10th Jun 2014 09:21
LONDON (Alliance News) - One Media IP Group PLC said Tuesday that it has signed a new USD2 million deal with its worldwide distributor.
The Netlabel, consolidator and acquirer of music and video rights, said that under the terms of the deal with its distributor, the Orchard, it will receive a further advance against future earnings in the amount of USD2 million, payable on or before June 30, 2014.
The company intends to release its half-year results on the June 17, 2014.
Shares in One Media IP Group were quoted at 14.75 pence per share Tuesday morning, untraded.
By Alice Attwood; [email protected]; @AliceAtAlliance
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