FilmTrack Unveils New Features and Functionality That Define the Next Generation in Rights Management

STUDIO CITY, CA –– April 18, 2018 –– FilmTrack, the leading end-to-end rights management solution that helps media and entertainment companies manage and monetize their intellectual property, unveiled all-new platform features at NAB Show in Las Vegas last week. This announcement comes on the heels of $5.5 million Series C funding that the company announced last August.

“From day one, FilmTrack was designed to quickly evaluate content availability,” says Jason Kassin, CEO of FilmTrack. “At NAB, we were proud to unveil new features and functionality that will put that power, instantaneously, into the hands of all users across the enterprise.”

In addition to a revamped user interface, new features and functionality announced at 2018 NAB Show, include:

  • MyFilmTrack
    MyFilmTrack is a dynamic and highly visual console that helps decision makers keep their fingers on the pulse of what’s happening across business departments. Featuring real-time reporting and customizable dashboards, MyFilmTrack gives users the ability to see the most important key metrics and data at a glance, all from one screen.
  • InstAvails
    InstAvails enables teams to quickly and easily access data for better decision-making while streamlining the contract initiation process. With InstAvails, teams can quickly discover what content is available to sell as well as what isn’t available and why.
  • Financials
    Expanding upon the platform’s already robust finance and accounting capabilities, users are now able to access important revenue data pertaining to royalties, participations, and financials in real-time. This includes, but is not limited to:

    • Modeling, ingestion, validation, calculation, and invoicing of royalties
    • Modeling, ingestion, calculation and reporting of participations
    • Contract versions, workflows, and validation rules
    • Granular billing groups & schedule Items for advanced financial activities
    • Dynamic fee calculations including robust support for SVOD deals

FilmTrack’s comprehensive SaaS platform has already proven successful in helping clients improve data integrity, streamline workflows, and accelerate sales processes. These new product offerings will help FilmTrack continue to solidify its position as the most sought-after end-to-end rights management solution in the world.

“Over the last several years, FilmTrack has established itself as the most secure and robust SaaS provider of rights management software,” says Michael McGuire, CRO of FilmTrack. “Our ability to handle everything from rights and availabilities to royalties and participations in a single unified code base is unparalleled. Our enhanced UI/UX experience and new modules make FilmTrack the easiest to use rights management platform in the media and entertainment space. We could not be more pleased with the reception these new releases received at the show last week.”

For more information about new features and functionality announced at 2018 NAB Show, please contact info@filmtrack.com.

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About FilmTrack
For over two decades, FilmTrack has been recognized as the leading SaaS rights management solution for the media & entertainment industry. The company’s cloud-based platform streamlines the complex intellectual property lifecycle, providing the necessary tools to manage mission-critical data, including contracts, rights, financials, royalties, and related assets.

To view the official press release, click here.

FilmTrack Raises Additional $5.5 Million from Insight Venture Partners, Solidifying Market Leadership Position

STUDIO CITY, CALIF (PRWEB) AUGUST 09, 2017 – FilmTrack, the leading end-to-end rights management solution that helps media and entertainment companies manage and monetize their intellectual property, has secured $5.5 million in Series C Funding from Insight Venture Partners. This additional investment will bring the total equity raised to over $40 million, allowing the company to further advance their comprehensive SaaS rights management solutions.

“This additional capital demonstrates Insight Venture Partners’ commitment to our core business model and future growth,” says Jason Kassin, CEO of FilmTrack. “We look forward to putting this capital into our platform in order to accelerate our positioning as the clear leader for rights management within the media and entertainment industry.”

FilmTrack’s business has more than tripled since Insight Venture Partners first partnered with the company in 2013. Insight’s new round of funding will elevate FilmTrack’s growth and innovation throughout 2017 and beyond.

This funding follows pivotal company milestones, including:

  • The complete integration of acquired Jaguar functionality into their unified code base, allowing deeper financial capabilities pertaining to Royalties and Participations.
  • Contracting enterprise clients including NBCU, CBS, Scripps, and DHX; each use the FilmTrack solution to power their back offices and connect with internal and external business units, enabling them to maximize their intellectual property and unlock hidden revenue.
  • Full integration with EIDR, the Entertainment Identification Registry, and GoodData, the leading provider of business intelligence for data monetization.

