What is License Sales and Merchandizing for Broadcasting in SAP CRM-IM-IPM - Intellectual Property Management?

SAP Term: License Sales and Merchandizing for Broadcasting

• Component: CRM-IM-IPM

• Component Name: Intellectual Property Management

• Description: You use this business scenario to map business relationships between your company and your licensees. This covers the entire license sales process from contract negotiations through collection of license fees incoming royalties.

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• Key Concepts: 
  License Sales and Merchandizing for Broadcasting is a component of SAP's CRM-IM-IPM Intellectual Property Management solution. This component enables broadcasters to manage their intellectual property rights and licenses, as well as to track and manage the sale and merchandising of their content. It also provides broadcasters with the ability to manage their content across multiple platforms, such as television, radio, and digital media.
  
  How to use it: 
  License Sales and Merchandizing for Broadcasting can be used to manage the sale and merchandising of content across multiple platforms. It allows broadcasters to track and manage their intellectual property rights and licenses, as well as to monitor the performance of their content across different platforms. Additionally, it provides broadcasters with the ability to create custom reports that provide insights into their content performance.
  
  Tips & Tricks: 
  When using License Sales and Merchandizing for Broadcasting, it is important to ensure that all intellectual property rights are properly managed. Additionally, broadcasters should ensure that they are tracking the performance of their content across different platforms in order to maximize its potential. Finally, broadcasters should take advantage of the custom reporting capabilities provided by this component in order to gain insights into their content performance.
  
  Related Information: 
  For more information on License Sales and Merchandizing for Broadcasting, please visit SAP's website at https://www.sap.com/products/crm-im-ipm-intellectual-property-management.html. Additionally, there are a number of resources available online that provide additional information on this component, such as tutorials and user guides.