LicenseStream

About LicenseStream

LicenseStream, initially founded as ImageSpan in 2003, operates as a comprehensive platform for licensing and royalty payment automation. The company provides digital content owners with the tools to efficiently license, transact, and monitor their electronic media assets, including video, audio, images, and branded logos. The development of the system was led by Jeffrey Shear, a professional with over two decades of experience in application and systems development across intellectual property, media, and financial sectors.

The firm's business model is structured as a Software as a Service (SaaS) platform. It empowers content creators and owners to establish online storefronts to market their digital assets. A key function of the platform is its ability to calculate royalties, track the distribution of licensed content, and monitor usage, thereby providing a clear and manageable revenue stream. Furthermore, the system is designed to detect unauthorized use of content across the web and convert these instances into revenue opportunities for the content owner. This approach allows clients to maintain control over their brand assets while also expanding their market reach.

In a significant milestone, LicenseStream was acquired by Wright's Media on May 15, 2014. This acquisition was a strategic move for Wright's Media to solidify its leadership in the content licensing industry by integrating a fully automated platform into its offerings. The merger positioned Wright's Media to provide its publishing partners with a robust solution for managing content licensing transactions and implementation from end to end.