Film, theater, music and television are great because, if only for a moment, they give people a reprieve from the ordinary. But the talented artists who produce these works are just that: people. Behind the scenes, they have to get paid. In these industries, there’s a complex web of residual payments—Blu-ray sales, syndication, use in commercials, you name it—that needs to be accounted for, from the performers to the writers and everyone in between.
Exactuals co-founders Mike Hurst (CEO) and Jason Hiller (CTO) have flipped the script on that complicated process. Having worked extensively with the major studios and guilds in the industry, in their former roles at a Fortune 500 software company, they’ve conducted thorough analysis on the industry’s payment pain points.