CatalystWireBeta

TCAT Protect App

In brief · summary, not quotable

No summary for this filing – the full text is below.

Full announcement

Select text to share a quote on X · sign in to keep highlights & notes in your OMIP notes

One Media Group iP's subsidiary TCAT Ltd ("TCAT"), announces the launch of the "TCAT Protect" app with a 7-day free trial to interested music industry stakeholders.

Music rightsholders, record labels and artists are challenged with their music being illegally exploited on legitimate digital stores, which is down to audio modification and inaccurate metadata. This not only violates ownership rights - it also results in unauthorised individuals profiting from their intellectual property, leading to revenue losses amounting to billions of dollars annually. TCAT Protect is designed to address this need by offering comprehensive tracking, reporting and insights into potentially infringing tracks, to strengthen the management of music rights across legitimate digital stores such as Spotify and Apple Music.

The service is tailored to provide:

  • Tracking of Music Recordings across global digital stores: Real-time monitoring and the ability to listen to tracks that are potentially infringing your music, providing a level of vigilance that has not been available until now.
  • Enhanced Transparency: Detailed and user-friendly reports that offer clear insights into how, where and who is trading in a record label's Music Rights.
  • TCAT Protect: The advanced audio fingerprinting software matches music tracks on music streaming platforms such as Spotify, Apple Music, Amazon Music, Deezer and Napster (together the monitored Digital Service Providers "DSPs"), allowing users to view and review any potential infringements of music tracks in one place. This enables protection of users' intellectual property rights and maximises revenue returns in real-time.
  • Real-Time Data: Advanced analytics tools to help stakeholders make informed decisions based on real-time data.
  • Consolidated view: The real time data is presented in one place, by monitored DSP, by territory.

To showcase the functionality and reliability of TCAT Protect, TCAT are offering a 7-day free trial of their Gold Standard service. Go to www.tcat.media

TCAT's Managing Director, Robin Abeyesinhe, said "At TCAT, we understand the challenges faced by record labels, artists, composers, and royalty receivers in managing their rights and earnings. With TCAT Protect, we aim to provide a robust tool that enables rights holders to track their music on the monitored DSPs and to identify and take action against potentially infringing tracks, using TCAT's fingerprinting technology and bespoke software, whilst also offering the transparency and security that our clients deserve.

"We are excited to offer the 7-day free trial of our Gold Standard service to demonstrate the value and efficiency of our platform."

One Media IP Group Plc

Michael InfanteChief Executive Tel: +44 (0)175 378 5500
Claire BluntChairman Tel: +44 (0)175 378 5500
Cavendish Capital Markets LimitedBroker
Giles Balleny, (Corporate Finance) Michael Johnson (Sales)Tel: +44 (0)20 7397 8900
Claire Turvey, Fourth Pillar claire@fourthpillarpr.comFinancial PR Tel: +44 (0)7850 548 198

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

Share this quote

Quote card
Post on X WhatsApp Download image

The link opens this announcement with the quote highlighted. Quotes are checked against the original text.

Add a note