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

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 robust model, it's a cash recurring model, once we've uploaded the music to the various stores and provided those stores aren't affected, then effectively the music delivery process goes on ... we're confident that the remainder of this year will deliver what is in our existing business plan''. 

Quick facts: One Media IP Group

Price: 7.125 GBX

AIM:OMIP
Market: AIM
Market Cap: £9.66 m
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on 1/5/18

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