FilmTrack’s integrated, cloud-based SaaS platform has proven successful in helping clients enhance productivity, increase collaboration across business units, and exploit revenue opportunities. FilmTrack continues to solidify its position as the best rights management solution across the global media and entertainment industry. This latest round of funding is earmarked for major product enhancements – including an enhanced UI/UX, expanded reporting and analytics tools, and a deepening of the already robust finance and accounting capabilities.

“No other company in the media and entertainment industry comes close to delivering the robust capabilities that the FilmTrack solution provides,” says Peter Sobiloff, Managing Director at Insight Venture Partners. “This additional round of financing represents another important step in building FilmTrack into one of the most sought-after end-to-end rights management solutions in the world.”

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About FilmTrack:
Founded in 1996, FilmTrack is the leading end-to-end rights management solution, providing a unified single platform for contracts, rights, royalties, and financials. FilmTrack’s mission is to simplify the complexities of managing and licensing intellectual property. FilmTrack’s SaaS platform provides the tools to manage mission-critical data, including contracts, rights, royalties, financials, and asset management, all in one solution.


About Insight Venture Partners
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Insight Venture Partners is a leading global venture capital and private equity firm investing in high-growth technology and software companies that are driving transformative change in their industries. Founded in 1995, Insight has raised more than $13 billion and invested in nearly 300 companies worldwide. Our mission is to find, fund and work successfully with visionary executives, providing them with practical, hands-on growth expertise to foster long-term success. For more information on Insight and all of its investments, visit insightpartners.com or follow them on Twitter.

To view the official press release, click here.

FilmTrack Welcomes New Chief Revenue Officer, Michael McGuire

Studio City, CA (June 7, 2017) – FilmTrack, the leading solution for contracts, rights, royalties, and financial management, recently hired 20-year software veteran Michael McGuire to join the FilmTrack team as their Chief Revenue Officer. McGuire’s expertise stems from on-premises and SaaS-based enterprise software, hardware, and services. He has served in Management and Executive Management roles for public companies, including Siebel Systems (acquired by Oracle), FileNet (acquired by IBM) and IBM, as well as growth stage startups – Ascendant Technology (acquired by AVNET), Velocify, and FastPay.

Jason Kassin, FilmTrack Co-Founder and CEO, is excited to add McGuire’s process driven methodologies and wealth of global software experience to the FilmTrack team. “He joins FilmTrack during a pivotal time in our trajectory; as years of client-driven R&D is crystallizing into a fully scalable and mature platform for our client-base. Michael’s holistic understanding of software ecosystems, strategic partnerships, and scalable solutioning is a welcome addition to our executive team,” said Kassin.

McGuire’s responsibilities will include oversight of all revenue generation processes, strategy, and execution. His strong background in growing and scaling operations will help to drive better alignment between all revenue-related functions and poise FilmTrack for continued rapid expansion and market penetration.

“FilmTrack is uniquely positioned in the marketplace. It’s strong vertical focus, combined with almost 20 years of delivering solutions to over 250+ customers, makes it a dominant player in the complex ecosystem of managing and licensing intellectual property,” says McGuire. “I’m excited to be able to contribute to its growth strategy and adding to its already impressive list of Enterprise Class customers in the Media and Entertainment Industry.”

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About FilmTrack
Founded in 1996, FilmTrack is the global standard in rights management and associated financials; providing end-to-end SaaS solutions — simplifying the complexities of managing and licensing intellectual property. FilmTrack’s cloud-based platform provides the tools to manage mission-critical data including contracts, rights, financials, royalties and asset management all in one solution.

To view the official press release, click here.

FilmTrack Improves Workflows and Security for Organizations with Single Sign-On Access

Studio City, CA (April 19, 2017) – FilmTrack, the leading solution for contracts, rights, royalties, and financial management announces the addition of Single Sign-On (SSO) functionality to its platform, empowering a more secure way to authenticate users across multiple applications. SSO allows organizations to better manage companywide applications, provides a heightened level of security and enables IT departments to easily manage users and align with company policies to safeguard their business.

