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The TEAM Companies

Full company profile

uuid0007yzb

Namestring
The TEAM Companies
Legal namestring
The TEAM Companies
Company typeenum
Private
Founded yearint
1992
Descriptiontext

The TEAM Companies (TTC) is a payroll, business affairs, and production technology provider serving the entertainment industry, founded in 1992 and headquartered in Burbank, California. TTC delivers employer-of-record payroll services, union and non-union talent payroll, business affairs support, signatory services, and production accounting technology to advertising agencies, commercial producers, talent management firms, live entertainment and touring productions, music labels, and celebrity/influencer engagements across North America. Its core technology stack comprises CAPS Pay (cloud payroll), CAPS+ Commercial Accounting (job costing and project accounting), Showbiz Budgeting 10 (production budgeting with AICP and international templates), digital onboarding and timekeeping, talent and rights management, and clearance platforms, forming an integrated production-financial workflow platform.

TTC's business model is primarily subscription and recurring-revenue driven, anchored by employer-of-record payroll services (including tax withholding/remittance, workers' compensation, and unemployment liability coverage) supplemented by professional-services revenue from business affairs engagements and software licensing for CAPS+, Showbiz Budgeting, and rights management modules. Pricing is quote-based enterprise B2B with no public disclosure. GTM is direct enterprise field sales with VP-level account executives covering studios, agencies, and major production houses, supported by offices in Burbank, New York, Chicago, Detroit, Portland, and Toronto. TTC was acquired by Cast & Crew in 2022 and continues to operate under the TTC brand within the Cast & Crew portfolio; the company experienced a data breach in July 2025 affecting tens of thousands of individuals, and three founders departed in March 2026 to launch a competing platform, UPP.

Short descriptiontext

The TEAM Companies provides employer-of-record payroll, union talent payroll, business affairs, and production management software to commercial production, talent management, live entertainment, and music industry clients across North America, operating as a Cast & Crew subsidiary.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersBurbank, United States
HQ citystring
Burbank
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices6 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
entertainment payroll services, production accounting software, talent payroll management, commercial production payroll, live entertainment payroll
Industry3 codes
1Crew & Labor Services (Production Staff, Unions, Payroll)
CodeMPADAFAAPrimaryYes
2Production & Talent Services (Casting, Crew, Production Management)
CodeMPAAAMAFPrimaryNo
3Casting & Talent Placement (Sessions, Bands, Touring Musicians)
CodeMPAIAGAMPrimaryNo
NAICS code3 codes
  • Payroll Services541214
  • Accounting, Tax Preparation, Bookkeeping, and Payroll Services54121
  • Convention and Trade Show Organizers561920
SIC code2 codes
  • Services-Allied To Motion Picture Production7819
  • Services-Help Supply Services7363
Product category
Entertainment Production Payroll Services
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model5 records
1Employer-of-Record Payroll Services
TypeSubscription Recurring
Description

Full payroll processing services for productions including employer-of-record functionality, tax withholding/remittance, workers' compensation coverage, and unemployment liability coverage for union and non-union crew members

about.castandcrew.com
2Talent Payroll Services
TypeSubscription Recurring
Description

Specialized union and non-union talent payroll covering session fees, residuals, usage payments for actors, extras, voiceover artists, and singers; includes W-2 employer services and loan-out corporation payments

about.castandcrew.com
3Business Affairs Services
TypeProfessional Services
Description

Talent business affairs support including contract review, cast category classification, session fee estimation, Taft-Hartley reports, PSA waivers, and union compliance guidance

about.castandcrew.com
4Third-Party Signatory Services
TypeSubscription Recurring
Description

Signatory services enabling non-signatory companies to work with union talent (SAG-AFTRA, ACTRA, UDA, AFM, CFM) through wholly owned third-party signatory companies

about.castandcrew.com
5Production Technology and Software
TypeSubscription Recurring
Description

Licensing and subscription access to CAPS+ accounting software, Showbiz Budgeting software, and talent/rights management platforms

about.castandcrew.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

The TEAM Companies provides employer-of-record payroll services for entertainment productions, covering commercial shoots, talent (actors, voiceover artists, musicians), and live entertainment/touring events. Services include union and non-union payroll processing, tax withholding and remittance, workers' compensation coverage, and compliance with SAG-AFTRA, AFM-CFM, ACTRA, and UDA agreements. The company also sells proprietary production management software including CAPS+ Commercial Accounting, CAPS Pay payroll system, Showbiz Budgeting 10, and Talent and Rights Management, supported by third-party signatory services and business affairs support.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Reduced setup time and fewer errors with fully integrated digital payroll platform
+1 more record
Product overview1 text field

The TEAM Companies (TTC), now part of Cast & Crew, offers a comprehensive platform-plus-modules architecture for entertainment production management. The core platform centers on employer-of-record payroll services spanning commercials, talent, and live entertainment, supported by integrated software tools including CAPS Pay (cloud payroll), CAPS+ Commercial Accounting (job costing and project accounting), and Showbiz Budgeting 10 (production budgeting). Additional modules extend the platform into talent and rights management, business affairs, network clearance, traffic management, music publishing administration, and vendor payments—creating an end-to-end ecosystem for production payroll, compliance, and financial management.

Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeOthersAnnounced on2022-01-01
Description

Cast & Crew acquired The TEAM Companies in 2022. Three TTC founders (Mujeebur Rahmansaher, Greg Smith, An De Vooght) previously grew TTC into an industry powerhouse before the acquisition. The TTC brand continues under Cast & Crew, offering commercial payroll, business affairs, talent payroll, and live entertainment services.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Long-standing direct competitor offering production payroll, accounting (PSL), and rights management to film, TV, and commercial productions. Most head-to-head comparable to TTC across commercial and talent payroll, with comparable union compliance capabilities.

TypeBroad incumbent
Description

TTC's parent company and the dominant entertainment production payroll provider for film and TV. Offers overlapping services to TTC in commercial and talent payroll, but operates at a much broader scale across the entire production lifecycle.

TypeEmerging player
Description

Modern cloud-native production payroll and accounting platform targeting film, TV, and commercial productions. Competes with TTC on technology user experience while TTC differentiates via deeper union compliance and longer industry tenure.

TypeDirect peer
Description

Direct competitor providing payroll and accounting services specifically for entertainment productions, including commercials and digital content. Targets a similar customer base with comparable employer-of-record and union compliance offerings.

TypeBroad incumbent
Description

Largest general payroll services provider in the US, serving some entertainment-adjacent SMB customers. Lacks TTC's specialized entertainment production compliance features but represents a competitive threat for standardized payroll needs.

TypeBroad incumbent
Description

Major general payroll and HR services provider competing for SMB and mid-market customers that may overlap with smaller production companies. Less specialized for entertainment industry but represents a competitive alternative for simpler payroll needs.

TypeBroad incumbent
Description

Enterprise workforce management and payroll platform with HCM capabilities. Competes indirectly for HR/payroll budgets at larger production organizations, though lacks TTC's deep entertainment-specific compliance and project accounting features.

TypeBroad incumbent
Description

Cloud-based payroll and HCM provider for mid-market employers. Competes for payroll wallet share at production-adjacent companies but without the union compliance and project accounting depth TTC provides.

TypeBroad incumbent
Description

Enterprise cloud platform for finance, HR, and payroll, including Workday Payroll. Targets large enterprises and could serve larger production companies, though lacks TTC's entertainment-specific compliance and project-based accounting functionality.

TypeBroad incumbent
Description

Mainstream SMB payroll solution commonly used by small production companies. Competes at the low end of the market for simpler payroll needs but cannot match TTC's union compliance and entertainment-specific features.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature6 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles10 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

The TEAM Companies

Entertainment Production Payroll Servicestheteamcompanies.com

The TEAM Companies provides employer-of-record payroll, union talent payroll, business affairs, and production management software to commercial production, talent management, live entertainment, and music industry clients across North America, operating as a Cast & Crew subsidiary.

What The TEAM Companies does

The TEAM Companies (TTC) is a payroll, business affairs, and production technology provider serving the entertainment industry, founded in 1992 and headquartered in Burbank, California. TTC delivers employer-of-record payroll services, union and non-union talent payroll, business affairs support, signatory services, and production accounting technology to advertising agencies, commercial producers, talent management firms, live entertainment and touring productions, music labels, and celebrity/influencer engagements across North America. Its core technology stack comprises CAPS Pay (cloud payroll), CAPS+ Commercial Accounting (job costing and project accounting), Showbiz Budgeting 10 (production budgeting with AICP and international templates), digital onboarding and timekeeping, talent and rights management, and clearance platforms, forming an integrated production-financial workflow platform.

TTC's business model is primarily subscription and recurring-revenue driven, anchored by employer-of-record payroll services (including tax withholding/remittance, workers' compensation, and unemployment liability coverage) supplemented by professional-services revenue from business affairs engagements and software licensing for CAPS+, Showbiz Budgeting, and rights management modules. Pricing is quote-based enterprise B2B with no public disclosure. GTM is direct enterprise field sales with VP-level account executives covering studios, agencies, and major production houses, supported by offices in Burbank, New York, Chicago, Detroit, Portland, and Toronto. TTC was acquired by Cast & Crew in 2022 and continues to operate under the TTC brand within the Cast & Crew portfolio; the company experienced a data breach in July 2025 affecting tens of thousands of individuals, and three founders departed in March 2026 to launch a competing platform, UPP.

