Description
On 6th May 2021, Big Couch, the parent company of FilmChain, rebranded to FilmChain Group to align the two entities under a single brand. FilmChain is a fintech solution that manages end-to-end financial transactions for the creative industries, including film, TV, and digital media. The platform transparently and efficiently collects, allocates, and analyzes revenues, ensuring funds flow directly from the point of sale to the rights holders. It operates as an automated, cloud-based collection service using a combination of smart contracts and trusted banking partners. Key features include legal support through a Collection Account Management Agreement (CAMA), visualization of recoupment schedules, real-time bank statements, fiat currency settlements, and machine learning insights for revenue analysis.