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One Media iP Group 'proving to be robust investment model' after revenues rise

One Media iP Group 'proving to be robust investment model' after revenues rise

One Media IP Group PLC's (LON:OMIP) Michael Infante talks to Proactive London after revenues in the year to end-October rose by 14% to £4mln with profit before tax up by a third to £740,000.

Infante discusses some of the highlights in the half year, after acquiring a back catalogue of producer royalties from Take That's songs and launched a new Men & Motors TV channel as well forming the new TCAT arm.

One Media paid a final dividend of 0.055p and closed the year with cash of £6.8mln after a £6mln placing in August.