×
You will be redirected back to your article in seconds

Cannes: MTonomy Offers Sales Agents Blockchain-Based Rights Management System

Blockchain will make a Cannes comeback this year with Jack Dorsey-backed MTonomy pitching an “operating system for the world of film and TV rights.”

At the Cannes Film Festival, the company will be providing the technological backbone for the film sales operations of Los Angeles-based sales agent Indie Rights. It will also hold presentations of its rights management system. The software is currently available on an invitation-only basis.

The MTonomy system enables easy deal tracking, intuitive search for available rights, and secure hosting of feature films, series, and other content, to enable rapid delivery and simple management of assets. It is built on the Ethereum, platform one of the most widespread public blockchain platforms.

“By rethinking the infrastructure underlying rights management, MTonomy has permanently lightened the workload for rights holders. We empower studios, distributors, and sales agents to spend more time on what matters most, finding the best opportunities for their rights, cultivating relationships, and growing their business,” said MTonomy CEO Arjun Mendhi.

MTonomy was founded by a team from Massachusetts Institute of Technology, with advisors including Twitter and Square co-founder Dorsey. It already operates a cryptocurrency-based VoD application for consumers.

Indie Rights, run by Linda Nelson and Michael Madison, partners since 2000, is a small company that manages hundreds of film and TV titles. “After all these years, there’s finally a platform (MTonomy) that understands how we do business. Our turnaround time for avails has gone from days of sifting through spreadsheets and contracts to just a few seconds of tapping out a search.”

Popular on Variety

More Film

  • Sir Lionel Frost (left) voiced by

    Chris Butler Looks At The Magic Behind Animating 'Missing Link'

    Laika’s latest feature “Missing Link” raises the bar once again for the world of stop-motion, pushing boundaries in scope and visuals. The story of an unlikely friendship between Mr. Frost and his 8-foot yeti buddy Link is one of hope. “Missing Link” producer Arianne Sutner says the message of the film was to “leave people [...]

  • Jonah Hauer-King Prince Eric

    'Little Mermaid' Live-Action Movie Finds Its Prince Eric

    Jonah Hauer-King will soon be a part of the “Little Mermaid” world. The newcomer has been tapped to play Prince Eric in Disney’s live-action remake of the animated classic. At one point, Harry Styles was is in early talks for the role, but ended up passing. Hauer-King has had two screen tests, with the most [...]

  • Peter Caranicas

    Variety's Peter Caranicas to Receive 1st HPA Legacy Award

    Peter Caranicas Variety managing editor, features, will be honored with the first HPA Legacy Award. Caranicas joined Variety as features managing editor in 2008, and currently serves as both deputy editor and managing editor, features. He has developed the editorial franchises Dealmakers Impact Report, Hollywood’s New Leaders, Legal Impact Report and Business Managers Elite. Caranicas also [...]

  • Jack Ryan

    Richard Rutkowski on ‘Jack Ryan,’ Costa-Gavras and Being Nice Abroad

    TORUN, Poland – Speaking at the EnergaCamerimage Intl. Film Festival on Monday, Richard Rutkowski praised the work of Costa-Gavras, offered sage advice for filmmakers working internationally, and offered a glimpse of the fast-paced work faced by cinematographers on high-profile TV series. Rutkowski, whose credits include “Jack Ryan,” “Castle Rock” and “The Americans,” discussed the methods, [...]

  • 'Honeyland' DP on Low-Fi Shooting With

    'Honeyland' DP on Low-Fi Shooting With High-Powered Storytelling

    Filming the Sundance-awarded “Honeyland” in a remote North Macedonia locale without roads or electricity, it was easy to get lost, confesses cinematographer Fejmi Daut. “It was too hard to decide what would be the storyline in the beginning,” said the debut DP, speaking at the 27th EnergaCamerimage cinematography festival in Torun, Poland. The editing process [...]

  • Q A_Joker_Lawrence-Sher_CKK-Jordanki_fot-Maria-Kowalska_11

    'Joker’ Cinematographer on Joaquin Phoenix’s Transformative Performance

    TORUN, Poland – “Joker” cinematographer Lawrence Sher received a rockstar welcome at the EnergaCamerimage Intl. Film Festival on Monday as attendees struggled to squeeze into a standing-room only conference room for a lively and in-depth Q&A session on the making of the box office sensation. Sher appeared equally excited to be at the event. “Obviously [...]

  • Igor Drljaca, Agata Smoluch Del Sorbo

    Verve Signs 'Disappearance at Clifton Hill' Director Albert Shin (EXCLUSIVE)

    Verve has signed Albert Shin, the director of the buzzy new thriller “Disappearance at Clifton Hill,” Variety has learned. Distribution rights for the film were recently acquired by IFC Midnight and the movie is expected to open in February. “Disappearance at Clifton Hill” debuted at this year’s Toronto International Film Festival. It centers on a [...]

More From Our Brands

Access exclusive content