One Media IP Group (OMIP)

Sector:

Media

Index:

FTSE AIM All-Share

 4.25p
   
  • Change Today:
      0.000p
  • 52 Week High: 7.13p
  • 52 Week Low: 3.75p
  • Currency: UK Pounds
  • Shares Issued: 222.45m
  • Volume: 107,272
  • Market Cap: £9.45m
  • RiskGrade: 202

One Media considers options after court vacates infringement judgement

By Josh White

Date: Monday 20 Feb 2017

LONDON (ShareCast) - (ShareCast News) - Digital media content provider One Media iP Group updated the market on its claims in the US that its music rights had been exploited without authorisation.
The AIM-traded firm had initially filed proceedings on 5 May 2015, with the Nashville court ruling in its favour with regard to the actions of HHO Licensing, the Henry Hadaway Organisation and Henry Hadaway personally.

One Media announced at the time that the litigation was concluded.

On 17 September 2015 the Federal Court in Nashville, Tennessee issued a judgment in the sum of $781,846 against Henry Hadaway, HHO Licensing and Henry Hadaway Organisation - which included costs of $9,929 - for the wilful infringement of 1,466 recordings from the Point Classics catalogue owned exclusively by One Media.

However, on Monday One Media confirmed it had been notified by the court that - after an application from the Hadaway defendants - the court had retracted its jurisdiction over the defendants and vacated its judgement.

"The group is considering its position on the matter as to furthering the matter in the US," One Media's board said in a statement.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

OMIP Market Data

Currency UK Pounds
Share Price 4.25p
Change Today 0.000p
% Change 0.00 %
52 Week High 7.13p
52 Week Low 3.75p
Volume 107,272
Shares Issued 222.45m
Market Cap £9.45m
RiskGrade 202

OMIP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
16.40% above the market average16.40% above the market average16.40% above the market average16.40% above the market average16.40% above the market average
15.56% below the sector average15.56% below the sector average15.56% below the sector average15.56% below the sector average15.56% below the sector average
Price Trend
66.07% below the market average66.07% below the market average66.07% below the market average66.07% below the market average66.07% below the market average
40.43% below the sector average40.43% below the sector average40.43% below the sector average40.43% below the sector average40.43% below the sector average
Income
99.5% below the market average99.5% below the market average99.5% below the market average99.5% below the market average99.5% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
76.86% above the market average76.86% above the market average76.86% above the market average76.86% above the market average76.86% above the market average
81.40% above the sector average81.40% above the sector average81.40% above the sector average81.40% above the sector average81.40% above the sector average

OMIP Dividends

  Latest Previous
  Final Final
Ex-Div 09-May-24 06-Apr-23
Paid 28-Jun-24 26-May-23
Amount 0.055p 0.055p

Trades for 17-May-2024

Time Volume / Share Price
13:54 39,395 @ 4.07p
10:00 67,877 @ 4.42p

OMIP Key Personnel

CEO Michael Infante
Finance Director Steve Gunning

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