5 Steps to Get Prepared for the New Revenue Recognition Standard

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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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FilmTrack's Financials Manager

Enjoy the most robust financial tools in the industry, built to handle the most complex calculations. Whether it’s circular deductions, financial waterfalls, or royalties in/out, you can relax and know that everything is being split and paid accurately.

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FilmTrack's Contracts & Availabilities Manager

Increase revenue, get to market quicker, and optimize the value of your library. Our Contracts and Availabilities Manager provides automated, real-time contract and availabilities data across your entire catalog.

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FilmTrack's Brand Licensing Manager

Increase revenue, save time, and measure the success of your brand licensing program. RoyaltyZone, a FilmTrack solution, makes it easy for you to automate your business and take your licensing game to the next level.

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The Benefits of Brand & Product Licensing

In the world of business, partnerships are often the best recipe for success. Whether your business is looking to get off the ground, looking for new streams of revenue, or has hit a plateau and is looking to break through to that next level, teaming up with someone else who’s trying to do the same thing can be a win-win. One common way this is done is through brand and product licensing.

MESA 2020 Winter Journal: PREPARING FOR THE POST-PANDEMIC CONTENT CONSUMER

In the 2020 Winter edition of the MESA Journal, FilmTrack's current COO Michael McGuire explains how the pandemic has impacted the entertainment industry and how that impact may have fundamentally changed the industry moving forward. Most notably the halt of production and the shutdown of theaters has put tremendous value on existing libraries. Utilizing software such as FilmTrack to fully understand what is currently available for sale or distribution, as well as what will be coming available and when, has become imperative to not only conduct business as usual but thrive in the current economy.

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