Last checked at 22 Apr 2013 07:00
ONE MEDIA IP GROUP PLC - Acquisition of music content from Peppermint Music LtdONE MEDIA IP GROUP PLC - Acquisition of music content from Peppermint Music Ltd
PR Newswire
London, April 19
One Media iP Group Plc (AIM: OMIP), the digital media content provider whichexploits intellectual property rights around music and video, is pleased toannounce that it has acquired for a consideration of £25,000 plus an on-goingroyalty, the exclusive digital rights to the Peppermint Music Ltd catalogue ofcontent (the "Catalogue").
The Catalogue contains over 150 recordings performed by artists such as ConnieFrancis, singing the hits of Buddy Holly, Billie Jo Spears, performing hergreats, including "Blanket on the Ground" and "57Chevrolet", Kid Creole,performing "Annie I'm not your Daddy", Racey, performing "Some Girls do", AlvinStardust, performing "My Coo Ca Choo & Red Dress" and other great performancesfrom Grace Kennedy, Pete Haycock and Paul Da Vinci (of the Rubettes).
Michael Infante, Chief Executive Officer of One Media, commented:-
"We are continuing our successful acquisition trail of nostalgic greats andwill exploit all of these recordings via our digital distribution services.This is our first acquisition since listing on AIM and is a welcome addition tothe library of rights." Enquiries: Michael Infante One Media iP Group PLC +44 (0) 175 378 5500Chairman and CEO Liam Murray Cairn Financial Advisers LLP +44 (0) 207 148 7900Jo Turner Nominated Adviser Claire Noyce Hybridan LLP +44 (0) 207 947 4004Deepak Reddy AIM Broker John West Tavistock Communications +44 (0) 207 920 3150Simon Compton Public RelationsNiall Walsh Notes to Editors:One Media is a digital music and video rights owner. The consumer led but B2B(Business-to-business) operation looks to exploit its catalogue of over 170,000music tracks and over 5,000 hours of video by recompiling the content for salethrough over 600 digital music and video stores worldwide. The Company has ateam of Creative Technicians who digitise the content, create the metadata andre-compile and prepare the digital music & video releases using bespokein-house software.
Additionally, One Media makes its library of content available for TV shows,movies, adverts, games and websites. One Media operates an online sync databasesystem that enables music supervisors to explore the library and select tracksfor music briefs.
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 andover 1,000 hours of classical music.
One Media is eligible for Enterprise Investment Schemes ("EIS") and VentureCapital Trusts ("VCT").