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One Media Publishing Group PLC (OMPP)

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Monday 18 June, 2012

One Media Publishing Group PLC

USD$400,000 Acquisition of income yielding cata...


TIDMOMPP

18th June 2012

                 One Media Publishing Group plc ("One Media")                  

          USD$400,000 Acquisition of income yielding music catalogue           

One Media, the PLUS quoted consolidators and acquirers of music and video
rights, is pleased to announce that it has acquired under license for the life
of copyright the income stream of various music rights.

Michael Infante CEO/Chairman said, "This deal is a good investment for One
Media and will deliver greater penetration into the digital market in which we
operate."

For further information please contact:

One Media Publishing Group plc Tel: +44 (0)17 5378 5500
Michael Infante, Chairman and Chief Executive; [email protected]
www.ompplc.com

Hybridan LLP, Corporate Adviser Tel: +44 (0)20 7947 4350
Claire Noyce / Deepak Reddy
[email protected]

Notes to Editors:

One Media operates a model of content acquisition, representation and digital
exploitation, which is successful and profitable. The company's small team of
Creative Technicians ingests, re-compiles and prepares digital music releases
utilising the bespoke `in-house' developed software. The newly complied digital
only albums are then distributed to up to 300 digital retail stores worldwide.
One Media now has thousands of albums listed across all the key digital stores
such as Itunes, Amazon, Spotify, Deezer, Emusic and streaming channels on
YouTube to name but a few. One Media is a B2B, content supplier to all digital
stores and does not operate its own consumer site. Its music catalogue is also
available for synchronisation use in films, advertisements, TV programs and
games. One Media operates an online sync database system that enables music
supervisors to interrogate the vast library and select tracks for music briefs.
With over 65 catalogue acquisitions to date, the catalogue contains circa
140,000 music tracks and over 4000 hours of video content including tracks from
artists spanning 7 decades from the `forties' to the `noughties'. It focuses on
`middle of the road', nostalgic music by well know artists from every genre,
pop, rock, Reggae, R&B, children's music, karaoke, instrumental, soul, blues,
ambient, rap, religious, world music, plus comedy, spoken word and over 1000
hours of classical music. One Media is now an eligible company for the
Enterprise Investment Scheme ("EIS") and the Venture Capital Trust ("VCT").

Highlights

April 2012 Half Year Interim Accounts

  * Turnover increased by 29.3% to £1,002,302 (2011: £774,933)
   
  * Pre-tax profits increased by 35.4% to £204,667 (2011: £151,123)
   
  * Cash balances of £792,938 at 30 April 2012
   
  * A dividend of £15,051 (November 2011) was paid in the period with a further
    £50,000 due to be paid in July 2012.
   
  * Acquired eight new music catalogues

a d v e r t i s e m e n t