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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

Market: AIM
Market Cap: £9.66 m

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One Media IP 'incredibly well positioned to benefit from growth in the music...

Ivan Dunleavy chats to Proactive Investors after recently taking up the role of non-executive chairman at One Media IP Group PLC (LON:OMIP). Dunleavy ran Pinewood Studios for 17 years until its sale in 2016 for £323mln. Heightened interest in One Media comes at a time when the music...

on 1/5/18

2 min read