The TEAM Companies firmographics

Firmographics
Name
The TEAM Companies
Legal name
The TEAM Companies
Website
https://theteamcompanies.com
Company type
Private
Founded year
1992
Operating status
Operating
Headcount range
251–500 employees
Short description
The TEAM Companies provides employer-of-record payroll, union talent payroll, business affairs, and production management software to commercial production, talent management, live entertainment, and music industry clients across North America, operating as a Cast & Crew subsidiary.
Ownership category
akta.pro rank

The TEAM Companies industry classification

Industry
Product category
Entertainment Production Payroll Services
NAICS
Payroll Services (541214), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121), Convention and Trade Show Organizers (561920)
SIC
Services-Allied To Motion Picture Production (7819), Services-Help Supply Services (7363)
akta.pro primary industry
Crew & Labor Services (Production Staff, Unions, Payroll) (MPADAFAA)
akta.pro secondary industries
Production & Talent Services (Casting, Crew, Production Management) (MPAAAMAF), Casting & Talent Placement (Sessions, Bands, Touring Musicians) (MPAIAGAM)

Keywords

  • Entertainment payroll services
  • Production accounting software
  • Talent payroll management
  • Commercial production payroll
  • Live entertainment payroll

Where The TEAM Companies is headquartered

Location

Headquarters

HQ city
Burbank
HQ country
United States
HQ region
North America

Offices6 records

Markets served

The TEAM Companies business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

  1. Employer-of-Record Payroll Services: Full payroll processing services for productions including employer-of-record functionality, tax withholding/remittance, workers' compensation coverage, and unemployment liability coverage for union and non-union crew members
  2. Talent Payroll Services: Specialized union and non-union talent payroll covering session fees, residuals, usage payments for actors, extras, voiceover artists, and singers; includes W-2 employer services and loan-out corporation payments
  3. Business Affairs Services: Talent business affairs support including contract review, cast category classification, session fee estimation, Taft-Hartley reports, PSA waivers, and union compliance guidance
  4. Third-Party Signatory Services: Signatory services enabling non-signatory companies to work with union talent (SAG-AFTRA, ACTRA, UDA, AFM, CFM) through wholly owned third-party signatory companies
  5. Production Technology and Software: Licensing and subscription access to CAPS+ accounting software, Showbiz Budgeting software, and talent/rights management platforms

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

The TEAM Companies product offering

Product offering

Core offering

The TEAM Companies provides employer-of-record payroll services for entertainment productions, covering commercial shoots, talent (actors, voiceover artists, musicians), and live entertainment/touring events. Services include union and non-union payroll processing, tax withholding and remittance, workers' compensation coverage, and compliance with SAG-AFTRA, AFM-CFM, ACTRA, and UDA agreements. The company also sells proprietary production management software including CAPS+ Commercial Accounting, CAPS Pay payroll system, Showbiz Budgeting 10, and Talent and Rights Management, supported by third-party signatory services and business affairs support.

Product overview

The TEAM Companies (TTC), now part of Cast & Crew, offers a comprehensive platform-plus-modules architecture for entertainment production management. The core platform centers on employer-of-record payroll services spanning commercials, talent, and live entertainment, supported by integrated software tools including CAPS Pay (cloud payroll), CAPS+ Commercial Accounting (job costing and project accounting), and Showbiz Budgeting 10 (production budgeting). Additional modules extend the platform into talent and rights management, business affairs, network clearance, traffic management, music publishing administration, and vendor payments—creating an end-to-end ecosystem for production payroll, compliance, and financial management.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

  • Reduced setup time and fewer errors with fully integrated digital payroll platform
  • +1 more outcomes

Companies that use The TEAM Companies

Customer profile

Segments5 records

Ideal customer profiles4 records

The TEAM Companies technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature6 records

The TEAM Companies partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Cast & CrewcoreOthers · 1 January 2022Cast & Crew acquired The TEAM Companies in 2022. Three TTC founders (Mujeebur Rahmansaher, Greg Smith, An De Vooght) previously grew TTC into an industry powerhouse before the acquisition. The TTC brand continues under Cast & Crew, offering commercial payroll, business affairs, talent payroll, and live entertainment services.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

The TEAM Companies competitors and assessment

Company assessment

Direct peers

  • Entertainment Partners (EP): Long-standing direct competitor offering production payroll, accounting (PSL), and rights management to film, TV, and commercial productions. Most head-to-head comparable to TTC across commercial and talent payroll, with comparable union compliance capabilities.
  • GreenSlate: Direct competitor providing payroll and accounting services specifically for entertainment productions, including commercials and digital content. Targets a similar customer base with comparable employer-of-record and union compliance offerings.

