In less than a decade, the media and entertainment industry has been completely turned on its head. Advances in technology have made buying and selling content faster and easier than ever before. But at the same time, it has also introduced an array of challenges when it comes to tracking licenses and royalties. Fortunately, rights reporting software has helped M&E businesses navigate the complexities of the digital age.
Here’s how film and television studios, distributors, and production houses use FilmTrack to maximize efficiency across the entire content lifecycle.
Film and Television Studios
As the Media and Entertainment industry continues to evolve, studios and networks are seeking the most efficient and scalable ways to manage and monetize content. Global film and TV studios leverage FilmTrack’s rights reporting software across the entire intellectual property value chain to:
- Capture critical metadata
- Access availabilities and acquisition details
- Automate contract administration
- Facilitate deal management
- Create invoices
- Store and access rich-media files
Distributors
Immediate and accurate access to title availabilities is pivotal to the success of global content distributors. With the numerous content distribution channels that exist in today’s digital economy, global distribution teams require faster and more efficient ways to access accurate financial and contractual information. With FilmTrack, distributors have real-time access to critical information including:
- Rights-in and rights-out information
- Underlying rights restrictions
- Sales availability
- Revenue recognition
- Royalty reporting
- Financial tracking down to the episode-level
Production
As media continues to rapidly transition from analog to digital, production houses are looking for efficient tools to manage this new terrain. FilmTrack enables production companies to effectively navigate the new business paradigm and streamline workflows. Some of the key benefits include:
- Accessing title metadata
- Providing visibility into title release schedules
- Accessing materials servicing information
- Tracking inventory
- Quality control
- Accounting workflows
Cut through the complexities of rights reporting. Contact us today to learn how FilmTrack can help you maximize your intellectual property in 2018 and beyond.
