One Media iP Group Plc - Trading Update
("One Media”, the "Company" or the “Group”)
H1 Trading Update
(AIM: OMIP), the digital music rights acquirer, publisher and distributor, is pleased to provide the following update on trading ahead of its results for the six months ended .
Despite challenging market conditions caused by Covid-19, One Media retains a strong cash position and continues to trade in line with market expectations.
The Group’s staff remain fully employed in its businesses and continue to work efficiently on a remote basis. Further opportunities are being explored to expand One Media’s music catalogue and exploit its initiatives around TCAT and Harmony IP.
The Group intends to report its interim results in .
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. The person who arranged the release of this information is , Chief Executive Officer of the Company.
One Media is a digital music rights acquirer, publisher and distributor. The Group specialises in purchasing and monetising intellectual property rights with proven, repeat income streams. One Media adds value to its content by maximising its availability in over 600 digital stores globally, including Apple Music, YouTube, Amazon and Spotify.
One Media’s music is also widely used for synchronisation in film, TV and digital gaming whilst its video content is primarily viewed on YouTube where One Media operates over 20 YouTube channels as a certified partner.
One Media is listed on the index, under the symbol ‘OMIP’.
For further information, please visithttp://www.omip.co.uk/
+44 (0)175 378 5500 - CEO – Chairman +44 (0)175 378 5501 (Nominated Adviser) +44 (0)20 7213 0880 Cenkos Securities plc (Broker) +44 (0)20 7397 8900 Michael Johnson (Sales) Yellow Jersey PR (PR & IR) +44 (0)20 3004 9512
One Media iP Group Plc Cairn Financial Advisers LLP Michael Infante Claire Blunt Liam Murray Jo Turner Ludovico Lazzaretti Max Hartley Max Gould Charles Goodwin Annabel Atkins
Quick facts: One Media IP Group
Market Cap: £9.66 m
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