RIGHTSTRADE'S ON­LINE MAR­KET PLACES A HIT IN CANNES

Cannes Market News - - NEWS - LF

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.

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