One Media adds Take That hits to catalogue

The boyband went platinum in the 90s (PA)

(PA)

AIM-listed nostalgic songs specialist One Media iP Group today revealed it has acquired the producer royalties to many of Take That's top hits from songwriter and DJ, Ian Levine.

One Media, which has a catalogue of hundreds of thousands of tracks spanning soul to classical, has acquired the producer's rights to hits from the two-time platinum album, Take That & Party - including the tunes ‘A Million Love Songs’, ‘Could It Be Magic’ and ‘I Found Heaven’ - for an undisclosed sum.

It also acquired the producer royalties of two other tracks recorded by the 90s boyband which have never been released.

The firm, which launched a £6 million fundraise last summer, counts former BBC chairman Lord Grade among board members.

Chief executive and founder, Michael Infante, said the move got 2021 "off to an excellent start for One Media" and "marks the first of a strong pipeline of deals".

He said: "Given the current global crisis and corresponding impact on the live music sector, we have found an increasing number of artists are evaluating alternative income opportunities and are looking favourably upon our initiative.

“We remain focused on building momentum and scaling the business, and look forward to keeping the market updated on our progress.”

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