IFC Films To Use Hollywood Software’s ASP Service For Film Distribution
Hollywood Software, Inc., the premier developer of innovative software solutions and services for the entertainment industry, today announces that IFC Films is the latest independent film distributor to select its innovative ASP Service to manage its theatrical film releases. Hollywood Software’s ASP Service allows distributors, such as IFC, to access its powerful TDS2000 film distribution system, via the Internet. Hollywood Software is the industry leading provider of robust business applications for the entertainment industry and TDS2000 is the industry standard for domestic film distribution systems, having administered over 50% of the domestic box office activity since 1999 through distributors such as Artisan Entertainment, 20th Century Fox, Lions Gate Entertainment, Paramount Pictures and Universal Pictures. IFC Films is the theatrical distribution arm of IFC Entertainment, the feature film division of The Independent Film Channel.
Like HS’ other ASP clients, Shooting Gallery, First Look Pictures/Overseas Film Group and Providence Entertainment, IFC Films will have secured online access to the TDS2000 system running on Hollywood Software’s own servers, which it will access to book theaters, manage film prints, shipping, billing, settlements, cash receipts, comparative box office performance data, customer statements and financial reporting. By outsourcing the technical aspects of film distribution, IFC Films will minimize MIS costs, while ensuring around-the-clock system maintenance, regular software enhancements, performance tuning and disaster recovery. Also, as an ASP customer, IFC Films will not have to managing a theater master database, which must be constantly updated to remain in sync with the ever-changing exhibition landscape.
“As the film business becomes more complex and competitive, film distributors of all sizes must balance their need for increased vision and analysis of their businesses with the constant pressure to lower costs,” says David Gajda, Chief Executive Officer of Hollywood Software. “Our TDS2000 ASP Service provides both unprecedented access to critical business data and significant operational efficiencies. As we continue to expand the scope of TDS2000 to encompass international distribution and develop integrated solutions for exhibition in anticipation of digital delivery, we fully expect that this ASP Service option will be increasingly attractive to distributors of all sizes, including the major studios. We are thrilled to be working with IFC Films and look forward to helping them grow their business.”
“When we were formulating our business plans regarding theatrical distribution we immediately called Hollywood Software. It is rare that a software vendor provides such functionality and value. Says Bob Berney , (Sr. VP Marketing and Distribution for IFC Films). Furthermore, Rob Schwartz (VP Marketing and Distribution for IFC Films) adds, “the decision process wasn’t too difficult, if you’re going to be in the theatrical business today, you want to be signed up for the marketplace that Hollywood Software is building through their theatrical distribution and exhibition systems.”
About Hollywood Software
Hollywood Software, Inc. specializes in mission-critical applications for the entertainment industry. Hollywood Software provides very large to very small distributors, exhibitors and licensors of movies, TV shows and Internet content with robust business solutions designed to streamline today’s business and address the needs of the emerging digital marketplace. Hollywood Software’s unique solutions are designed to integrate business partners and electronically exchange vital information. Other HS products include the rights management and administration system, RightsMart Backoffice and the business-to-business Internet portals, TheatricalDistribution.com and RightsMart.com, which seek to bring buyers and sellers of theatrical and other entertainment product rights together over the Internet.
About IFC Films
IFC Films is a one-year-old theatrical film distribution company that is currently releasing director Jim McKay's critically acclaimed "Our Song." Upcoming titles include "Together," a new comedy from acclaimed Swedish director Lukas Moodysson; "Happy Accidents," starring Marisa Tomei and Vincent D'Onofrio, set to be released August 2001; the Sundance favorites "Jump Tomorrow" and "Go Tigers!;" and "The Business of Strangers" starring Stockard Channing and Julia Stiles. Other recent acquisitions also include Jesse Peretz' semi-improvisational comedy "The Chateau" starring Paul Rudd; Jordan Melamed's directorial debut "Manic," starring Don Cheadle and Joseph Gordon-Levitt; and Alfonso Cuaron's erotic coming of age story "Y Tu Mama Tambien.
For additional information, please contact Hollywood Software, Inc., 1604 N. Cahuenga Blvd. Suite 115, Hollywood, CA 90028. Phone: (323) 463-2144. FAX: (323) 463-1319. Email: info@hollywoodsoftware.com or david_gajda@hollywoodsoftware.com. Web sites: www.hollywoodsoftware.com, www.theatricaldistribution.com, and www.Rightsmart.com.
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