May 14, 2024
At the 2024 Cannes Film Festival, Freeway Entertainment and Cascade8 have joined forces to offer an innovative royalty and revenue management solution: Blockframes. This partnership combines the strengths of two industry leaders—Freeway’s expertise in financial reporting and revenue sharing with Cascade8’s cutting-edge technology for film and TV production.
Freeway Entertainment, a global leader in Collection Account Management (CAM), brings its 20+ years of experience in handling complex financial reporting and revenue distribution to the partnership. Cascade8, known for its pioneering work in blockchain and web3 solutions for the audiovisual sector, enhances this offering with its advanced technology platform. Together, they deliver a powerful tool for producers to streamline royalty reporting, ensure compliance with regulations like the DSM Directive, and maintain transparency with stakeholders.
By combining financial management expertise with blockchain-driven innovation, Freeway Entertainment and Cascade8 are setting a new standard for royalty management in the film industry. This partnership provides producers with the tools they need to manage revenues efficiently, while fostering trust with co-producers, financiers, and talent.