Film and Television Rights Management Blog | FilmTrack

5 Steps to Get Prepared for the New Revenue Recognition Standard

Written by FilmTrack | Mar 7, 2022 4:00:00 PM

How will the new standard affect your current revenue recognition model?

The current model used by most Media & Entertainment companies to determine the pattern for revenue recognition for licenses will change drastically. Leaving many to reevaluate their current revenue recognition models and implement alternative solutions and workflows by the December 15, 2018 deadline for the new revenue recognition standards.

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