Medea provides software to automate affiliate revenue management for Rogers Media
ATLANTA, Dec. 17, 2012 /CNW/ - Argo Systems, the leader in developing business software for Pay TV networks, today announced that they have been selected by Rogers Media to utilize the Medea application to manage their affiliate revenue operations for select networks, including Sportsnet, Sportsnet ONE, and The Shopping Channel.
Argo System's Medea allows Rogers Media to drive operational efficiencies by automating affiliate finance processes to ensure key contractual terms, subscriber data, and revenue is being managed accurately.
Medea is the leading commercial software product that manages and streamlines the business processes of the many departments and functional groups responsible for affiliate revenue and subscriber management. It serves as a sub ledger for all billing, collections and financial management of subscriber fees. Medea brings key stakeholders together to manage distribution sales, launch channels with operators, ensure proper payment, and provide critical management reporting for all network services.
"Rogers Media is a leader in the Canadian television industry," says Eric Levitan, COO of Argo Systems. "With Medea, pay and specialty networks are able to increase their operational efficiencies, unite contract terms with subscriber counts, and take advantage of the increased business intelligence that is available to them."
"By implementing Medea, we have been able to make improvements to the affiliate management processes, reduce our revenue processing time and have better insights arising from reporting improvements," said Aivy Reinfelds, Vice-President, Television Development & Distribution, Rogers Media. "We are now able to track and manage our affiliate revenue in a more efficient way and manage revenue with greater insight and confidence."
About Argo Systems
Argo Systems is a software company with unparalleled expertise in providing management solutions exclusively designed for the Pay TV industry. Argo Systems' software solutions process billions of dollars annually in programming revenues via Medea for over 300 cable network channels worldwide and programming expenses via Nestor for our multichannel operator clients. Argo Systems is based in Atlanta, GA, USA. For further inquiries about Argo Systems, please contact firstname.lastname@example.org.
SOURCE: Argo Systems
For further information:
Kathryn Frame, +1-404-934-4134, email@example.com