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Former BBC chairman Michael Grade and his business partner Ivan Dunleavy are set to join the board of digital music rights business One Media IP (OMIP:AIM) after investing £375,000 (18 Dec).

One Media has a catalogue of more than 250,000 ‘nostalgic’ tracks. Part of what attracted Grade to One Media is its TCAT service which helps record companies root out copyright abuses. The shares gained nearly 30% on the news to 5.5p. (TS)



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