The Asylum, best known for its globally acclaimed SHARKNADO franchise, stands as a pinnacle in the realm of motion pictures and television. With a rigorous schedule of releasing 1-2 films per month, The Asylum's cinematic factory continually delivers hits that captivate audiences worldwide.
Managing an expansive library of titles, contracts from numerous buyers all across the world, and royalties from major platforms like Amazon, Vudu, iTunes, and Microsoft while swiftly coordinating between various departments presented The Asylum with intricate challenges.
They required:
FilmTrack has become a vital reference for The Asylum, centralizing all their titles, metadata, and contract information for every deal made. It's not just a tool; it's an ecosystem that powers their operations.
Using FilmTrack, The Asylum harnesses the power of real-time reporting, from Avails to Accounts Receivables, which ensures they remain informed, make strategic decisions, and streamline their financial flow.
Beyond mere data storage, The Asylum's company website dynamically pulls from FilmTrack, ensuring the information presented is accurate and up-to-date.
FilmTrack boasts vast capabilities, but The Asylum's steadfast commitment to the platform stems from its unparalleled customer service and proactive stance on feedback and improvements.
For The Asylum, FilmTrack isn't just software; it's a partner in their cinematic journey. Key benefits they've reaped include:
A defining moment showcasing FilmTrack's indispensable value came during The Asylum's pursuit of a borrowing base report. Despite their dedicated controller and accounting team's persistent efforts over the years, the creation of this report remained elusive. However, using the power of FilmTrack, we generated a pivotal collections report. This wasn't just a report; it served as the blueprint for constructing the sought-after borrowing base report, which now forms an integral part of their operations, albeit manually entered.
FilmTrack's robust capabilities empower The Asylum with a suite of regular reports, ensuring they're always ahead of the curve. Routine reporting includes:
FilmTrack offers a comprehensive suite of solutions tailored for the unique challenges of the movie industry. The Asylum's relationship with FilmTrack is a testament to the platform's capabilities, empowering them to be more organized, efficient, and responsive to the ever-evolving demands of the cinematic universe.
Explore more client examples of FilmTrack's dynamic platform in use. Take a look at the case studies below, or contact us for a demo to see what we can do for you!
Discover how Vision Films harnesses the power of FilmTrack to transform film distribution, offering dynamic, real-time avails to global buyers.
Learn how a major studio uses FilmTrack to efficiently manage the volume of assets associated with a massive decades-old film library.
Learn how K2 Studios uses FilmTrack to implement a solution that would grow with their expanding library and manage and better organize their content on a granular level.
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