Backup Media Group, the Paris-based production/financing banner behind Eugene Jarecki’s Cannes-bound “Promised Land,” is taking MovieChainer, its three-year old cloud-based app for right-holders, to the next level with new features and an expanded client list.
Among the high-profile new clients on MovieChainer’s roster is Fintage House BV, a leading independent film and TV rights management firm in charge of giving revenue shares from film or television productions to producers, financiers and profit participants.
Philippine Roy, who handles customer relationship for MovieChainer, said getting Fintage House BV on board marked a milestone for the startup. “This partnership with Fintage House underscores MovieChainer’s ability to handle complex and diverse revenue sharing models,” Roy argued.
Designed and launched by Backup Media Group in 2015, MovieChainer allows right-holders to model and track the legal and financial structure of their content. The app was initially dedicated to movie professionals and has now broadened its scope to cater to audiovisual and digital production outfits such as Endemol Group and Bonne Pioche.
“Adapting MovieChainer to our constantly-evolving industry is vital and we’ve had to ensure the App is fully fledged to cater for deals with global non-linear players like Netflix and Amazon,” explained Roy, who also pointed out MovieChainer could process a complex waterfall structure for individual episodes of a given series.
MovieChainer is also now able to run companies’s workflow via new features such as the multi-user management and electronic signature approvals and can connect with outfits’ s accountancy and customer relations tools.
MovieChainer’s rolodex now comprises over 300 accounts and manages 1,667 titles, 16,947 rights holders and 57,386 contracts.
Co-founded by film producers Baptiste Babin, Joel Thibout and David Atlan-Jackson, Backup Media launched Moviechainer with the idea of making the lives of filmmakers, producers, sales agents and distributors easier.
“With so many new players entering the markets, rights management is becoming more challenging in the context of new VOD/SVOD and exclusive/non exclusive multi-territory deals; so our ultimate goal is to give right-holders the ability to perform quick and accurate revenue simulations and keep track of their revenue shares every step of the way,” said Babin.