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Hence the need for r.ai. Thank you to SAG-AFTRA National Executive Director David White for his vision on this critical member resource and to our staff who have worked so hard to make this vision real for our members every day.”, “This year has offered multiple challenges for our industry, from COVID-19 to postal service delays and the catastrophic wildfires up and down the West Coast,” said SAG-AFTRA National Director David White. “Studios and payroll companies are also seeing significant cost savings and increased efficiency as the industry moves to a paperless payment ecosystem. We thank our terrific partners at Exactuals, who have made the process seamless.”, “City National has a long history of serving the entertainment industry, and direct deposit of residual payments is the latest example of our commitment to provide clients better, faster and more efficient service,” said Kelly Coffey, chief executive officer of City National Bank, which acquired Exactuals in 2018. Deposit products and services are provided by City National Bank Member FDIC. All Rights Reserved. CTRL + SPACE for auto-complete. Equal Housing Lender For publishers, Exactuals argues that r.ai is the best way to track rights across a huge catalog of music and for labels it’s an easy way to provide services like Apple and Spotify with the information they’re now demanding, Hurst said. As companies like Apple and Spotify demand better information from labels about the songs they’re pushing to streaming services, companies are scrambling to clean up their data and provide proper attribution. Exactuals provides an innovative SaaS platform used by film/TV, music, and marketplace companies to manage residuals, royalties, and other complex payments for thousands of payees. Chris McMurtry, the head of music product at Exactuals explained it like this. Cary Walker, (213) 673-7615 The technology is “an open api based on machine learning that matches disparate data sources to clean and enhance it so rights holders can get paid and attribution happens,” says McMurtry. Exactuals is an RBC company and a wholly owned subsidiary of City National Bank Member FDIC. Exactuals has 73 employees across 2 locations and $20.60 m in total funding,. City National Bank is a subsidiary of Royal Bank of Canada Online. SAG AFTRA members are the faces and voices that entertain and inform America and the world. See insights on Exactuals including office locations, competitors, revenue, financials, executives, subsidiaries and more at … “Ensuring consistent and rapid payment is a core function of the union, and direct deposit guarantees members get paid efficiently and securely, no matter where they are. Exactuals is an ideal partner for us. NMLSR ID# 536994. Recognizing clear rights ownership information is a central issue for accurate licensing and ultimately payment, the company recently introduced RAI, a software development kit and open API, which programmatically improves IP metadata. Visit SAG-AFTRA online at sagaftra.org. We couldn't have scaled so seamlessly without them. City National and Exactuals are proud to work with SAG-AFTRA on this landmark process.”. 3…, Fetchr – From Unicorn Dreams to Collapse Fears, Audi proves two little screens are better than one big screen, Decade in review: Trends in seed- and early-stage funding, Music comes into life: Samsung Galaxy Buds Live, Moshi Avanti LT Review – Headphones with Class, Sharjah Public Libraries offers Free Access to 6 million Digital Books…, Analytical Thinking: What is It and How You Can Develop Your…, Just because it’s legal, it doesn’t mean it’s right, “But First Coffee” – Esperta does Justice to its name, Here are the five Startup Battlefield finalists at Disrupt Berlin, 5 Steps to Find the Best SEO Agency for Your Business. For some performers, residuals have been a lifeline, allowing them to weather these unprecedented times, while having payments securely deposited. A proud affiliate of the AFL-CIO, SAG-AFTRA has national offices in Los Angeles and New York and local offices nationwide representing members working together to secure the strongest protections for entertainment and media artists into the 21st century and beyond. Exactuals, founded in 2011, is a Software as a Service (SaaS) company modernizing the way the entertainment industry makes payments, including residuals, royalties, marketplace payments, and similarly complex transactions.
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