One Media iP Group
Plc
("One Media", the "Group" or the
"Company")
One Media moves it
banking to Coutts & Co
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 signed a
new deal for its banking services with Coutts & Co (“Coutts”)
of 440 Strand, London. The Group
will commence with the orderly handover from Barclays to Coutts
during February 2017. The Group has
no debt and is cash resourced.
Commenting on
the deal, Michael Infante Chairman
and CEO said, "Coutts experience within media and content with many
focussed services and seminars should prove invaluable to One Media
with our expansion programme into varying media and technology
activities that we have planned for the future. I would like to
thank Barclays for their services to date.”.
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.