25th January 2017

“That’s Nice” One Media renews catalogue of recordings with MD Productions

MD Production Catalogue

Exclusive Rights For Music Catalogue Renewed

One Media iP Group Plc is pleased to announce that it has renewed the exclusive rights to the MD Production music catalogue.

The MD catalogue comprises over 1,000 original recordings from the 1960s to the 1980s. With performances from artists such as Don Fardon, The Cockerel Chorus, Dando Shaft, Gill Scott-Heron, Greyhound, Roy Harper, Johnny Kidd & the Pirates, Kenny and Python Lee Jackson to name just a few. The tracks have been marketed exclusively by One Media since 2007 on a royalty-sharing basis. MD Productions has been a long-term music provider and has received three advances and on-going royalties from One Media throughout the term.  One Media is pleased to report that it has always fully recouped its advances throughout the relationship.

MD Productions is headed by Miki Dallon a well-known songwriter and record producer from the 60s and 70s who also had his own performing career from the late 50s to the mid 60s.  As a songwriter and producer he scored with The Sorrows ‘Take a Heart’ and Neil Christian ‘That’s Nice’, the songs were also major hits by a variety of artists in most European territories.  Miki undertook further independent production work for many Major labels throughout the 70s and 80s, having previously run the Strike and Young Blood labels as outlets for his productions through the 60s and 70s. Back in 1958 Miki began his music career as a rock’n’roll pianist with Vince Taylor and Marty Wilde. He followed up with his own group the Medallions appearing on TV shows like 6.5 Special, before teaming up with Mickie Most as a group The Minute Men in 1964.

Commenting on the deal, Michael Infante Chairman and CEO said “We have represented the exclusive digital rights for over 10 years and we very much look forward to continuing with this great catalogue of rights. Miki’s insight and passion for business is the same now as it was 50 years ago, he is a legend.”

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At the end of 2015, 68 million people were paying for a subscription to music-streaming services like Spotify, Apple Music and their rivals.

A year later, that figure had grown to 97 million, according to industry body the IFPI, which published its annual Global Music Report this afternoon.

Once family plans, where up to six people in a household access a streaming service through one subscription, the number of ‘paid subscription users’ at the end of 2016 rises to 112 million.

It’s this growth in streaming subscription services that’s the driving force behind the recorded-music industry’s overall growth in 2016, with global revenues up 5.9% to $15.7bn.

Within that, streaming revenues – from paid subscriptions and free, ad-supported services – grew by 60.4%. Revenues from physical music sales fell by 7.6%, while those from downloads fell by 20.5%.

2016 was also a tipping point for the industry: the first year when digital music accounted for half of labels’ overall revenues

The 5.9% overall growth follows a 3.6% increase in 2015: two consecutive years of growth, although the IFPI and its major-label members spent a decent proportion of their press conference in London this morning emphasising the 40% decline over the 15 preceding years.
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