Business
Acquisition of music content from Peppermint Mu...
Acquisition of music content from Peppermint Mu....
About this update from One Media Ip Group Plc
[{"type":"text","content":"\n \n22 April 2013\n\n One Media iP Group Plc \n\n (\"One Media\" or \"the Group\" or \"the Company\") \n\n Acquisition of the music content from Peppermint Music Ltd \n\nOne Media iP Group Plc (AIM: OMIP), the digital media content provider which\nexploits intellectual property rights around music and video, is pleased to\nannounce that it has acquired for a consideration of £25,000 plus an on-going\nroyalty, the exclusive digital rights to the Peppermint Music Ltd catalogue of\ncontent (the \"Catalogue\").\n\nThe Catalogue contains over 150 recordings performed by artists such as Connie\nFrancis, singing the hits of Buddy Holly, Billie Jo Spears, performing her\ngreats, including \"Blanket on the Ground\" and \"57Chevrolet\", Kid Creole,\nperforming \"Annie I'm not your Daddy\", Racey, performing \"Some Girls do\", Alvin\nStardust, performing \"My Coo Ca Choo & Red Dress\" and other great performances\nfrom Grace Kennedy, Pete Haycock and Paul Da Vinci (of the Rubettes).\n\nMichael Infante, Chief Executive Officer of One Media, commented:-\n\n\"We are continuing our successful acquisition trail of nostalgic greats and\nwill exploit all of these recordings via our digital distribution services.\nThis is our first acquisition since listing on AIM and is a welcome addition to\nthe library of rights.\"\n\n\nEnquiries:\n\nMichael Infante One Media iP Group PLC +44 (0) 175 378 5500\nChairman and CEO \n \nLiam Murray Cairn Financial Advisers LLP +44 (0) 207 148 7900\nJo Turner Nominated Adviser \n \nClaire Noyce Hybridan LLP +44 (0) 207 947 4004\nDeepak Reddy AIM Broker \n \nJohn West Tavistock Communications +44 (0) 207 920 3150\nSimon Compton Public Relations \nNiall Walsh \n\n\n\nNotes to Editors:\n\nOne Media is a digital music and video rights owner. The consumer led but B2B\n(Business-to-business) operation looks to exploit its catalogue of over 170,000\nmusic tracks and over 5,000 hours of video by recompiling the content for sale\nthrough over 600 digital music and video stores worldwide. The Company has a\nteam of Creative Technicians who digitise the content, create the metadata and\nre-compile and prepare the digital music & video releases using bespoke\nin-house software.\n\nAdditionally, One Media makes its library of content available for TV shows,\nmovies, adverts, games and websites. One Media operates an onl...