Krems, Austria – Today OFFICER solutions announced the release of Fox 1.0, a new addition to their software line of royalty applications for entertainment companies. Fox 1.0 easily transforms huge sales reports for content sold on the internet into detailed royalty statements for artists, musicians and other right holders.
The software plays nicely with any digitally sellable asset, like books, apps, stock photos, fonts, games and films and has been optimized for the use at independent record labels. Catalog data and sales can be easily imported for royalty processing. The software supports any currency (incoming & outgoing) and royalty statements can be issued as PDFs, CSV and Excel files in english or any other, user-definable language.
“The music industry has transformed tremendously in the past years. Streaming music over services like Apple Music, Spotify and Youtube has become the main driver for income and officially surpassed physical and download sales in 2016” says Rudolf Chelbea, founder and CEO of OFFICER solutions. “While consumers profit from great offers and affordable pricing models for their music and movie enjoyment, the companies behind the content are having trouble to keep pace with the growing amount of big data. Hundreds of thousands of sales lines with values around $0.003 or less have to be analyzed, identified, resulting royalties calculated and paid to the original artist. That’s a tough task without a suitable software.”
It is a not so well-known fact that 70% of the music world wide is released by smaller, independent record labels. Unfortunately, the growing amount of data does not scale proportionally with the income of these companies and consequently, they can not afford huge royalty applications that cost ten thousands of dollars. OFFICER solutions has developed Fox 1.0 to solve this dilemma by offering an affordable royalty software for smaller companies.
Fox 1.0 is a real, installable software application for Macintosh(R) and Windows(R) computers, based on the newest FileMaker(R) Pro 15 platform. It is available as a timely unrestricted license for a one-time fee or as a monthly subscription. A special, low priced startup package is available for newcomers to enable them with a professional accounting tool for their digital sales at an early stage. More and extensive information is available on the company website.
OFFICER Solutions was born in 1996. Since 2004 they deploy royalty solutions to a growing international user base. Their customers are located in the Americas, Europe and Asia. Among the thousands of artists and right holders that received royalty statements through the company’s software, are: Danko Jones, Ritchie Hawtin, Patricia Kaas, Lordi, Accept, Fox entertainment, Universal Music, Sony Entertainment and many others. OFFICER solutions cultivates personal relationships with their user base and customers have a direct influence on the company’s developments. OFFICER solutions’ first software was rewarded in 1998 by the German Ministry Of Education & Research as one of the top 5 business ideas in a national call. In 2004, the company won a 100K EUR funding from the Vienna Business Agency in Austria, to start their international business. OFFICER solutions is a proud FileMaker(R) Business Alliance member since 1998. FileMaker is a trademark of FileMaker, Inc., registered in the U.S.and other countries. Macintosh is a trademark of Apple Inc., registered in the U.S. and other countries. Windows is a trademark of Microsoft Corporation, registered in the U.S. and other countries.Click here for reuse options!
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