FADEL Partners, Inc., a developer of cloud-based brand compliance and rights and royalty management software, has announced two new contract wins in Europe and the USA. The company has secured a new IPM Suite client, Sanoma, a major European education publisher, with a total contract value of approximately $1.5 million over a minimum three-year term. Sanoma will integrate the IPM Suite Platform to manage their financial obligations, automate royalty payments, and strengthen publisher-to-author relations.
The second contract, valued at $0.2 million, is with one of the world's largest manufacturers of audio equipment. FADEL will deliver its Brand Vision Rights Cloud and Content Tracking capability, replacing manual and paper-based processes for managing the client's talent and rights covering over 9000 assets.
Tarek Fadel, Chief Executive Officer of FADEL, expressed excitement about the contract wins, highlighting the value of their core cloud-based IPM Suite offering and the momentum in their Brand Vision SaaS-based offerings. He emphasized the tailored nature of IPM Suite to meet the complex needs of modern media and publishing groups and the compelling pay-back for major brands through managing and tracking their marketing content and usage rights with FADEL's software.
FADEL Partners, Inc. is known for its cloud-based brand compliance and rights and royalty management software, working with leading licensors and licensees across various industries. The company offers two main solutions: IPM Suite for rights and royalty management for publishing and licensing, and Brand Vision, an integrated platform for Brand Compliance & Monitoring that includes Digital Asset Management, Digital Rights Management, AI-Powered Content Tracking, and a Content Aggregation platform with over 100 million Ready-to-License Images.