Plutus Enterprises’ Digital Media Solutions Team Once Again Enables Studio to Monetize Assets
Los Angeles, CA (PRWEB) March 10, 2006 - Plutus Enterprises successfully launched the first release of a Music Management Solution for a Major Entertainment Studio. As one of the largest producers and distributors of filmed entertainment (feature films, television, and videos), the studio required an Integrated Enterprise Solution for managing its music services organizations. The first phase included architecting and developing a custom J2EE solution for managing music publishing requests. “The ability to repurpose digital music assets created for Film and Television is important when seeking cost savings and revenue generating opportunities at the studio”, said, Gerald Abrahamian, Plutus Enterprises Media and Entertainment Practice Director. “Through our analysis, it became clear that a system capable of digitizing the quote process, managing asset information, and providing for an enterprise-wide solution was critical to promoting and exploiting existing music assets.” Managing publishing requests is a complex business challenge because of the nature of the industry, ownership rights, and the way in which fees are negotiated.
Utilizing its proven model, Plutus Enterprises helped the studio identify strategic revenue opportunities within Music Services. After a rigorous evaluation of the studio’s music operations for film and television, Plutus Enterprises focused on deploying a strong foundation upon which the studio could build out the remaining functionality. The Phase I solution will support a single integrated solution for both Film and Television Music Services departments. The Music Management Solution is a fully web-enabled application that provides for a digitized approach to manage publishing requests, contact and organization management, and asset meta-data management. Plutus Enterprises is currently working on the next phase of the project, which will expand upon the asset meta-data components. Phase II will provide a robust solution for third party music clearance process management, music license management, rights management, revenue management, and provide visibility to Executive Management, Business Affairs, and Business Development departments throughout the studio.
“Increasing consumer appetite for content through iPods, VOD, Mobile and other digital distribution formats requires studios to invest in solutions that will help them manage new media based on the historically complex business processes and models that are not suitable for the digital evolution” Abrahamian said. ”Digital Media Solutions team was able to identify music as just one area in which the business complexity requires automation in order to manage and handle the swell of activity that surrounds us. Plutus is very active in helping Media and Entertainment companies manage the increasing volume and complexity of new partnerships and digital distribution channels not found in traditional media distribution.”
About Plutus Enterprises
Plutus Enterprises is a leading provider of consulting services to Global 1000 clients. Since its inception in 1991, the company has successfully embodied its cornerstone philosophy of building long-term client relationships through dutiful service and the delivery of quantifiable results. By combining deep expertise in both business processes and applied technology, Plutus consultants deliver high-value business application solutions across a variety of industries. To find out more about the company, please visit http://www.plutus.com.
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