EMI Music Selects RightsLine to Help Streamline the Company's Licensing Operations
EMI Music Selects RightsLine to Help Streamline the Company's Licensing Operations
LOS ANGELES, Nov. 1 /PRNewswire/ -- RightsLine, Inc., the leading provider of enterprise solutions for rights management, today announced that EMI Music North America went live with RightsLine software to streamline processes and improve the performance of its licensing business. RightsLine's software will give EMI real-time access to valuable business information that will streamline its licensing and clearance process, making it more efficient while also optimizing costs.
"By using RightsLine's software, EMI Music has more efficient and timely access to asset rights ownership information, content availability, deal activity status, and financial analysis," said Colin Finkelstein, CFO, EMI Music North America. "Furthermore, this will help us speed our clearance processes and increase our responsiveness to our licensing clients."
"EMI initially considered expanding its existing licensing system, but ultimately decided that was too risky and costly," said Mike Ballanco, senior vice president, Information Technology, EMI Music North America. "Only RightsLine provided us with a centralized, flexible system that could meet our regional needs."
"We are excited to work with EMI Music, a global leader in their market," said Russell P. Reeder, Chairman and CEO, RightsLine, Inc. "By selecting RightsLine, EMI clearly sees the opportunity to gain a competitive advantage in the marketplace while simultaneously improving the overall performance of their licensing business.
Over the last twenty years, companies have been implementing new enterprise software applications to streamline their financial, manufacturing, human resources and service processes. Now, companies recognize the next opportunity for major improvement in business performance comes from automating their intellectual property business processes by implementing a new type of enterprise software -- Enterprise Rights Management."
About EMI Music
EMI is the world's largest independent music company, operating directly in 50 countries. Its EMI Music division represents more than 1,000 artists spanning all musical tastes and genres. Its record labels include Angel, Astralwerks, Blue Note, Capitol, Capitol Nashville, EMI Classics, EMI CMG, EMI Records, EMI Televisa Music, Manhattan, Mute, Parlophone and Virgin.
About RightsLine
RightsLine, Inc. is a leading provider of business applications software, enabling companies to increase revenue and lower operating cost from licensing content, trademarks, and copyrights. In a time when shareholders are pushing management to do more with less, RightsLine provides the first software solution focused on increasing revenue from intellectual property while driving down overhead costs. From automating licensing and sales divisions to improving financial accountability, RightsLine provides a proven set of rights management, licensing and royalty products, allowing our customers to increase revenue, satisfy compliance requirements and improve efficiencies.
For more information about RightsLine, please visit us on the web at www.rightsline.com.
(C)2005 RightsLine, Inc. All Rights Reserved. RightsLine is a trademark of RightsLine, Inc. All other products and brand names may be trademarks or registered trademarks of their respective owners.
Source: RightsLine, Inc.
CONTACT: Brian Deeley of RightsLine, Inc., +1-310-281-6494,
bdeeley@rightsline.com
Web site: http://www.rightsline.com/
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