RightsLine Delivers Contract Management, Product Approval and Royalty Accounting Solution to 4Kids Entertainment
RightsLine, Inc. today announced that 4Kids Entertainment, Inc. (NYSE: KDE) has acquired RightsLine’s Enterprise Rights Management solution. 4Kids Entertainment is migrating off of an older contract licensing system that was not dynamic enough for their changing business needs. RightsLine is expected to allow 4Kids to manage all aspects of its licensing business including contracts, workflow, product approvals and royalties in a single, integrated system.
Los Angeles, CA (PRWEB) June 21, 2005 -- RightsLine, Inc. today announced
that 4Kids Entertainment, Inc. (NYSE: KDE) has acquired RightsLine’s Enterprise
Rights Management solution. 4Kids Entertainment is migrating off of an older
contract licensing system that was not dynamic enough for their changing
business needs. RightsLine is expected to allow 4Kids to manage all aspects of
its licensing business including contracts, workflow, product approvals and
royalties in a single, integrated system.
According to Joseph P. Garrity,
COO and CFO at 4Kids, “With RightsLine, we will have a single web enabled
application to reference all information about a contract RightsLine should
streamline the deal process and integrate with our contract imaging, digital
asset management and financial systems. ”
“By choosing the RightsLine
solution, 4Kids is building a competitive advantage in the marketplace”, said
Russell P. Reeder, Chairman and CEO, RightsLine, Inc. ”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 4 Kids
Entertainment
Headquartered in New York City with international offices in
London, 4Kids Entertainment, Inc.(NYSE: KDE) is a global provider of children's
entertainment and merchandise licensing. 4Kids, through its wholly owned
subsidiaries, provides domestic and international merchandise licensing;
television, film, music and home video production and distribution; media
planning and buying; product development; and Web site development. For further
information, please visit the Company's Web site at www.4KidsEntertainment.com.
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 http://www.rightsline.com/.
The names of actual companies and products mentioned herein may be the
trademarks of their respective owners.
For more information, press only:
Brian Deeley
RightsLine, Inc.
9100 Wilshire Boulevard, Suite
520E
Beverly Hills, California 90212
United States
Telephone +1 310 281
6494
Fax +1 310 281 6495
e-mail protected from spam bots
For more
information on RightsLine:
http://www.rightsline.com
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Source : http://www.prweb.com/releases/2005/6/prweb253392.htm