Broad incumbents

  • Cast & Crew: TTC's parent company and the dominant entertainment production payroll provider for film and TV. Offers overlapping services to TTC in commercial and talent payroll, but operates at a much broader scale across the entire production lifecycle.
  • ADP: Largest general payroll services provider in the US, serving some entertainment-adjacent SMB customers. Lacks TTC's specialized entertainment production compliance features but represents a competitive threat for standardized payroll needs.
  • Paychex: Major general payroll and HR services provider competing for SMB and mid-market customers that may overlap with smaller production companies. Less specialized for entertainment industry but represents a competitive alternative for simpler payroll needs.
  • UKG (Ultimate Kronos Group): Enterprise workforce management and payroll platform with HCM capabilities. Competes indirectly for HR/payroll budgets at larger production organizations, though lacks TTC's deep entertainment-specific compliance and project accounting features.
  • Paylocity: Cloud-based payroll and HCM provider for mid-market employers. Competes for payroll wallet share at production-adjacent companies but without the union compliance and project accounting depth TTC provides.
  • Workday: Enterprise cloud platform for finance, HR, and payroll, including Workday Payroll. Targets large enterprises and could serve larger production companies, though lacks TTC's entertainment-specific compliance and project-based accounting functionality.
  • Intuit QuickBooks Payroll: Mainstream SMB payroll solution commonly used by small production companies. Competes at the low end of the market for simpler payroll needs but cannot match TTC's union compliance and entertainment-specific features.

Emerging players

  • Wrapbook: Modern cloud-native production payroll and accounting platform targeting film, TV, and commercial productions. Competes with TTC on technology user experience while TTC differentiates via deeper union compliance and longer industry tenure.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key highlights7 records

Customer concentration

The TEAM Companies social profiles

Digital presence

The TEAM Companies financial estimates

Financial estimate

Revenue estimate

Valuation estimate

The TEAM Companies leadership team

Management profile

Number of profiles

Profiles10 records

The TEAM Companies funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

The TEAM Companies M&A and investment

M&A and investment

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The TEAM Companies

What does The TEAM Companies do?

The TEAM Companies provides employer-of-record payroll services for entertainment productions, covering commercial shoots, talent (actors, voiceover artists, musicians), and live entertainment/touring events. Services include union and non-union payroll processing, tax withholding and remittance, workers' compensation coverage, and compliance with SAG-AFTRA, AFM-CFM, ACTRA, and UDA agreements. The company also sells proprietary production management software including CAPS+ Commercial Accounting, CAPS Pay payroll system, Showbiz Budgeting 10, and Talent and Rights Management, supported by third-party signatory services and business affairs support.

Is The TEAM Companies a public or private company?

The TEAM Companies is a private company. It is classified as corporate owned and is currently operating.

When was The TEAM Companies founded?

The TEAM Companies was founded in 1992. It employs 251 to 500 people.

Where is The TEAM Companies based?

The TEAM Companies is headquartered in Burbank, United States, in the North America region.

How does The TEAM Companies make money?

Five revenue lines are on record. Employer-of-Record Payroll Services are the primary driver. The others are talent Payroll Services, business Affairs Services, third-Party Signatory Services and production Technology and Software.

Who are The TEAM Companies's main competitors?

Direct peers on record are Entertainment Partners (EP) and GreenSlate. Broad incumbents are Cast & Crew, ADP, Paychex, UKG (Ultimate Kronos Group), Paylocity, Workday and Intuit QuickBooks Payroll. Wrapbook is listed as an emerging player.

Does The TEAM Companies have an API?

No public API is recorded for The TEAM Companies.

What industry is The TEAM Companies in?

The TEAM Companies's product category is Entertainment Production Payroll Services. Its primary akta.pro industry code is MPADAFAA, Crew & Labor Services (Production Staff, Unions, Payroll), with a secondary code of MPAAAMAF, Production & Talent Services (Casting, Crew, Production Management). Its NAICS code is 541214 and its SIC code is 7819.

