Allows for acquisition and licensing of titles in domestic and international markets for multiple right categories. All types of contracts are accommodated for such as Acquisitions and Productions, Sales, Sub-Distribution, 3rd Party agreements. Tracks all contract specifications including, but not limited to term, territory, fees, rights sold or acquired and all exclusions, exclusivities and holdback and blackout windows. Generates contractual paperwork for execution of agreements; invoicing of fees and advances by payment term; tracking of royalty statements; servicing of each title’s masters with in-built credit controls; monitors current availabilities and expiring rights.
- Event management
Comet automatically computes key dates, such as expiration of rights, invoice due dates, and holdback expirations from other dates. For example, if a license period expires 6 months from technical acceptance, Comet will look up the acceptance date to compute the expiration date. Only highlights the dates required to compute dependencies, dramatically reducing date entry effort. Users can enter the dates on-screen and Comet will populate the contracts in the right places and not prompt the user for these dates again.