Acquisition of PPL Income

15 October 2015

One Media iP Group Plc

("One Media" or "the Group" or "the Company")

Acquisition of the Public Performing License (PPL) income to the MotorCity, High Energy & Northern Soul Catalogues

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 in its entirety the Public Performing License (PPL) income associated with the MotorCity & High Energy/Northern Soul Catalogues for a consideration of $30,000 (thirty thousand US Dollars).

Established in 1934, the PPL (ppluk.com) administers the monetisation of performances on behalf of the rights owners and issues licenses on their behalf to radio broadcasters, TV channels, shopping centres, telephone music on hold, nightclubs and any public venue that plays and/or exploits music to enhance their businesses. Such income is commonly referred to as "Neighboring Rights" and is monitored by the PPL and its partners worldwide. The PPL has recently reported continued growth year on year in this sector of music monetisation and collection.

The deal, which allows OMIP to collect the PPL income to over 3,000 music performances held within the catalogue(s) master rights was originally acquired on the 1st January 2010 and expanded on the 25th November 2013 (as per the relevant RNS Announcements) with Tropicana Holdings.  This license further strengthens this catalogue's revenue bearing income stream.

Commenting on the acquisition, Michael Infante CEO & Chairman of One Media, said: "Neighboring Rights income is likened to ground rents. The income stream is usually modest but is collected under statute in most territories worldwide. Every time a track is played anywhere in the world via a broadcast service or used to enhance a service or product, it triggers a payment which is ultimately reported to the label controlling such rights. I am pleased that we have acquired these rights to our most valuable Motor City and Northern Soul, High Energy Catalogues."

For further information, please contact:

One Media iP Group Plc
Michael Infante
Chairman and Chief Executive
Tel: +44 (0)175 378 5500
One Media iP Group Plc
Alice Dyson-Jones
Brand & Communications Manager
Tel +44 (0)175 378 5501
Cairn Financial Advisers LLP
Liam Murray / Jo Turner 
Nominated Adviser
Tel:  +44 (0)20 7148 7900
Panmure Gordon (UK) Limited
Mark Taylor
Broker
Tel:  +44 (0)20 7886 2500

Notes to Editors:

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 background 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. 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

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