The FilmTrack platform integrates with companywide ecosystems and can support identity providers such as OKTA, PingOne, Microsoft Active Directory Federation Services (ADFS) and others for clients across the globe.

IT departments like SSO because users can be managed in one central place and routine tasks like password resets can be centralized.  Users appreciate SSO since it improves their user experience by enabling them to easily access the multiple applications they use on a daily basis.

From production to legal, various departments within the Media and Entertainment Industry make use of several platforms for their day-to-day operations. With SSO implemented across all applications, organizations become more efficient and better protected.

Senior Vice President of Product, Sam Straub, champions FilmTrack’s Single Sign-On functionality, “extending the FilmTrack platform to utilize identity providers such as OKTA, PingOne, and Microsoft ADFS simplifies integrating our software into an organization and reduces friction for users and IT departments alike.”

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About FilmTrack
For over two decades, FilmTrack has been recognized as the leading rights management solution for the media and entertainment industry. The company’s cloud-based platform streamlines the complex intellectual property lifecycle, providing the necessary tools to manage mission-critical data, including contracts, rights, financials, royalties, and related assets.

View the official press release, click here.

FilmTrack Elevates Gary Davis to Executive Vice-President, Operations

Studio City, CA (February 8, 2017) – FilmTrack, the leading solution for contracts, rights, royalties, and financial management that help companies maximize and leverage their intellectual property, announces today the promotion of Gary Davis to Executive Vice President of Operations.

Gary brings more than 20 years of relevant industry experience with a focus on continued company growth and implementing scalable processes. Since joining FilmTrack in 2014, Gary has played a key role in the company’s SaaS software expansion, compliance certifications, process improvement, and leadership team.

“I’ve worked with Gary for years – even before his tenure at FilmTrack – and I’ve always been impressed with his profound attention to detail and strong moral compass,  ” said Jason Kassin, Chief Executive Officer at FilmTrack.

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“He’s a natural leader who’s driven by the best interests of our clients.  His operational acumen has allowed FilmTrack to scale across the enterprise.”

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Gary will continue to lead the company’s business operations, compliance, and hosting groups while absorbing leadership responsibilities for customer support, partner relationships, client delivery, and marketing.

“I am looking forward to the challenge ahead and continuing to help build a high growth company.  FilmTrack is the leader in the intellectual property management space and we continue to reinforce our position by making advancements in our product and expanding our support and delivery capabilities.  It is exciting to be part of such a solid leadership team.” said Davis.

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About FilmTrack
For over two decades, FilmTrack has been recognized as the leading rights management solution for the media and entertainment industry. The company’s cloud-based platform streamlines the complex intellectual property lifecycle, providing the necessary tools to manage mission-critical data, including contracts, rights, financials, royalties, and related assets.

View the official press release, click here.

FilmTrack Adds Valuable Players to Their Team

Studio City, CA (November 14, 2016) – FilmTrack, the leading provider of contract, rights, and royalties solutions that help companies maximize and manage their intellectual property, has recently hired key individuals to help nurture the company’s thriving client base.

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“We are excited to expand our team and welcome, Geo Verna, Matt Palmer and Holly Royer, to the FilmTrack family. Their expertise and in-depth industry knowledge supports our charter to focus on customer satisfaction.”

– Jason Kassin, FilmTrack CEO and Co-Founder

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Geo Verna, Director of Solution Consulting, joins the FilmTrack team with over 15 years of Information Technology. Geo will assist FilmTrack clients with his software pre-sales, integration, and development experience to achieve their organizational goals. His proven ability to synthesize business needs into technology requirements for real-world solutions, makes Geo a valued new member of the team. Geo most recently worked at 20th Century Fox supporting Legal IT systems.  Prior to Fox, he worked at Counterpoint Systems building and running the pre-sales group in Los Angeles and London. He held traditional IT positions at HP, EDS and Towers Perrin in Philadelphia and Seattle.