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Live signals
AijournEntertainment Industry Veterans Launch Unified Production Platform (UPP)Three entertainment industry veterans—Mujeebur Rahmansaher, Greg Smith, and An De Vooght—have launched Unified Production Platform (UPP), a SaaS-based, cloud-native, AI-powered production management platform that unifies casting, payroll, compliance, analytics, and workflow management for content producers. The founders previously led The TEAM Companies, a payroll and business affairs provider that was acquired by Cast & Crew in 2022 in a deal backed by private equity firm EQT VIII. UPP is positioned as an open-market software alternative to traditional employer-of-record models, targeting studios, agencies, brands, streamers, and independent producers of any size.YahooEntertainment Industry Veterans Launch Unified Production Platform (UPP)Three entertainment industry veterans—Mujeebur Rahmansaher, Greg Smith, and An De Vooght—launched Unified Production Platform (UPP), a SaaS-based, AI-powered production management platform that unifies casting, payroll, compliance, analytics, and workflow management for content producers. The platform differentiates itself as an open-market solution available to studios, agencies, and independent production houses, unlike traditional employer-of-record models tied to single vendors. The founders previously held leadership roles at The TEAM Companies, which they grew into an industry powerhouse before it was acquired by Cast & Crew in 2022.GlobeNewswireThe TEAM Companies (“TTC”) Data Breach Exposes Personal Information: Murphy Law Firm Investigates Legal ClaimsMurphy Law Firm announced it is investigating legal claims on behalf of individuals affected by a data breach at The TEAM Companies (TTC), a staffing and workforce solutions company. Cybercriminals infiltrated TTC's computer network between July 15 and July 26, 2025, gaining access to files containing sensitive personal information of tens of thousands of people, including Social Security numbers, financial account information, medical records, and driver's license numbers. The law firm is evaluating potential class action litigation to recover damages for those whose personal data was compromised and may be circulating on the dark web.GlobeNewswireThe TEAM Companies Data Breach Claims Investigated by Lynch CarpenterThe TEAM Companies announced a cybersecurity incident where an unauthorized individual accessed their network, compromising the personal and health information of over 20,000 individuals. Lynch Carpenter, LLP is currently investigating claims against The TEAM Companies regarding this data breach. The compromised data includes names combined with addresses, dates of birth, Social Security numbers, financial account details, and health information.PR NewswireComcast Technology Solutions and The TEAM Companies Enable Marketers to Streamline Creative Rights Management Into Centralized PlatformComcast Technology Solutions and The TEAM Companies announced an enhanced integration between their advertising platforms, allowing marketers to manage creative assets, traffic, distribution, and rights management through a single unified interface. The solution aims to address a common industry pain point by reducing the risk of financial exposure from airing commercials with expired talent rights or unauthorized usage outside negotiated territories. The integration provides end-to-end control of commercial rights management across video and audio channels.PR NewswireMusic Industry Experts Form Exclusive Alliance to Capture Global Royalty Revenue for AdvertisersMelos and The TEAM Companies have formed an exclusive alliance to help North American and global advertisers capture music royalties they are entitled to when commercials are broadcast. An estimated $400 million in music royalties go uncollected by marketers each year, partly because existing music publishing administrators lack robust tracking technology and global data intelligence. The partnership combines Melos' music publishing administration technology with The TEAM Companies' payroll and business expertise for the advertising and entertainment industries.PR NewswireTalent Business Affairs Expert Forms Exclusive Alliance With Ad Industry Payroll Leader To Provide Deeper Support For Advertisers & AgenciesWMBE Certified Talent Business Affairs specialist Checks in Motion has established an exclusive partnership with ad and entertainment industry payroll leader The TEAM Companies to expand talent and rights management capabilities for its growing client base. The alliance grants Checks in Motion access to TTC's North American union and non-union talent payroll services and production payroll for freelancers, while TTC gains additional back-office support and business affairs expertise. Both company presidents highlighted their shared commitment to client service and noted their businesses are on a growth trajectory.PR NewswireThe TEAM Companies to Launch Industry's First AI-Powered Assistant for Talent and Production Business AffairsThe TEAM Companies (TTC) announced plans to launch KAT (Knowledge @ TEAM), an AI-powered assistant designed to support talent and production business affairs in the advertising and entertainment industries. TTC is partnering with Equals 3, a technology firm specializing in AI applications, to develop the platform, which will leverage TTC's extensive knowledge library and subject matter expertise. The system is expected to be operational before the end of 2018 and will provide 24/7 knowledge support for navigating complex union agreements and labor laws.PR NewswireAdstream And The TEAM Companies Expand RelationshipAdstream and The TEAM Companies have expanded their existing collaboration to form a comprehensive strategic partnership providing end-to-end advertising services for managing talent use, rights, and content delivery. The partnership addresses redundancies in the advertising supply chain and helps brands avoid millions in costs from overusing assets with expired talent usage rights, a problem highlighted by 2017 litigation over unauthorized talent likeness and IP use.