Entertainment Contract Management

Entertainment and media companies are challenged with managing numerous contracts and highly negotiated agreements with complex terms creating operational challenges for each organization. Tracking the various terms required to ensure contract compliance while managing talent and third party relationships can be a daunting task.  

Most entertainment and media companies lack the ability to keep up with the complexities associated with these agreements because of system and human resource limitations. In the worst case, this may result in misunderstandings between contractual parties which could sever relationships and may bring about unanticipated and / or unwanted automatic renewals, unexpected price increases or missed discounts, miscalculated or late third party payments.

Unique to entertainment organizations like production companies, record labels, publishers, studios, athletic organization, fine arts, artist management and booking agencies,  Ncontracts E^® combines powerful cloud-based software with paralegal services, enabling them to quickly and accurately obtain details from centrally stored contracts and benefit from automated reminders for important provisions.  Ncontracts-E^® helps keep important contractual information like discounts, royalty payments, licensing terms, and pricing percentages organized and under control. Unlike most database software solutions which require clients to input all the data, Ncontracts E^® provides a dual paralegal review and implementation of each agreement to create a customized analysis based on categories selected by each client. This process results not only in a much higher degree of actionable data integrity, but also in substantial internal and external efficiencies and cost savings.

For additional information, contact Network Contract Solutions today at 888-552-5658 or request a personal Ncontracts E^® demonstration.