
Allrites is a leading global Content as a Service (“CaaS”) provider with 7,000 registered users, providing a B2B one-stop-shop, content marketplace to buy and sell the best of global film, TV & Sports rights and holding rights to more than 140,000 hours of diverse content.
Allrites accepts and licenses content in any language, genre, format, and year of production. Film, television, animation, documentary, and recorded live performances from major studios, independent producers, and production companies worldwide.
Allrites enables content buyers to license content, continuously update selections without high upfront costs, and transform into a data-driven business.
Allrites is focused on making the buying and selling of content extremely flexible, adaptable, and customizable to match today’s demands;, we believe purchasing and managing content should be as agile as the current consumer demand.
Allrites uses cutting-edge technology to scale content distribution by removing the friction introduced through manual processes and introducing an innovative content licensing model that addresses and eliminates the historical core pain points of buyers and sellers in the ecosystem.
Allrites is disrupting what is currently a long and painful process for producers and distributors, solving a pain point with their sales efforts. With Allrites’ CaaS technology, content creators and studios can sell and monetize film and TV content and generate recurring revenues in less time and with greater ease.
Allrites is not publicly listed. However, it is currently on a path towards becoming publicly listed following its May 8, 2023 execution of a definitive Business Combination Agreement with Aura Fat Projects Acquisition Corp (NASDAQ: AFAR) which is expected to close in the second half of 2023. Upon completion, Allrites will become a wholly-owned subsidiary of AFAR and is expected to be listed on the Nasdaq Global Market.
The de-SPAC transaction will provide Allrites with transaction proceeds to accelerate growth and fund cutting-edge technology development for artificial intelligence (“AI”) and machine learning-driven content curation, rights management, self-service, and automated recommendations.
Allrites growth is intended to capture a greater portion of the total addressable market (“TAM”) for film and TV content distribution estimated to reach $271.2 billion by 2025 according to PwC’s Global Entertainment & Media Outlook 2021-2025 and US$3.0 trillion in revenues by 2026, according to PwC’s report, Perspectives from the Global Entertainment & Media Outlook 2022–2026.
All questions regarding the process to go public via SPAC and the transaction with AFAR can be directed to our IR contact at allrites@mzgroup.us.
Investors can find detailed information about allrites, including financial reports, investor presentations, and news updates, via our Investor Relations website. Additionally, investors can contact our IR contact at allrites@mzgroup.us.