RIGHTSTRADE'S ONLINE MARKET PLACES A HIT IN CANNES
RIGHTSTRADE, THE LEADING online global marketplace for film and television rights, has been in Cannes signing new clients, and talking up the entertainment industry’s first ever cloud-based solution for content owners, sales agents and distributors to securely negotiate and e-sign distribution licensing agreements. So far at the market, it has closed deals with Lakeshore Entertainment, The Solution Entertainment Group, QED International, GFM and Arclight. Other recent signings include Altitude Films, Inception Media, Mongrel Media, and Electric Entertainment. “The addition of these leading sales agents immediately adds over 200 high quality titles to the RightsTrade marketplace. The velocity with which we are adding new clients, as well as last month’s recognition by MIPTV as “Best B2B Startup in the TV and Online Video Industry” are terrific validation that the market has embraced RightsTrade’s next-generation toolkit for content licensing. We are looking forward to speeding up the steps in the licensing process from screening to signature, so that our clients can close more deals, faster,” said RightsTrade CEO Steven Polster. From sending and tracking secure screeners to streamlining deals, “RightsTrade has the potential to become the Airbnb of content licensing,” said Lisa Wilson, Co-founder and Partner of The Solution Entertainment Group. “We are looking forward to making the most of their powerful platform to boost our sales.” RightsTrade offers the only cloud-based Saas platform to streamline the complex process of licensing rights, from searching available rights, to securely screen content and now with the unique DealWizard technology, buyers and sellers can negotiate, close and e-sign licensing deals anytime, anyplace. RightsTrade hosts the industry’s largest database of rights availabilities, which accredited buyers use to find distribution rights and connect with sellers. The RightsTrade’s platform has over 6,000 industry buyers reviewing more than 2,000 high-end film and TV titles from over 200 registered sales companies and content owners, including Sierra Affinity, Voltage Pictures, Fortissimo and GK Films. RightsTrade has increased the speed and efficiency of generating deals including facilitating over 45,000 secure B2B screenings of film and TV programming to aid the sales process. “RightsTrade is a remarkable selling tool, that enables us to do our job, faster, more efficiently and with the confidence of security,” said Clay Epstein, SVP Sales & Acquisition of Arclight Films.