One Media is pleased to announce that it has acquired from Telos Holdings Inc. ("Telos") of Los Angeles, USA, the entire rights to the Masters and all assets for the classic music catalogue known as `Point Classics.' The deal, which comprises over 4,000 classical recordings and all corporate logos, registrations and distribution rights.
The rights to the Point Classics catalogue have been owned by Telos/Point Classics since its acquisition in 2000 and a solid profitable income stream for the content has been built. In addition to developing a worldwide reputation in digital exploitation and physical licensing to record labels the catalogue has also been the subject of synchronisation deals with film and TV companies. Due to the confidentiality of today's acquisition, no further information regarding today's news can be disclosed.