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One Media iP 'carving a new niche' and pursuing big opportunities in publishing

Michael Infante, chairman and chief executive of the music streaming specialist One Media IP Group Plc (LON:OMIP), tells Proactive's Andrew Scott they more than doubled underlying profits in the latest full year as the trend for downstream music gathered pace.

Revenues rose by 14% to £2.33mln, while underlying profit [EBITDA] jumped 121% to £536,000.

The group’s copyright and content search tool TCAT, also signed its first client during the period and after the year-end won a contract with an international record label.

Quick facts: One Media IP Group

Price: 7.125 GBX

AIM:OMIP
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...

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