One Media iP Group Plc
("One Media", the "Group" or the "Company")
ONE MEDIA ACQUIRES THE HIBROW PRESTIGIOUS DIGITAL LIBRARY OF ART PROGRAMMING
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 entered into an exclusive long term digital exploitation license agreement with HiBrow Production's TV & music catalogue for an Advance of £21,000 ($26,000 USD) recoupable against future royalties.
The film director Don Boyd founded Hibrow Productions in 2008. It gathered a wide eclectic range of prestigious professionals from within the international arts industries (the Hibrow’s ‘Curators’) in order to create high quality arts content. The company’s experienced film-making teams have produced over 200 hours of original ‘high-definition’ broadcast quality digital videos featuring numerous internationally acclaimed artists, authors, Hollywood actors, dancers, choreographers, conductors, musicians, directors and designers. It has enjoyed successful associations and partnerships with broadcasters including the BBC and Sky Arts where its content was regularly broadcast.
One Media will further exploit the Hibrow content primarily via its digital audio and video routes to market such as YouTube, Amazon and its 600 digital stores such as iTunes, Spotify, Deezer and Google Play.
Michael Infante commenting on the deal said, "The HiBrow catalogue is a varied collection of content ranging from the Edinburgh Festival, the Quadrophenia Reunion to large orchestral works both classical and light. It features ‘close up’ interviews with the great and the good of the Art World to leading composers in music and authors of great literary works. It gets behind the scenes of fashion and broadcast, making this collection the most amazing insight to the ‘Arts’ available today. The films archive many controversial views from those involved. Contemporary in his approach, Don Boyd has been the architect to an amazing evolving catalogue of film that drills down deeply under the surface of the Arts. Establishing a market for these masterpieces is both a privilege and an honour".
Don Boyd, Hibrow’s Artistic Director, commented: “One Media's experience and talented team are proving that intelligent exploitation and marketing of digital content via the internet can broaden audiences and provide revenues in a very competitive arena dominated by vast conglomerates with massive resources. I am delighted to be working with kindred spirits who share my passionate belief that there are significant audiences for arts programming globally. I am confident that One Media will help Hibrow to grow and move towards a fresh profitable era in its quest to serve a public hungry for previously inaccessible high quality cultural experiences".
For further information, please contact:
One Media iP Group Plc Chairman and Chief Executive
Michael Infante Tel: +44 (0)175 378 5500
One Media iP Group Plc Financial Controller / Company Secretary
Nigel Smethers Tel +44 (0)175 378 5501
One Media iP Group Plc Communications Manager
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.
