SOURCE: Fadel

FADEL

April 13, 2016 10:34 ET

FADEL Launches Rights and Royalties Management Solution for Broadcast

Capabilities Will Be Showcased at the NAB Show, April 16-21, Las Vegas

NEW YORK, NY --(Marketwired - April 13, 2016) - FADEL, a leading provider of cloud-based intellectual property (IP) rights and royalty management software, is unveiling a solution specially tailored for the broadcast industry at the National Association of Broadcasters (NAB) Show, April 16-21 in Las Vegas. The solution is designed to manage and monetize media content with the ever-growing complexity of its rights, permissions and royalty terms coming from today's blended linear and non-linear programming models. 

Content creators and distributors such as TV stations, networks, cable providers and online platforms all face a similar struggle -- how to track and manage content rights, avails, royalties and payments as non-linear, digital and OTT content prevails. Rights and royalty terms are significantly more complex, and contracts and rights information is scattered across business units, multiple systems, spreadsheets and documents. The result is a massive business disruption leading to operational inefficiencies, no clear view of the overall rights picture, and little insight into the total cost of content or the value it's providing.

Previous solutions available to broadcasters were built for traditional, linear licensing, which typically commands flat fees and relatively simple usage terms for content rights. With the new complexities, many organizations attempt to adapt by squeezing intricate rights models into metadata fields in their media asset management and scheduling systems and piecing together data from various platforms and spreadsheets -- but this solution doesn't scale. 

FADEL's rights management for broadcast software leverages its proven IP management technology -- used by many of the largest media brands in the world -- to handle multidimensional rights and layered payment terms. The solution can be used standalone or integrated with multiple broadcast systems, seamlessly tying rights and royalties in with other essential operations including content acquisition, production, media management, scheduling and distribution. FADEL's IP management software also ties into leading enterprise financial and analytics platforms such as IBM Watson Analytics and Cognos to provide full visibility into cost and performance data, enabling broadcasters to make informed decisions about the how, what, when and where of distribution to increase content value.

"Large broad­casters and studios are forecasting a decrease in revenue because viewers are flocking to services like Netflix, Hulu, and Amazon Prime to watch on demand," said Tarek Fadel (@FadelTarek), Founder and CEO of FADEL. "Working with global broadcasters, media companies and software vendors, we have developed game changing broadcast rights management functionality designed for today's digital era that will help televi­sion stations and broadcasters jump on the OTT distribution plays."

FADEL will demonstrate its integration with IBM's Watson Analytics and Cognos TM1 predictive and financial planning software at the IBM booth 3305 in the South Hall, Lower level, at this week's NAB Show at the Las Vegas Convention Center. At the same time, in the North Hall, booth 4225, FADEL representatives will be showcasing how FADEL Asset Rights Clearance (ARC) extends TMD's digital and media asset manager with the ability to verify and clear rights based on contract information.

About FADEL

FADEL is a provider of cloud-based Intellectual Property Rights and Royalty Management software for Media, Entertainment, Publishing, High Tech and Broadcast. Built on a robust and adaptable architecture, FADEL IP Management software has been recognized for its end-to-end capabilities across the IP licensing lifecycle -- from negotiation to payment. The trusted authority for the tracking and monetization of intellectual property usage, FADEL enables businesses to verify, capture and manage rights and royalties for their IP assets through its portfolio of software and expert services. Founded in 2003, FADEL is headquartered in Rye, New York, and also operates offices in New York City, Los Angeles, London, and Lebanon. For more information, visit www.fadel.com.

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