 

FilmTrack is happy to welcome Matt Palmer in the role of Implementation Manager. He will share responsibility for the delivery of FilmTrack’s software solutions, stand up clients and set up organizations for success.  Matt comes to FilmTrack after four years at Vistex, where he assisted in implementation and support as an Application Consultant. His knowledge base will benefit our clients as they navigate from legacy systems to the FilmTrack platform. Matt grew up in Atlanta, went to school at New York University, and has been in Los Angeles for six years.

 

FilmTrack is happy to announce the hiring of Holly Royer, Product Manager, Consumer Products. The acquisition of RoyaltyZone by FilmTrack in March 2016 has generated rapid growth requiring new team members. Holly will focus on the continued enhancement and improvement of RoyaltyZone. Holly is a licensing industry and software veteran.  Prior experience includes positions at Dependable Solutions, Inc., PRIMEDIA, Inc., and Peterson Publishing.  Holly’s unique blend of business and technical savvy will benefit the RoyaltyZone product line.

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About FilmTrack
For over two decades, FilmTrack has been recognized as the leading rights management solution for the media and entertainment industry. The company’s cloud-based platform streamlines the complex intellectual property lifecycle, providing the necessary tools to manage mission-critical data, including contracts, rights, financials, royalties, and related assets.

FilmTrack Rallies to Support Take Steps Los Angeles for Crohn’s and Colitis

STUDIO CITY, CA (June 22, 2016) – On Sunday, June 26th, The FilmTrack team will be participating in the 8th annual Take Steps Los Angeles Walk. The Take Steps for Crohn’s & Colitis walk is the nation’s largest event dedicated to finding cures for digestive diseases. Many patients have only ever met a handful of other patients suffering from inflammatory bowel diseases (IBD) – this is a unique opportunity for them to meet hundreds of IBD patients, families, and supporters from your own backyard.

Walk day is an incredible experience filled with live music, food, kids’ activities, and educational materials.

For the 1.6 million Americans who suffer from the debilitating effects of IBD, nothing is more important than finding better, more effective treatments, and ultimately, cures. Crohn’s & Colitis Foundation of America (CCFA) is a 4-star charity that is near to the heart of FilmTrack CEO, Jason Kassin.

“My son, Conrad Kassin, was diagnosed with Crohn’s 7 years ago. It’s been a journey that he embraces with grace and élan. He’s gone through surgeries, rigorous medical treatment – including IV infusions every 8 weeks, and every known diet and solution offered by eastern and western medicine. Yes, he does acupuncture too!“

Starting at 10am at Tongva Park located at 1615 Ocean Ave Santa Monica, Take Steps will celebrate the hard work and dedication of a community consisting of patients, loved ones, friends and supporters who inspire each other to continue the fight against these diseases. Last year, FilmTrack raised close to $35,000 and looks to beat that mark for 2016.

To donate please go to http://online.ccfa.org/goto/teamfilmtrack.

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About FilmTrack
For over two decades, FilmTrack has been recognized as the leading rights management solution for the media and entertainment industry. The company’s cloud-based platform streamlines the complex intellectual property lifecycle, providing the necessary tools to manage mission-critical data, including contracts, rights, financials, royalties, and related assets.

About Crohn’s & Colitis Foundation of America (CCFA)
The Crohn’s & Colitis Foundation of America (CCFA) is the largest voluntary non-profit health organization dedicated to finding cures for Inflammatory Bowel Diseases (IBD). CCFA’s mission is to cure Crohn’s disease and ulcerative colitis, and to improve the quality of life of children and adults who suffer from these diseases. The Foundation works to fulfill its mission by funding research, providing educational resources for patients and their families, medical professionals, and the public, and furnishing supportive services for those afflicted with IBD. For more information, visit http://www.ccfa.org.

Press Contact: press@filmtrack.com

View the official press release, click here.

FilmTrack Partners with EIDR to Support Metadata Standards for the Media and Entertainment Industry

FilmTrack, the global leader in contract and rights management for the media and entertainment industry, today unveiled a new integration with EIDR allowing FilmTrack users easy access to EIDR’s unique content identifier system for movie and television assets. With the push of a button, FilmTrack users can now auto-populate an EIDR number into their StarCM Content Manager, which captures all metadata associated with a project, including title, genre, cast, crew and hundreds of related attributes defining the technical and artistic nature of the film.

