HotSet is for filming productions to implement new Covid protocols such as e-docs, virtual check in, health screening, Covid testing, contactless props & more.
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The product, designed to help film productions adhere to new industry protocols through features like electronic documentation and contactless procedures, is nearing completion for beta testing. The launch is anticipated in early December, targeting the upcoming pilot season. The business operates on a SaaS model, priced at $10 per employee per month. As a startup, it incurs minimal overhead costs, primarily related to server maintenance and software development. The customer base includes producers, production companies, and studios, with pricing structured per production employee. The U.S. film and television industry employed over 456,000 people across 1,400 productions in 2019, highlighting significant growth potential. This software can cater to productions averaging 200-500 employees per project, lasting several months, with the opportunity for repeat business from producers handling multiple projects. Initially, the beta testing phase will be offered free of charge for three months to identify and resolve issues before revenue collection begins. Additionally, the software's scalability allows for expansion into international markets and other large events such as sports and conferences. Currently, there is no debt or external investment in the company. The founder, who is also a doctor and filmmaker, seeks to transition the business to an experienced entrepreneur to maximize its success, as they can no longer dedicate the necessary time and resources.