Qwire (qwire.com), creator of SaaS software to streamline royalty reporting and licensing for music-for-picture, has received over $2 million in additional funding from current and new investors. This will expand the New York and Los Angeles-based company’s sales efforts and accelerate development and enhancement of its cue sheet reporting tools.
“This new investment demonstrates investors’ confidence in Qwire and in our software’s ability to transform music post production and royalty reporting,” said founder and CEO Scott Freiman. “This funding will allow us to take the company to the next level, as we continue to license qwireClear to major film/TV studios, and we bring our next-generation cue sheet management and reporting software – qwireCue – to market.”
Jerry Labowitz, former Director of Equities Research for the Americas for Merrill Lynch, agreed: “Qwire is seeing interest from a large and growing range of companies in the music-for-media business. I was happy to participate in the growth of this innovative company and their transformative software tools.”
Some features of this platform innovating program:
Sort and constrain cue sheets by project (e.g. film, TV series), air date, status, assignee, and more. Find any cue by song name, writer, or publisher. Assign cue sheets to specific users or even other studios. Customize dashboard with real-time reports.
CUE SHEET CREATION
Create a cue sheet from almost any spreadsheet format. Easily create cue sheets for new episodes of a TV series. Duplicate cue sheets to create new versions for alternate territories.
CUE SHEET EDITING
Easily add, edit, and delete cues. Create writer/publisher “favorites” and assign them to multiple cues with a single click. Add video and jump to specific timecode when clicking on a cue. Rearrange cues. Find and replace cue sheet information within a single cue sheet or across multiple cue sheets.
INTEGRATION WITH QWIRETRACKS
Search for a song in QwireTracks, Qwire’s music rights and metadata database, and instantly add it to a cue sheet. Retrieve master, sync, and writer information along with PRO affiliations and splits. View album art, lyrics, ISWC codes, and more (when available).
CUE SHEET SUBMISSION
Submit cue sheets electronically to supported PROs. Send PDFS or spreadsheets to non-supported PROs. Send copies of cue sheets to publishers or other interested parties.
Choose from numerous real-time reports to generate, print, or export. Specify date ranges, filters, and sorting criteria. Analyze cues and cue sheets, PRO market share, songs by publisher or writer, cue sheet elapsed time, and much more.
SECURITY AND AUDITING
Create user roles to grant or deny access to every features in the application. Integrates with studio-accepted single-sign on systems. Audit logs can be easily reviewed by authorized administrators. Time-, date-, user-, and IP-stamping of every activity. Adheres to MPAA best practices.
qwireCue is hosted by Amazon Web Services. The application works with all modern browsers on Macs and PCs.
The most advanced solution for music clearance and licensing
qwireClear puts everything you need to clear and license music at your fingertips, giving you instant access to rights information, budgets, and clearance status while streamlining and automating letter generation and reporting.
Qwire creates collaborative, cloud-based software that addresses significant problems with music licensing and royalty reporting common to companies working with music-for-picture, including some of the largest media companies in the world — film/TV studios, trailer houses, video game development companies, advertising agencies, and professional sports networks — as well as rights holders (e.g. music labels and music publishers) and Performance Rights Organizations.
For more information, visit www.qwire.com.