Blockchain: The Next Evolution in Entertainment and Media Financial Management
CAN WE MANAGE LICENSE FEE PAYMENTS IN A BETTER WAY?
The answer is YES. Much better. The technology is ready now.
Breaker is a payment verification and management service that leverages, for the first time, the unique benefits of blockchain and Smart Contracts. We are the clear industry leader in providing content owners with total transparency and speed for license fee payment processing – a drastic improvement over the decades old, opaque and manual method that costs organizations millions in underpayments, professional service provider expense and accounting work and valuable data.
Let us walk you through how this works and how you can bring millions of dollars of value to your organization.
Breaker’s License Fee Management Technology
HOW IS THIS NEW LICENSE FEE MANAGEMENT SYSTEM SUPERIOR TO THE LEGACY METHOD?
1. INCREASED REVENUES
2. REDUCED EXPENSES
3. CLEARER DATA
When revenue-generating events are reported by Distributors opaquely and via “the honor system,” errors frequently occur and your company collects less than what it is owed, months later.
This can be millions.
Get paid correctly and instantly.
Save millions of dollars.and sharpen your business plans. Managing and following up on remittances, discrepancies, post-period adjustments, system training and, ultimately, the verification and audit cycle, is laborious and expensive.
Now, finance talent can focus on analytics and growth planning, and total cost of management is lower.
It all starts with a demonstration of the system. Join the many other companies educating themselves and testing how blockchain can be used to move into the future!
Frequently Asked Questions
A blockchain is a digital record of information. Public blockchains use a chain of cryptographically secured blocks to create a tamper-proof record of transactions. The value of a blockchain is the certainty of the network: participants can establish a trusted and immutable record of transactions without the need for trusted intermediaries. Agreements are embedded in the code so that transactions automatically execute.
These digital agreements are called “smart contracts.,” which are automated programs intended to digitally facilitate, verify, and/or enforce the terms of a contract, in real-time, and to each participant. Blockchain technology is ushering in a more efficient and secure global payment infrastructure.
Breaker is the leading blockchain development and services company in the Media & Entertainment industry. We are comprised of software engineers, filmmakers, content distribution attorneys, finance managers and a media license fee auditor. We’ve been pioneering Smart Contracts for royalty and licensing disbursements since 2017 when we created the first Ethereum API and the first ever successful multi-smart contract system. Breaker’s technology has already deployed smart contracts for hundreds of content owners.
Scheduling a demo with one of our specialists will offer a unique opportunity to get a better understanding of our platform’s features and how our tools can be applied to your enterprise.
To schedule a demo, simply click the following link to submit your contact information and we will be in touch shortly. Click Here To Schedule A Demo