VersusMedia Announces Digital Signature Service For Film Licenses
No longer will the distance between a musician and a filmmaker prevent a song from being used in any level of film project
VersusMedia would like to announce the addition of its Digital Signature service which provides artists from around the world the ability to sign and seal legal licensing agreements electronically. VersusMedia's Digital Agreement signature service utilizes a new technology that allows individuals from around the world to legitimately sign and seal legal agreements online, called e-signatures, and then distribute copies to all parties involved for safe-keeping. This allows filmmakers and musicians the ability to work together globally without ever seeing each other in person.
VersusMedia's electronic technology has been authorized by the US government, and meets all required standards issued in the USA, Canada, Egypt, the European Union, Hong Kong, India, Japan, Australia, Singapore, South Korea, plus many more. It uses cryptosystems with open standards, high strength RSA 1024 bit Public Key Encryption along with 168-bit triple-DES symmetric encryption and 160-bit SHA-1 hashing, and can carry a seal of authenticity until the year 2099.
click to enlarge
From the first step to the last, the entire "Sign, Seal, and Deliver" process can take only a matter of hours to complete. The process starts with either a filmmaker or musician who must already be a current member of our site. They have the ability to request a signature from anyone, even those who are not currently members. Once both parties have digitally signed the legal agreement, our system generates a sealed PDF copy for the users' permanent records.
For most films, there are two distinct types of contract situations, and our system is capable of handling both. Option 1, which covers songs already recorded and mastered, handles both the Master License that grants the right to use a copy of the recording in a film, and Film Synchronization License that grants the right to use a song in timed relation to visual pictures, required to fully license a song for a film. Option 2, which covers original music composed for a film, is handled through a Composer agreement.
click to enlarge
As an added ability, musician members can now authorize us to license out entire songs directly through our website at a price they set. This allows a filmmaker to sample a low quality version of any song, and then purchase the film license directly through our website. Once both the filmmaker and the musician (who owns the rights to the song) sign a required digital agreement, the filmmaker will be sent a high quality version of the song to use in their film.
The key to this entire service is that as a provider, we have no end result connection to the agreements created. The license is generated directly between the filmmaker and the musician. This allows complete freedom to create and mold whatever is necessary to complete the films.
Currently, over 650 film music requests have been assisted to date through our services, and we hope that the addition of these new services will only make the unity between independent filmmaker and musician stronger.
VersusMedia gives clients access to all the tools and resources that major entertainment industry figures have, providing means and connections on a limited budget.
Related News from Mi2N:
» VersusMedia Announces Digital Signature Service For Film Licenses
» 13 Music Label Sold to MTN
» Darcus Beese Named President Of Island Records
» ASCAP Revenues Top $1.144 Billion In 2017
» BMG Appoints New Creative Directors In Nashville
» Live.me Launches Its First Live Musical Themed Content Series
News Beat Directory
» [2018-06-23] The 2018 MIDEM Silk Road International Music Alliance Signing; International Music Industries Signing Of A Mutual Resource Sharing Agreement With Shanghai Conservatory Of Music & The China Records Group
» [2018-06-06] Screen Music Connect To Explore The Music Of Film, Television And Interactive Media; Created By James Hannigan, Award-winning Composer And Game Music Connect Co-founder, Screen Music Connect Builds On The Success Of The Sold-out Game Music Conferences
» [2018-06-05] Fred Casimir To Develop BMG's Global Recordings Business; As Well As Building BMG's European Infrastructure, Casimir Was Instrumental In Developing BMG's Recordings Business
» [2018-06-03] 13 Music Label Sold To MTN; DSN Music Spins Off Record Label To Albuquerque Music Entrepreneur's New Group
» [2018-06-02] CISAC 2018 Annual Report; A Comprehensive Overview Of The Confederation's Work To Serve 4 Million Creators And 239 Authors Societies Across The World
» [2018-06-02] MusicDish Announces A Love Electric 2018 China Tour; The Tour Will Crisscross Through China With 12 Shows In 8 Cities, Including Guangzhou, Dongguan, Zhuhai, Shenzhen, Kunming, Jiaxin, Wuhan And Beijing
» [2018-06-02] Darcus Beese Named President Of Island Records; Renowned U.K. Music Executive To Join Universal Music Group's U.S. Label Leadership
» [2018-05-17] Avant-Garde Label Maybe Noise Launches In Beijing; The Official Launch Will Be On May 26 At Magnet Theater With A Performance Supporting Its First Vinyl Release: Píng Zè
» [2018-05-04] Award-Winning Lithuanian Rock Band Colours Of Bubbles "She Is The Darkness" 2018 China Tour; The Tour Will Kickoff In Shanghai Where The Band Will Represent Lithuania During The Country's Signing To The Silk Road Music Alliance
» [2018-05-01] Hollywood Heavyweights Launch New Christian Music Label; Their Debut Release, Firma Collective - Songs For Every Soul, Was Produced By Mgrdichian And Mixed By The Legendary Brian Reeves
» [2018-04-30] Pop Artist Ava King Releases New Single; Paris-born Ava King Decided To Move To Beijing Where She Wrote For One Of The Biggest Chinese Movie Production Companies, HuaYi Brothers
» [2018-04-27] NetEase Cloud Music Sign Distribution Partnership With B2 Music; Chinese Music Streaming Service To Release Billboard "Best Of Asia" Album Series
follow MusicDish on