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Terms of Use

Visualnet · Production Lifecycle Management, S.L. · Version 2.0 · May 2026

By accessing and using the Visualnet platform, you agree to be bound by these Terms of Use. If you are acting on behalf of a company or organisation, you confirm that you have sufficient authority to accept them on its behalf.

1. Subject matter and scope

These Terms of Use govern access to and use of the Visualnet platform (hereinafter, the "Platform"), owned by Production Lifecycle Management, S.L. (hereinafter, "Visualnet" or "the Company"), a Spanish company with registered office in Barcelona and tax identification number B65356727.

The Platform is a professional service aimed at the film and television production industry, comprising:

  • the international Directory of audiovisual production service suppliers;
  • the procurement module, requests for offer and documentary traceability;
  • the Framework Agreement programme for Studios, Broadcasters and Audit Firms.

2. Definitions

For the purposes of these Terms, the following terms shall have the meaning set forth below:

  • Production Company: company or professional engaged in film or television production that creates Projects on the Platform and issues Requests for Offer through it.
  • Production Manager: operational user designated by the Production Company to manage the procurement of a Project on the Platform.
  • Supplier: company or professional engaged in the provision of services or supply of goods for audiovisual production, registered in the Visualnet Directory and eligible to receive invitations to participate in Requests for Offer.
  • Framework Agreement Client: Studio, television Broadcaster or Audit Firm operating with Visualnet under a bilateral framework agreement.
  • Project: specific audiovisual production created by a Production Company on the Platform, declared under a specific jurisdictional regime that determines the applicable regulatory framework.
  • Request for Offer: procurement act by which the Production Company, through its Production Manager, invites a group of qualified Suppliers to submit a financial offer for the provision of a given service or supply.
  • Procurement File: document automatically generated by the Platform upon the closing of each Request for Offer in the Pre-production phase, electronically signed with qualified PAdES-B-LTA signature and qualified time stamp issued by the FNMT-RCM, with self-standing evidential value under Article 25.2 of Regulation (EU) 910/2014 (eIDAS Regulation).
  • Audit Trail: immutable record, chained by means of SHA-256 cryptographic hashes, of every action carried out on the Platform, retained for a minimum period of seven years.
  • Wallet: prepaid balance of the Production Company on the Platform, denominated in euros, against which the operational items published in the current pricing regime are charged.
  • Aggregated Data: the statistics, indices, benchmarks, metrics and other derived information that Visualnet generates from the operation of the Platform, aggregated and anonymised in such a way that it does not identify, nor allow the identification of, directly or indirectly, a Production Company, a Supplier in relation to a specific offer, a specific Project, a Framework Agreement Client or any natural person.
  • Project jurisdictional regime: specific regulatory regime under which the Production Company declares that the Project will be submitted to tax authorities, incentive bodies or auditors (by way of example: Spain–ICAA, Spain–Canary Islands REF, Spain–Navarra or Basque Country foral regimes, United Kingdom–HMRC/BFI, United States–IRS and, where applicable, the relevant state authorities).

3. Registration and access

3.1 Account types

The Platform operates with the following user profiles:

  • Production Company account. Allows the creation of Projects, the issuance of Requests for Offer, the award of contracts and the download of Procurement Files.
  • Supplier account. Allows the maintenance of a verified profile in the Directory, the receipt of invitations to Requests for Offer and the submission of financial offers.
  • Framework Agreement account (Studio, Broadcaster or Audit Firm). Access to a private supervision panel, with specific conditions set out in the bilateral framework agreement.

3.2 Registration requirements

Registration is reserved for natural persons aged 18 or over acting in the course of their professional or business activity. Access to the full functionalities of the Platform — complete Directory profiles and operational procurement module — requires verification of the account and, in the case of Production Companies and Suppliers, validation of tax identity by means of the relevant identifier (CIF, VAT, EIN or equivalent depending on the jurisdiction).

3.3 Access credentials

The user is solely responsible for the confidentiality of their credentials. Visualnet recommends enabling the two-factor authentication available on the Platform. The Company shall not be liable for damages arising from unauthorised use of the credentials where the user has not reported their loss, theft or suspected misuse within a reasonable period from becoming aware of it.

4. Description of the procurement service

The Visualnet procurement service allows the Production Company, through its Production Manager, to:

  • create Projects classified by phase — Development or Pre-production — and declare the applicable jurisdictional regime;
  • issue Requests for Offer addressed to Suppliers qualified in accordance with the Platform's own taxonomy of activities;
  • receive, compare and award offers, with automatic generation of a market benchmark;
  • obtain the Procurement File electronically signed on each Request for Offer closed in the Pre-production phase.

