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One Media IP Group PLC chief talks transitioning to a subscription based model

Digital content provider One Media IP Group PLC (LON:OMIP) acquires nostalgic music and television programmes from bands, producers and record labels, and digitises them, making them fit for 21st Century consumption.

Michael Infante, chairman and CEO of One Media IP, tells Proactive that, like the collapse of the CD, “we are now seeing the collapse of downloading – the iTunes model – in favour of streaming”.

He adds that this transition hit figures last year, but remains confident that the company is in a strong position as it was able to maintain its margins.

Quick facts: One Media IP Group

Price: 7.125 GBX

Market: AIM
Market Cap: £9.66 m

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One Media IP declares interim dividend and targets 'steady recurring revenue...

Michael Infante, CEO of the digital music rights acquirer, publisher and distributor, One Media IP (LON:OMIP) tells Proactive London's Andrew Scott the fact they've declared a dividend for the first half of 2020 is an illustration of their confidence in the year ahead. ''We believe we have a...

3 weeks ago

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