Automatically Parsed Royaltiestm
Automatically Parsed Royalties are royalties received on behalf of the Licensee of a motion picture and automatically parsed through wire-transfers directly to the bank accounts of the various principles responsible for financing and producing a given project. This new paradigm of distributing motion pictures turns today's paradigm on its head.
The below chart is a suggested sample of what appears in a Distribution Agreement with Automatically Parsed Royalties. The indicated percentages must add up to 100 % and include a distribution fee of no more than 25%.
Person, Company or Entity % Royalty Bank Name ABA - Account No. Producer Unit Development Investors Production Investors Writer(s) Director Stars Distribution 25% First Union 031201467-2050176519999
Suggested gross participations are as follows: Producer Unit 25%, Development Investors 5%, Production Investors 20%, Writer(s) 5%, Director 5%, Stars 15%, Distribution 25%.
When such a distribution agreement is submitted as a web form, all parties are assured of being simultaneously paid out of gross proceeds of Internet distribution with no "creative accounting." This is new paradigm of distribution has been piloted by Matrixx Internet Distribution and is offered to the film and investor communities in the hope that once again "film investments" will be considered synonymous with "great investments".
| Mission Statement |
| What's New | Overview | Virtual Studio |
| Bookstore | Professional Services | Useful Information |
| Employment | In-Development | Script Submissions |
| Script Reading | Website Development | Non-Linear Editing |
| Film Distribution | Discussion Den | Contact MEC |
| Lee Garmes Cinema Institute |
tm & © 1996 - 2007 by Matrixx Entertainment Corporation ("MEC") d\b\a Matrixx Internet Distribution ("MID")
ALL RIGHTS RESERVED
The terms and phrases "Home Video Network," "Pay-per-view.com," "Movies-on-Demand," "Automatically Parced Royalties," "The World's First Internet Distribution Company for Video-on-Demand™ as well as this "Distribution Agreement" and the business process described and used herewith, are trademarks of MEC, a Delaware corporation. This business process and Distribution Agreement may not be copied, in full or in part, or used without express written permission from the copyright owner.
© 1996 - 2007 Matrixx Entertainment Corporation ("MEC") The structure, layout, functionality and buttons (including, but not limited to, those labled as "Bandwidth," "Compression," Frame Rate," Max Filesize," "Colors," "Sound," "Advertising Level," "Language," "Download Time," "Start Screening at") along with the buttons option contents (as found on the left- and right-hand frames menus of the Home Video Network and Pay-per-view.com menus) constitute a proprietary business methodology/plan and common law service marks owned by MEC.
MID was founded on February 15, 1996.