The current model used by most Media & Entertainment companies to determine the pattern for revenue recognition for licenses will change drastically.
The rapid rise of digital entertainment has made rights management functions more complicated than ever before. With FilmTrack Financials, media & entertainment businesses can navigate today’s fragmented landscape with ease.
The rise of on-demand entertainment platforms –– Netflix, Facebook, Hulu, and Amazon, to name a few –– has brought on massive change in the way people consume news, movies, and TV shows.
Media and entertainment businesses consist of various moving parts. Sales teams require accurate, granular availabilities reports to clearly identify and exploit every revenue opportunity. Acquisition teams need to analyze content metrics in order to properly evaluate future business opportunities.
Systems of the past were not designed to handle the challenges surrounding VOD contracts and the resulting flow of revenue distribution. With FilmTrack, media & entertainment businesses can navigate the shifting digital landscape with ease.
Over the last several years, it’s been impossible to ignore the disruptive force of blockchain technology. From banking and healthcare to energy and security, industry sectors across the board are hailing it as a revolutionary force that is capable of inciting massive change.