RightsLedger Signs Five-Year Licensing Agreement for ITN Studios’ Films on Milio.io

Las Vegas, NV, February 22, 2022 --(PR.com)-- RightsLedger, an international company focused on global digital content ownership rights protections and monetization platform, has inked a five-year deal with ITN Distribution, Inc. (ITN) for the rights to its view-on-demand (VOD) catalog. ITN films will be available on RightsLedger’s Milio OnDemand platform, starting with licensing ITN Studios' film rights in the Philippines in exchange for RightsTokens (RTKN).

RightsTokens are the foundation of the Milio ecosystem, where everyone is rewarded fairly for the value they create for the platform — digital content creators, artists, film studios, and others earn utility tokens for uploading their content to the Milio platform while users receive tokens for sharing and viewing content. Users can use RightsTokens to unlock premium features on the fully developed and operational digital asset platform that uses a distributed ledger network. Milio’s users, artists and major content producers, like ITN, will also be able to authenticate and license their work using ERC-721 non-fungible tokens.

Milio is the first social media and content distribution platform to reward content creators and users with cryptocurrency and has over a million users. RightsTokens use a decentralized network for the unaffiliated and dispersed community of Milio users.

Of the agreement, serial entrepreneur and RightsLedger CEO Ray Young said, “As one of the largest independent US-based studios, ITN has distributed their films globally for many years. ITN’s belief in our model and support for our platform since its inception was a major boost for us. To finally bring our two companies together for this multi-year licensing deal —the first of its kind— is a testament to the hard work and commitment of our team. I'm very excited for the future of both our companies.”

ITN, the world's first virtual studio, is one of the fastest growing film studios focusing on genre films and releases 8 films per month worldwide. In addition to distributing original productions and outside producers’ films, ITN publishes an on-line magazine, Independent Film Quarterly.

In a statement, ITN Studios' CEO and President Stuart Alson said, “We are excited to continue our partnership with Ray and RightsLedger based upon the enthusiasm and momentum we’ve seen with Milio’s users. That excitement speaks to the movement that Milio has built of young people interested in an experience that rewards both content creators like ITN and viewers. We are a perfect match as ITN does not exist anywhere, yet exists everywhere. We only look for the talented filmmakers and our investment in those filmmakers results in great new ideas and fun content to watch.”

You can learn more about RightsLedger at www.rightsledgerinc.com and on its Facebook page, and visit Milio’s website at www.milio.io.

About RightsLedger

RightsLedger Malta’s Milio is the only universal social media platform for amateur and professional digital content creators to authenticate, manage, share, and monetize content, all using blockchain technology while sharing in the advertising revenue. The Milio global content & rights marketplace platform includes registration, licensing, blockchain-backed ownership and deal tracking, plus a payment portal with NFT application coming soon. For more information on RightsLedger, visit www.rightsledgerinc.com.

About ITN Distribution, Inc.

ITN Distribution, Inc. is a leading independent film distribution company that specializes in high quality, genre and star driven independent films for the domestic and international TV, VOD, DVD and theatrical markets. ITN releases 24 films per year with ITN’s connection to all major retailers and rentals in North America, such as Redbox, Wal-Mart, Target, Best Buy, Netflix, iTunes, Hulu, Amazon and Video-On-Demand (VOD) outlets. ITN produces, distributes and acquires films worldwide.

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