Further re: Copyright Infringement Claim

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

One Media iP Group Plc

Update on One Media’s monetary award of $781,846.32 USD and continuing recovery in the USA of its worldwide copyright infringement claim.   

Further to the various announcements by the Group regarding its copyright infringement case against Henry Hadaway, HHO Licensing Ltd and Henry Hadaway Organisation Ltd (“Hadaway”) in Nashville Tennessee USA and the Group’s  successful judgement in its favour on 17 September 2015 in the sum of $781,846.32 USD against Hadaway (which includes costs of $9,928.82 USD) for the willful infringement of 1,466 recordings from the Point Classics catalogue owned exclusively by One Media, we can now update the market on the progress of the claim.

One Media was informed by the Criminal Investigator’s office of the United States Marshal of the Southern District of New York that it has successfully intercepted $44,585.94 of income due to Hadaway by its New York-based distributor from its on-going digital music exploitation within the United States.

The Company is aware that Hadaway is now attempting to re-litigate the aforementioned judgment in Nashville Tennessee.

Michael Infante Chairman & CEO commented, “The Hadaway defendants have had ample time to defend this matter. They were served in accordance with the Hague Convention and a judgment against them was obtained in the State of Tennessee in accordance with US Law. They have had over two years in which to make legal representations in this case. They chose not to engage in the proceedings. Eight months have now passed since the ruling and the Group has been successful in its first collection of monies. One Media will robustly defend this attempt to undermine the judgment. In the meantime the United States Marshals Service will continue to enforce further collections of monies to satisfy this judgment.”

For further information, please contact:    

One Media iP Group Plc

Chairman and Chief Executive
Michael Infante                                             Tel: +44 (0)175 378 5500

One Media iP Group Plc
Corporate Communications
Alice Dyson-Jones                                        Tel +44 (0)175 378 5501

Cairn Financial Advisers LLP
Nominated Adviser
Liam Murray / Jo Turner                                Tel: +44 (0)20 7148 7900

Panmure Gordon (UK) Limited                       Tel: +44 (0)20 7886 2500
Broker
Fred Walsh



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 such as iTunes, Spotify, Amazon and You Tube 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.  From its 23 YouTube channels, viewing figures have exceeded 1.3bn views to date. The Group acquired the Men & Motors assets, brand and film archive from Granada/ITV in 2012 and has subsequently launched its dedicated You Tube digital channel, which now have over 55,000 subscribers, and receives over 450,000 views per week. One Media makes its library of audio content available for TV shows, movies, adverts and websites and live events requiring background or synchronisation rights. 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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