RCS - One Media iP Group - Further re TCAT Protect App

One Media IPAnnouncement

19/06/2024 07:00

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RNS Number : 9522S  One Media iP Group PLC  19 June 2024

One Media iP Group plc

("One Media" or "Company" or "Group")

 

Further re TCAT Protect App

 

Further to One Media Group iP's subsidiary TCAT Ltd ("TCAT"), RNS Reach
announcement (3 June 2024) of the launch of the "TCAT Protect" app with a
7-day free trial of its Gold Standard service, the Company is pleased to
announce that it has now been extended to a 14 day free trial, followed by
free access to its Bronze Plan for a trial period for the following six
months.

 

TCAT Protect is the advanced audio fingerprinting software that matches music
tracks on music streaming platforms such as Spotify, Apple Music, Amazon
Music, Deezer and Napster (together the monitored Digital Service Providers
"DSPs"), allowing users to view and review any potential infringements of
music tracks in one place. This enables protection of users' intellectual
property rights and maximises revenue returns in real-time.

 

With the news of TCAT's service slowly spreading through the industry, TCAT
Ltd has extended its free offer of the Gold Standard usage from 7 days to 14
days to give new users an extended period to experience the anti-piracy
software's full service and thereafter free access to TCAT's Bronze Plan for
at least six months.

 

In light of the news from Robert Kyncl turns up heat on PRO metadata
matching, and other things we learned from his NMPA keynote in New York
(https://www.musicbusinessworldwide.com/robert-kyncl-turns-up-heat-over-pro-metadata-matching-and-other-things-we-learned-from-his-nmpa-keynote-in-new-york/
(https://www.musicbusinessworldwide.com/robert-kyncl-turns-up-heat-over-pro-metadata-matching-and-other-things-we-learned-from-his-nmpa-keynote-in-new-york/)
), the Company believes that TCAT Protect can play an important part in
detection for artists and record labels alike.

 

Music rightsholders, record labels and artists are challenged with their music
being illegally exploited on legitimate digital stores, which is down to audio
modification and inaccurate metadata. This not only violates ownership rights
- it also results in unauthorised individuals profiting from their
intellectual property, leading to revenue losses amounting to billions of
dollars annually. TCAT Protect is designed to address this need by offering
comprehensive tracking, reporting and insights into potentially infringing
tracks, to strengthen the management of music rights across legitimate digital
stores such as Spotify and Apple Music.

 

The service is tailored to provide:

-      Tracking of Music Recordings across global digital
stores: Real-time monitoring and the ability to listen to tracks that are
potentially infringing your music, providing a level of vigilance that has not
been available until now.

-     Enhanced Transparency: Detailed and user-friendly reports that offer
clear insights into how, where and who is trading in a record label's Music
Rights.

-      Real-Time Data: Advanced analytics tools to help stakeholders make
informed decisions based on real-time data.

-      Consolidated view: The real time data is presented in one place,
by monitored DSP, by territory.

 

To show the functionality and reliability of TCAT Protect, TCAT are offering a
14-day free trial of their Gold Standard service. Go to www.tcat.media
(http://www.tcat.media/) and sign up for free and then free access to its
Bronze Plan for a further six months.

 

TCAT's Managing Director, Robin Abeyesinhe, said "We are delighted to extend
the free trial of our Gold Standard service from 7 days to 14 days and then
offer our Bronze Plan for a further six months free of charge. We need
musicians and record labels to engage with TCAT and we will be presenting our
service to all music related associations and musician unions which will see a
benefit from our great protective music service.  We look forward
enthusiastically to continue to introduce TCAT to the music industry and help
protect artists and content owner's music copyrights."

 

About TCAT (a subsidiary of One Media Ip Group PLC)

TCAT is a Software as a Service (SaaS) platform, developed as a means of
automating the difficult and time-consuming task of monitoring digital music
releases, for instances of unauthorised exploitation. The TCAT software is
quick and powerful, capable of scanning legitimate global digital music stores
for unauthorised and duplicated releases, providing 'up-to-the-moment'
reporting. TCAT was developed in-house by One Media iP Group plc as a
technical arm to protect it's own catalogue of over 400,000 music rights. Its
development over 4 years has now led it to be offered to the wider music
industry and has been established now as a separate limited company subsidiary
within the Group.

 

The person who arranged the release of this information is Michael Infante,
Chief Executive Officer of the Company.

 

 One Media IP Group Plc
 Michael Infante                     Chief Executive

                                     Tel: +44 (0)175 378 5500

 Claire Blunt                        Chairman

                                     Tel: +44 (0)175 378 5500

 Cavendish Capital Markets Limited   Broker
 Giles Balleny, (Corporate Finance)  Tel: +44 (0)20 7397 8900

 Michael Johnson (Sales)

 Claire Turvey, Fourth Pillar        Financial PR

 claire@fourthpillarpr.com           Tel: +44 (0)7850 548 198

 

About One Media iP Group Plc

One Media is a digital music rights acquirer, publisher and distributor with a
diversified catalogue of over 400,000 music tracks. 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 and TV
whilst its video content is primarily viewed on YouTube, where One Media
operates over 20 channels as a certified partner. Additionally, its copyright
infringement and digital music audit tool software TCAT is used by major
record labels and the world leading digital international distributor. Men
& Motors, the Company's branded car channel, is now available via
YouTube www.youtube.com/channel/UCNLiybn_9jgQaV0NZlSRwCg
(https://www.youtube.com/channel/UCNLiybn_9jgQaV0NZlSRwCg)

One Media is listed on the AIM Market of the London Stock Exchange under the
ticker 'OMIP'.

For further information, please visit www.omip.co.uk (http://omip.co.uk/)
 and www.harmonyip.com/ (http://www.harmonyip.com/)

 

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