Fintage House To Accept Crypto For Entertainment Rights Transactions

News, Now Accepting | November 13, 2018 By:

Fintage House, a Netherlands-based rights management company, has teamed with blockchain social entertainment platform TaTaTu to start accepting cryptocurrency for entertainment rights transactions.

Established in 1986, Fintage House specializes in the collection and management of music publishing rights and neighboring rights for record labels and artists; and offers royalty income collection services. It also offers film and television solutions, including international film licensing, collection account management, and audiovisual producer rights solutions, as well as revenue collection services for the audiovisual industry.

Founded earlier this year by Hollywood film producer Andrea Iervolino, TaTaTu is a blockchain tokenized entertainment platform that enables users to receive crypto rewards for watching movies, television episodes and other forms of content, and receive additional rewards from their friends’ viewing. In June of this year, TaTaTu raised $575 million in a private sale of its TTU Token, which is currently listed on several crypto exchanges, including HitBTC, ABCC, and Liquid.

The partnership will enable Fintage House to accept TTU Tokens for film and television rights transactions.

“We are thrilled to see the entertainment business community embrace TaTaTu and the TTU Tokens that can now be utilized for transparent, highly efficient deal-making on any transaction,” Iervolino said. “Fintage House provides essential services to the global content business sector and has always been innovative in growing its vital services.”

Niels Teves, co-CEO of Fintage House, said that they welcome the innovative spirit of the TaTaTu platform and are hoping for a successful implementation.

“Soon we expect to start drafting the first agreements where we shall be accounting and paying out in TTU Tokens, whereby through the appropriate platforms the tokens could be exchanged in fiat currency,” Teves said.

TaTaTu’s partnership with Fintage House came after the company announced that it is working with American actor Johnny Depp to develop and produce film and digital content together. Their first joint project is the feature film adaptation of J.M. Coetzee’s acclaimed novel “Waiting For The Barbarians,” starring Depp, Mark Rylance and Robert Pattinson.