Compact Media Group, growing its work in secondary TV and film rights, has tapped industry vet Elissa Rosen as accounts manager for its Los Angeles office.
Rosen has worked for four years as a rights administrator at IFTA Collections along with stints at Warner Bros. and Cartoon Network. She will be working on increasing collections for Compact’s 300 clients along with signing new clients.
Move comes 18 months after London-based Compact launched in L.A. to give companies a means to collect royalties for U.S. producers arising from foreign telecasts and other exploitation of copyrighted material.
Compact execs estimated that it distributed more than $23 million to clients in the fourth quarter of 2009.
U.S. clients include National Geographic, Discovery Communications, A&E Networks, Lakeshore Entertainment, Jim Henson Prods. and Carsey-Werner. New clients signed since the L.A. office launched include Echo Bridge, Mark Burnett Prods. and Voltage Pictures.
Reny Montesinos, exec director of the L.A. office, noted that the secondary rights field has become increasingly competitive as producing funding becomes tighter. “In today’s financial climate these rights have proved to be a welcome revenue source that increasingly plays a more important role,” he added.
Montesinos notes that the royalties available from territories aren’t standardized, but added that the funds are generally available to rights holders for three years after the use of programs.