DJ One Media Publishing Group PLC USD$400,000 Acquisition of income yielding catalogue

 
TIDMOMPP 
 
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; michael@ompplc.com 
www.ompplc.com 
 
Hybridan LLP, Corporate Adviser Tel: +44 (0)20 7947 4350 
Claire Noyce / Deepak Reddy 
claire.noyce@hybridan.com 
 
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 GBP1,002,302 (2011: GBP774,933) 
 
  * Pre-tax profits increased by 35.4% to GBP204,667 (2011: GBP151,123) 
 
  * Cash balances of GBP792,938 at 30 April 2012 
 
  * A dividend of GBP15,051 (November 2011) was paid in the period with a further 
    GBP50,000 due to be paid in July 2012. 
 
  * Acquired eight new music catalogues 
 
 
 
END 
 

(END) Dow Jones Newswires

June 18, 2012 08:36 ET (12:36 GMT)