Acquisition and Notice of Preliminary Results

29 January 2014

                            One Media IP Group Plc                             

                         ("One Media" or the "Group")                          

        Acquisition of Lumi Entertainment Ltd's Digital Revenue Stream         

                         Notice of Preliminary Results                         

 

One Media iP Group Plc (AIM: OMIP) the 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 revenues and profits
generated by the Lumi Entertainment Ltd ("Lumi") catalogue of rights ("The
Catalogue") for a consideration of USD$75,000 (seventy five thousand US
dollars).

 

The Catalogue contains thousands of recordings performed by various artists and
a variety of instrumental light music and classical content from over the last
50 years. The Catalogue is currently generating a modest level of income via
its distributor, which the Group will further recompile with its own catalogue
of 170,000 music tracks to gain further traction within the digital audio
market.

 

The Group would also like to take this opportunity to announce that it will be
releasing its preliminary results for the year ended 31st October 2013 on the
19th February 2014.

 

Michael Infante, Chief Executive Officer and Chairman of One Media, commented:

 

"As part of our policy of consolidation within our market, this acquisition of
Lumi's revenue stream is a perfect fit. The Catalogue is well known to us and
has been exploited digitally since 2011 by Lumi. It has already achieved
digital income revenues over the last few years, which allowed us better to
assess its potential within the One Media model. We are constantly looking for
income yielding content within our digital arena to enhance our own catalogue
of rights income and increase shareholder value."  

 

For further information, please contact:

 

One Media Publishing Group Plc         Chairman and Chief Executive          
Michael Infante                        Tel: [phone]              
                                                                             
Cairn Financial Advisers LLP           Nominated Adviser                     
Liam Murray / Jo Turner                Tel: [phone]              
                                                                             
Charles Stanley Securities Limited     Brokers                                                                      
Mark Taylor                            Tel: [phone]              
                                                                             
Yellow Jersey PR Limited                                                     
Kelsey Traynor/Dominic Barretto/       Tel: [phone] 
Philip Ranger               
                                                                       


Notes to Editors:- 

The Group is a B2B and B2C digital content provider, exploiting intellectual
property rights around music and video. The Group specialises in acquiring and
repackaging nostalgic music and Film and TV programmes from recordings made
over the last 90 years. The Group operates from its offices at Pinewood Studios
and delivers its digital music and video content via aggregators to over 600
online digital stores such as iTunes, Spotify, Amazon, Deezer and YouTube.
Consumers download or stream the content via PCs, smart phones, internet
enabled music players and Smart TVs.  Additionally, One Media makes its library
of content available for synchronisation purposes for TV shows, movies,
adverts, games and websites. One Media focuses on music performed by well-known
artists or songs 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 and over 1,000 hours of
classical music. The Groups visual content includes the 3000 Men & Motors
programs, Skippy the Bush Kangaroo, the early Sooty Shows and over 3000
nostalgic pop music videos, all exploited via YouTube.

 

The Group does not invest in new bands or untested music.  One Media is
eligible for Enterprise Investment Schemes ("EIS") and Venture Capital Trusts
("VCT"). The Group is profitable and has being paying a dividend since July
2011.