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Counterpoint Systems Expands In Los Angeles

Counterpoint Systems, a developer of software for rights management, royalty accounting, and product licensing, said today that it is expanding its U.S. operations, which are headquartered in Los Angeles. The firm said it is both moving into larger offices, and adding staff, though it did not say how many people it expects to hire in the new office. The company said the Los Angeles expansion comes because of "strong sales" in its music, media, and consumer products/brand licensing divisions. Counterpoint Systems provides rights management and royalty software to such firms as 20th Century Fox, BMG Rights Management, eMusic, Mattel, Michelin Lifestyle, MTV Networks, NHL Enterprises and Paramount Pictures; the firm's global headquarters are in London.