One Media iP Group Plc AGM Statement
22 May 2020 - 4:00PM
UK Regulatory
TIDMOMIP
22 May 2020
One Media iP Group Plc
("One Media", or the "Company")
AGM STATEMENT
Solid pipeline of opportunities ahead
One Media iP Group Plc (AIM: OMIP), the intellectual property rights acquirer,
publisher, distributor in music, video and copyright technology, is holding its
Annual General Meeting ("AGM") today. In compliance with the UK Government's
social distancing guidelines, arrangements have been made for the meeting to be
held on a virtual basis using powers contained in our articles of association.
Shareholders will have received access details with the AGM mailing.
At the AGM, Claire Blunt , Non-Executive Chair of One Media, will provide the
following update:
"I am pleased to report that we have continued the positive momentum outlined
in our 6 May 2020 statement, with trading remaining in line with Board
expectations. I am also delighted that One Media is one of the few businesses
which has been able to declare a dividend in challenging macro-economic times.
"As indicated in the 2019 Final Results statement, One Media has continued to
make advancements in focusing its proprietary Technical Copyright Analysis Tool
("TCAT") that automates the task of monitoring digital music releases and
identifying instances of unauthorised releases on legitimate music stores. We
continue to see increased interest in TCAT's features from some of the major
players in the music industry and we will continue to explore opportunities to
enable further investment in the technology and scale this pioneering platform.
"One Media also remains focused on looking at possibilities to grant music
rights holders' advanced access to the future earnings of their intellectual
property ("IP") by purchasing a portion of their rights upfront. Our Harmony IP
platform will look at offering the industry a form of asset release in music
IP. This would allow the Company to spread its investment across further
catalogues, partnering with artists and composers, while using its expertise
and TCAT to expand earnings for all parties.
"Finally, and as part of a wider PR & IR campaign which will be evident in the
upcoming period, we have re-launched our corporate website at www.omip.co.uk.
Having already made a notable start to 2020, and with the announcement of a
return to our dividend policy, the Group will continue to focus on growth and
will look to maximise its potential given the current global situation
throughout 2020. I therefore look to the future of the industry and your
Company with confidence."
-Ends-
One Media iP Group Plc +44 (0)175 378 5500
Michael Infante - CEO
Claire Blunt - Chairman +44 (0)175 378 5501
Cairn Financial Advisers LLP +44 (0)20 7213 0880
(Nominated Adviser)
Liam Murray
Jo Turner
Ludovico Lazzaretti
Cenkos Securities plc (Broker) +44 (0)20 7397 8900
Max Hartley
Max Gould
Michael Johnson (Sales)
Yellow Jersey PR (PR & IR)
Charles Goodwin +44 (0)20 3004 9512
Annabel Atkins
About One Media iP Group Plc
One Media is a digital music rights acquirer, publisher and distributor. The
Group specialises in purchasing and monetising intellectual property rights
with proven, repeat income streams. One Media adds value to its content by
maximising its availability in over 600 digital stores globally, including
Apple Music, YouTube, Amazon and Spotify.
One Media's music is also widely used for synchronisation in film, TV and
digital gaming whilst its video content is primarily viewed on YouTube where
One Media operates over 20 YouTube channels as a certified partner.
One Media is listed on the London Stock Exchange on the AIM index, under the
symbol 'OMIP'.
For further information: www.omip.co.uk
END
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