirates, Kenny and Python Lee Jackson to name just a few. The
tracks have been marketed exclusively by One Media since 2007 on a
royalty-sharing basis. MD Productions has been a long-term music
provider and has received three advances and on-going royalties
from One Media throughout the term. One Media is pleased to
report that it has always fully recouped its advances throughout
the relationship.
MD Productions is headed by Miki
Dallon a well-known songwriter and record producer
from the 60s and 70s who also had his own performing
career from the late 50s to the mid 60s. As a songwriter and
producer he scored with The Sorrows ‘Take a Heart’ and Neil Christian ‘That’s Nice’, the songs were
also major hits by a variety of artists in most European
territories. Miki undertook further independent production
work for many Major labels throughout the 70s and 80s, having
previously run the Strike and Young
Blood labels as outlets for his productions through the 60s
and 70s. Back in 1958 Miki began his music career as a
rock'n'roll pianist with Vince
Taylor and Marty Wilde.
He followed up with his own group the Medallions appearing on TV
shows like 6.5 Special, before teaming up with Mickie Most as a group The Minute Men in
1964.
Commenting on the deal, Michael
Infante Chairman and CEO said "We have represented the
exclusive digital rights for over 10 years and we very much look
forward to continuing with this great catalogue of rights.
Miki's insight and passion for business is the same now as it
was 50 years ago, he is a legend."
One Media iP Group Plc |
|
Chairman and Chief Executive |
|
Michael Infante |
Tel: +44 (0)175 378 5500 |
|
|
One Media iP Group Plc |
|
Corporate Communications |
|
Alice Dyson-Jones |
Tel +44 (0)175 378 5501 |
|
|
Cairn Financial Advisers LLP |
|
Nominated Adviser |
|
Liam Murray / Jo Turner |
Tel: +44 (0)20 7213 0880 |
|
|
Panmure Gordon (UK) Limited |
|
Broker |
|
Karri Vuori |
Tel: +44 (0)20 7886 2500 |
Notes to Editors
Based at Pinewood Studios, One Media is an 'intellectual
property' (IP) owner and controller of rights within the digital
arena concerning music, video and digital distribution. The
consumer led but B2B (Business-to-business) operation looks to
exploit its catalogue of over 250,000+ music tracks and over 10,000
hours of video by recompiling the content for sale through over 600
digital music and video stores groups worldwide. The Company
has a team of Creative Technicians, all of whom are YouTube
certified, who digitise the content, create the metadata,
re-compile and prepare the digital music & video releases using
bespoke in-house developed software. Additionally, One Media makes
its library of content available for TV shows, movies, adverts and
websites requiring synchronised music. One Media focuses on music
performed by well-known artists 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. In July 2014 the Group
acquired for a consideration of USD$1.6m the Point Classics classical music
library bringing the number to over 10,000 classical tracks now
available to the Group for exploitation. The Group owns all the
rights to the Men & Motors (originally Granada/ITV) TV shows
originally aired on British TV between 1996 and 2010. Comprising of
over 3500 shows is available for viewing on the Groups YouTube
Channel. Recently the Group has developed a content discovery and
policing software service 'Technical Copyright Analysis Tool'
(TCAT) as a new service to record companies, publishers and law
firms searching information of artist and tracks on legitimate
digital stores. One Media is eligible for Enterprise
Investment Schemes ("EIS") and Venture Capital Trusts ("VCT"). The
company is profitable, cash resourced and has operated an active
dividend policy since 2011.