One Media iP Group
Plc
("One Media", the "Group" or the
"Company")
One Media acquires
the Owl Records International Ltd catalogue of recordings
One Media iP
Group Plc (AIM: OMIP), a digital media content provider, which
consolidates, exploits and monetises intellectual property rights
around music and video, is pleased to announce that it has acquired
the exclusive rights and ownership to the to the Owl Music
Catalogue on a complete buy-out basis for €21,000 (twenty one thousand Euros). The Owl catalogue
comprises of over 1100 Irish folk and Celtic music original
recordings. The tracks have been marketed by One Media over the
last eight years on royalty sharing basis.
Owl Records,
was established in 1997. It developed a diverse catalogue of over
90 albums, mainly in the Celtic folk, traditional and new age
genres. Original percussive arrangements of best loved classical
compositions are also included in the catalogue. There is
additionally a varied range of Christmas albums. Unique to the
catalogue is the 'Counties of Ireland' series, a 350 strong collection of
songs drawn from the 32 counties of Ireland. Dagda’s four Celtic new age albums
spent over 100 weeks in the American New Age radio charts and
provided the trailer sound track for an Oscar winning film. Their
only dance album is ‘Raverdance Celtic Clubland’. Rob Strong, father of Commitments star
Andrew Strong has two albums in the
catalogue which also includes some childrens’ story collections.
Each of Owl’s six Mystical Ireland albums reached gold or platinum
status in Ireland. Artists include
Owl's founder and director Reg Keating, who is also the man
behind Dagda's soul singer Rob
Strong, popular Irish crooner Sonny
Knowles, New Ireland Orchestra and balladeer/troubadour
Tom Donovan. All Owl recordings were
produced in its own studio in Ireland.
Commenting on
the deal, Michael Infante Chairman
and CEO said "I have known Reg for over 10 years as a licensor to
the group and the catalogue has always been our 'corner
stone' of Irish music. As Reg now retires and One Media takes
full control of the catalogue, we look forward to continuing the
exploitation and further developing the marketing of his
music. Its a great collection beautifully recorded of
internationally known Irish tracks and I am pleased to welcome it
into our collection. We will have a good reason to raise a
'jar' on the 17th March next year"
One Media iP Group
Plc |
|
Chairman and Chief
Executive |
|
Michael Infante |
Tel: +44 (0)175 378
5500 |
|
|
One Media iP Group
Plc |
|
Corporate
Communications |
|
Alice Dyson-Jones |
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 |
|
Fred Walsh |
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 synchronised 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. The
Group owns all the rights to the Men & Motors (originally
Granada/ITV) TV shows originally aired on British TV between 1996
and 2010. Comprising of over 3500 shows is available for viewing on
the Groups YouTube Channel. Recently the Group has developed a
content discovery and policing software service 'Technical
Copyright Analysis Tool' (TCAT) as a new service to record
companies, publishers and law firms searching information of artist
and tracks on legitimate digital stores. 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.