One Media makes Sooty acquisition
One Media, the profitable Netlabel and consolidator and acquirer of music and video rights, announces an exclusive deal for the ownership of worldwide rights to material from Sooty, the longest-running children's TV programme in the UK.
One Media now has exclusive control of a variety of classic Sooty content including eight TV shows presented by Sooty's creator, Harry Corbett. The shows date back to the original Sooty episodes of the 1950's all the way through to the 1970s including such classics as The Sooty Olympics and Sooty's Birthday. One Media also has the rights for The Sooty Radio Show and a feature length special entitled "Sooty - The Big Day Out" with Richard Cadell.
The acquisition was made for an undisclosed sum which will be offset against future royalty payments. One Media will now look to derive value from the content by packaging it for sale across a variety of digital platforms including iTunes, Amazon, and YouTube.
Michael Infante, CEO and Chairman of One Media said: "The continuing acquisition of outstanding content is core to the success of One Media and I am extremely pleased with the addition of Sooty, Sweep & Soo to our portfolio.
This acquisition broadens our mix of content and marks an important move into the distribution of non-music related video, an area we are looking to build on in the near future. Our expansion into acquiring more content to meet the demands of the emerging Smart TV market will continue to be a priority.