TIDMOMPP
28th June 2012
One Media Publishing Group Plc
("One Media" or the "Company")
Rights Extension Deal
One Media, the PLUS quoted consolidators and acquirers of music and visual
rights, is pleased to announce that it has extended its deal with Miki Dallon
Productions, who was originally contracted in 2007. One Media has been
exploiting the rights successfully for the past 5 years.
Miki Dallon is an English musician, songwriter and producer of music from the
1960s and 70s. Miki's first published work was a Mickie Most track called
"That's Alright" on which Dallon also played piano. Dallon also produced the
Elias Hulk album `Unchained', the Bearded Lady single `Rockstar', `Country
Lady' and `Apollo 100' for Youngblood Records. The catalogue of 900 songs
includes tracks also performed by JJ Jackson, ABC, Billy Ocean, Johnny kid &
The Pirates and Greyhound to name just a few of the other artists featured.
Michael Infante, Chairman and CEO said, "Miki Dallon has become a valued
content provider to One Media and we are delighted to extend our working
relationship with his catalogue. In addition, it demonstrates our ability to
monitise music within the terms of various agreements and to the requirements
of labels, producers and artists".
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
email: claire.noyce@hybridan.com / Deepak.reddy@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 compiled
digital-only albums are then distributed across over 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. It's 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 explore 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, from
artists spanning 7 decades from the `forties' to the `noughties'. One Media
focuses on `middle of the road', nostalgic music by well known artists from
every genre, including; Pop, Rock, Reggae, R&B, Children's music, Karaoke,
Easy-Listening, Jazz, Soul, Blues, Rap, Hip-Hop, Gospel, World-Music, plus
Stand-Up 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)
Total dividend of GBP70,000 paid in the first half year
END
(END) Dow Jones Newswires
June 28, 2012 02:00 ET (06:00 GMT)