FilmTrack is currently used by more than 200 companies globally, including many of the most recognizable names in the media and entertainment industry, to manage and monetize their intellectual property. FilmTrack’s cloud-based software platform streamlines the complex intellectual property management process and provides a holistic view into critical data supporting rights, availabilities, contracts, invoicing, licensing, revenue recognition, royalties and workflow management.

FilmTrack will co-host a briefing and reception with EIDR at NAB Booth N4333 at 4:30 p.m. on Monday, April 13, and will be hosting demos at its booth.

FilmTrack CEO Jason Kassin said: “We are excited to join the many content owners who already support EIDR’s vital push for metadata standards across our industry. The integration of EIDR information with our StarCM content manager will help ensure that our diverse client base can rely on a single global identification system for all assets.”

“FilmTrack is a pioneer in the use of EIDR for rights management,” said Don Dulchinos, Executive Director of the EIDR organization. “We look forward to working with them and our media and entertainment membership on the integration of EIDR.”

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 About FilmTrack
For over two decades, FilmTrack has been recognized as the leading rights management solution for the media and entertainment industry. The company’s cloud-based platform streamlines the complex intellectual property lifecycle, providing the necessary tools to manage mission-critical data, including contracts, rights, financials, royalties, and related assets. Visit www.filmtrack.com to learn more.

About EIDR
The EIDR Organization is a not-for-profit industry association that was founded by MovieLabs, CableLabs, Comcast and Rovi to meet a crucial need across the entertainment supply chain for universal identifiers for a broad array of audio visual objects. Recent new member companies include ClearLeap, Google, Japan CableLabs and Microsoft. For more information, please visit www.eidr.org.

FilmTrack Expands Portfolio of IP & Royalty Management Solutions

STUDIO CITY, CA and AUSTIN, TX (March 30, 2015) – FilmTrack, the leading provider of intellectual property and rights management solutions for the media and entertainment industry, announced today it has acquired RoyaltyZone, a leading software provider of licensing and royalties solutions.

RoyaltyZone’s software service and staff will be integrated with FilmTrack’s, providing a more robust end-to-end platform to manage the full spectrum of license agreements, rights, products, and royalties.

The acquisition extends FilmTrack’s leadership as a cloud-based SaaS technology company serving the global television, film, digital media, and consumer products licensing industries. RoyaltyZone’s easily configurable system perfectly complements FilmTrack’s best-in-class rights and content management system. The acquisition brings more than 50 new customers into the FilmTrack family.

FilmTrack CEO Jason Kassin said, “We’ve long admired RoyaltyZone’s turn-key platform, used by thousands of companies around the globe to report and pay royalties in the cloud. This strategic acquisition is a natural fit with FilmTrack’s portfolio of SaaS services, allowing our clients to monetize their IP through faster, more efficient commercial transactions across every area of their business.  Moreover, this continues our expansion into the consumer product vertical which is a natural fit for our contract and content management solutions.”

Lou Ellman, CEO and Founder of RoyaltyZone, states, “We are excited to join forces with the team at FilmTrack.  RoyaltyZone clients will enjoy increased resources and expertise in development, support, implementation, and operations. Together, we will innovate the best software solutions for managing and monetizing Intellectual Property.”

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About FilmTrack
For over two decades, FilmTrack has been recognized as the leading rights management solution for the media and entertainment industry. The company’s cloud-based platform streamlines the complex intellectual property lifecycle, providing the necessary tools to manage mission-critical data, including contracts, rights, financials, royalties, and related assets.

 

About RoyaltyZone
RoyaltyZone is a leading provider of web based software tools that enable licensors, agents, and licensees to manage license agreements, rights, products, invoices, and royalties with ease. Over 50 licensors and agents and thousands of licensees use RoyaltyZone to manage and grow their licensing business. To learn more, visit www.royaltyzone.com.

View the official press release, click here.