22 October 2015
One Media iP Group Plc
("One Media" or "the Group" or "the Company")
Acquisition of the Alan Peters Music Master Catalogue ("APMMC")
One Media iP Group Plc (AIM: OMIP), the digital media content provider, which consolidates, exploits and monetises intellectual property rights around music and video, is pleased to announce that it has acquired in its entirety, the Alan Peters Music Masters Catalogue together with the modest revenues and licenses controlled by Classic Hits 2000 Ltd and Golden Archive Ltd for a consideration of £35,000 (thirty five thousand pounds).
The acquisition includes hours of popular classical music performed by the Royal Philharmonic Orchestra, traditional Christmas music from St. Paul's Cathedral, military marching music performed by H.M. Coldstream Guards and musical renditions of the Scottish Pipes & Drums.
During his playing career Alan Peters was a violinist who played with many of the leading London Orchestras. He was a member of the London Philharmonic Orchestra, a member of the Philharmonia Orchestra and was leader of the Royal Opera House, (Covent Garden) Ballet Orchestra. As an independent record producer Alan Peters has recorded hundreds of music tracks both classical and easy listening.
Commenting on the acquisition Michael Infante CEO & Chairman of One Media, said:
"We have had the Alan Peters music catalogue under license since 2007. They sit well alongside our recently acquired Point Classics catalogue. One Media's policy of acquiring music from its licensors, thus increasing profitability in onward royalty commitments has proved to be a benefit to the Company. Additionally, exclusive ownership is very important in a changing digital worldâ€.
For further information, please contact:
One Media iP Group Plc | Chairman and Chief Executive |
Michael Infante | Tel: +44 (0)175 378 5500 |
One Media iP Group Plc Alice Dyson-Jones |
Brand & Communications Manager Tel +44 (0)175 378 5501 |
Cairn Financial Advisers LLP | Nominated Adviser |
Liam Murray / Jo Turner | Tel: +44 (0)20 7148 7900 |
Panmure Gordon (UK) Limited | Broker |
Mark Taylor | 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 background 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.
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.