One Media IP (LON: OMIP) is selling TCAT, which monitors unauthorised exploitation of music, to digital agency Round Group in return for a 5% stake in the purchaser. This will improve group profitability, while having some exposure to the potential upside from the technology.
Digital agency Round Group and it uses technology for marketing campaigns. It has three existing shareholders: Aaron Sayer, Jacob Sayer and Vishal Ramakrishnan. Round Group had net assets of £220,000, including cash of £282,000, at the end of April 2023.
One Media IP developed the Technical Copyright Analysis Tool ...
