17 December 2012
One Media iP Group plc
("One Media" or the "Company")
Move to AIM
One Media, the profitable Netlabel, consolidator and acquirer of music and
video rights, announces that it is liaising with advisors with a view to
appointing them to help the board explore options for the business, one of
which is a potential move to the AIM market in H1 2013.
One Media is a digital music and video rights owner and recently announced the
acquisition of all content from the Men & Motors TV channel which included over
1,600 hours of new programming. The consumer operation looks to exploit its
catalogue of over 170,000 music tracks and over 5,000 hours of video by
repackaging the content for sale through over 200 digital music and video
stores worldwide including iTunes, Amazon, Spotify, Deezer, eMusic and YouTube.
Additionally, One Media licenses its music content for TV shows, movies,
adverts, games and websites. Clients include Disney, Ubisoft and ITV.
One Media is looking at the possibility of moving to the AIM market on the back
of a successful period which has seen the Company establish itself as a leading
digital distributor of nostalgic video and audio content.
The One Media portfolio includes a diverse range of content which spans
Pavarotti and The Sex Pistols to Sooty and Bob Marley. In November 2012 One
Media concluded a $2.5m deal with its worldwide distributor which gives
significant operational visibility.
Michael Infante, CEO and Chairman of One Media said: "It has been a very
successful twelve months for One Media and a move to AIM in 2013 would give the
Company access to the necessary currency for further rights acquisitions in the
fragmented Netlabel sector and deliver shareholder value."
For further information please visit www.onemediaip.com or contact:
One Media iP Group plc Hybridan LLP Tavistock Communications
Michael Infante Claire Noyce/Deepak John West/ Simon Compton
Reddy
Chairman & CEO ISDX Corporate Adviser Financial PR
Tel: +44 (0)17 5378 5500 Tel: +44 (0)20 7947 4350 Tel: + 44 (0)20 7920 3150