Business
One Media in USD$2.0m deal with its distributor
One Media in USD$2.0m deal with its distributor.
About this update from One Media Ip Group Plc
[{"type":"text","content":"\n \n10th June 2014\n\n One Media IP Group Plc \n\n (\"One Media\" or the \"Group\") \n\n One Media in USD$2.0m deal with its distributor \n\nOne Media, the profitable Netlabel, consolidator and acquirer of music and\nvideo rights, is pleased to announce that it has signed a new deal with its\nworldwide distributor.\n\nOne Media will receive a further advance against future earnings in the amount\nof US$2,000,000 payable on or before the 30th June 2014.\n\nMichael Infante, CEO and Chairman of One Media said: \"We are in a committed\nrelationship with our distribution partner - the Orchard and continue to have a\nharmonious working rapport with their various distribution teams worldwide\".\n\nThe Company further announces that it intends to release its half-year results\non the 17 June 2014.\n\nFor further information, please contact:\n\nOne Media Publishing Group Plc Chairman and Chief Executive \nMichael Infante Tel: +44 (0)175 378 5500 \n \nCairn Financial Advisers LLP Nominated Adviser \nLiam Murray / Jo Turner Tel: +44 (0)20 7148 7900 \n \nCharles Stanley Securities Limited Brokers \nMark Taylor Tel: +44 (0)20 7149 6000 \n \nYellow Jersey PR Limited \nKelsey Traynor/Dominic Barretto/Philip Tel: +44(0)7799 003 220 \nRanger \n\nNotes to Editors:\n\nThe Group is a B2B and B2C digital content provider, exploiting intellectual\nproperty rights around music and video. The Group specialises in acquiring and\nrepackaging nostalgic music and Film and TV programmes from recordings made\nover the last 90 years. The Group operates from its offices at Pinewood Studios\nand delivers its digital music and video content via aggregators to over 600\nonline digital stores such as iTunes, Spotify, Amazon, Deezer and YouTube.\nConsumers download or stream the content via PCs, smart phones, internet\nenabled music players and Smart TVs. In 2012 the Group acquired the entire\nlibrary of rights to the Men & Motors channel from Granada/ITV. Additionally,\nOne Media makes its library of content available for synchronisation purposes\nfor TV shows, movies, adverts, games and websites. One Media focuses on music\nperformed by well-known artists or songs from every genre, including; pop,\nrock, reggae, R&B, children's music, karaoke, jazz, soul, blues, rap, hip-hop,\ngospel, world-music, plus stand-up comedy, spoken-word and over 1,000 hours of...