StockMarketWire.com - Music rights investor One Media iP said it had acquired a percentage of the producer royalties to over 100 tracks produced by Steve Levine that included music performed by Louise, 911, Culture Club and the Honeyz.

One Media IP said the deal, for which a sum was not disclosed, was completed under its Harmony iP asset release scheme.

The scheme included software which monitorsed music streams across over 600 music platforms around the world, identifying unauthorised use and copyright infringements.

'For someone who has always been interested in tech, this was a big draw for me,' Levine said.

'Tracking royalties across the online world is extremely complicated ... much better to partner with a company leading the way in this field.'

The acquisition had been funded through the company's existing cash resources.



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