One Media in $2.5m deal with its US Distributor

21st November 2012 One Media iP Group plc ("One Media" or the "Company") One Media in $2.5m deal with its US Distributor One Media, the profitable Netlabel, consolidator and acquirer of music and video rights, is pleased to announce that it has signed a new deal with its worldwide distributor. One Media will receive an advance against earnings in the amount of US$2,500,000 paid over an agreed period within the current financial year. All other matters concerning the deal remain contractually confidential. Michael Infante, CEO and Chairman of One Media said: "We have been working with The Orchard since 2006 and today's announcement will further strengthen and develop this strategically important relationship." For further information please visit www.onemediaip.com or contact: One Media iP Group plc Hybridan LLP Tavistock Communications Michael Infante Claire Noyce/Deepak Reddy John West/ Simon Compton 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 Notes to Editors: One Media is a digital music and video rights owner. The consumer operation looks to exploit its catalogue of over 170,000 music tracks and over 4,000 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. The Company has a team of creative technicians who re-compile and prepare digital music releases using bespoke in-house software. Additionally, One Media licenses its music content for TV shows, movies, adverts, games and websites. Clients include Disney, Ubisoft and ITV. One Media operates an online sync database system that enables music supervisors to explore the library and select tracks for music briefs. One Media focuses on music 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 and over 1000 hours of classical music. One Media is now eligible for Enterprise Investment Schemes ("EIS") and Venture Capital Trusts ("VCT").
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