4.1 Project phases

Requests for Offer published in the Development phase are indicative in nature, do not give rise to contractual obligations between the parties and are offered as a market exploration tool for the preparation of preliminary budgets.

Requests for Offer published in the Pre-production phase are binding on the Production Company and the awarded Supplier on the terms of the accepted offer, and generate the Procurement File upon the closing of the process.

4.2 Project jurisdictional regime

When creating each Project, the Production Company declares the jurisdictional regime under which that Project will be submitted to tax authorities, incentive bodies or auditors. This declaration is binding and determines:

  • the chapters of the budget model that constitute the eligible base;
  • the integrity rules applicable to the competitive process;
  • the structure and content of the Procurement File generated.

The Production Company is solely responsible for the accuracy of the declaration of the jurisdictional regime. An inaccurate declaration may invalidate the Procurement File for the purposes pursued by the Production Company before the recipient body.

4.3 Artificial intelligence assistant

The Platform incorporates an artificial-intelligence-based assistant aimed at the Production Manager. The assistant suggests improvements to the technical drafting of Requests for Offer and provides guidance on the selection of Suppliers. The assistant's suggestions do not constitute professional advice, do not bind Visualnet and are reviewed and accepted — or discarded — by the user under their sole responsibility.

5. Integrity of the competitive process

Visualnet guarantees, as an essential element of the service, compliance with the following integrity rules in respect of every Request for Offer processed on the Platform:

  • Suppliers invited to a Request for Offer do not have access, at any time, to the offers submitted by other Suppliers;
  • the Production Manager of the Production Company does not have access to the financial content of the offers until the closing of the pre-set submission deadline, recorded with a qualified time stamp;
  • the price offered by a Supplier is established exclusively by that Supplier; the Production Company may only accept or reject the submitted offer, with no possibility of unilateral modification of the amount;
  • extensions of the offer submission deadline are possible where justified cause exists, but are mandatorily recorded in the Audit Trail with identification of the requesting user, time and reason;
  • the market benchmark is presented in aggregated and anonymous form, without individual identification of the participating Suppliers;
  • Visualnet may analyse the data of the competitive process — including the identity of the users taking part in it — for the purpose of detecting, preventing and investigating conduct that compromises the integrity of Requests for Offer. This analysis is carried out by means of indicators which, in all cases, are subject to human review before any consequence is drawn, and no decision producing effects on the user is taken on a solely automated basis.

These rules are an essential condition of the service and are not subject to agreement to the contrary.

6. Financial regime

6.1 Organic Model — Production Companies

Registration of Suppliers in the Directory is free of charge.

Operational access to the Platform by the Production Company requires a minimum initial deposit in the Wallet in accordance with the pricing schedule published at https://visualnet.com/productoras at the time of Project registration.

Operational charges — initial deposit, charges per Request for Offer, Tech Fee and, where applicable, minimums per Project — are governed by the pricing schedule published at the address indicated in the preceding paragraph on the date of Project creation, which shall prevail for the duration of the Project. Pricing modifications apply only to Projects created after their entry into force.

Payment is charged against the Wallet balance, which may be topped up by credit card through the certified payment provider Stripe. The Platform shall block the publication of new Requests for Offer where the Wallet balance is insufficient to cover the anticipated charge.

6.2 Framework Agreements — Studios, Broadcasters and Audit Firms

The incorporation of a client into the Framework Agreement programme is formalised by means of a bilateral contract between the Company and the client. The financial conditions, service levels, scope of use, cobranding conditions, billing cycle and other material terms are established exclusively in that contract, which shall prevail over these Terms to the extent of any inconsistency.

The financial conditions of the Framework Agreement programme are confidential and are negotiated individually with each client.

6.3 Refunds

Published Requests for Offer are non-refundable, insofar as the service of notifying the eligible universe of Suppliers, the opening of the competitive process and the generation of the Audit Trail are executed irreversibly at the time of publication.

Unused Wallet balance may be refunded upon the Production Company's express written request, subject to application of the published processing fees and payment commissions.

7. Production Company obligations

The Production Company undertakes to:

  • use the Platform exclusively for legitimate procurement in the exercise of its professional audiovisual production activity;
  • provide truthful, up-to-date and complete information at registration and throughout its activity on the Platform, in particular regarding the entity's tax identification, the jurisdictional regime of each Project, the financial data of the award and the outcome of the process;
  • not publish fictitious or speculative Requests for Offer, or Requests for Offer whose subject matter does not correspond to a genuine intention to contract goods or services of audiovisual production;
  • not use the Platform to generate documentary evidence of competitive processes whose award decision has been adopted outside the system;
  • not coordinate with invited Suppliers — either directly or through third parties — in order to artificially alter the outcome of the competitive process, inflate the market benchmark or simulate competition between related parties;
  • not attempt to access data or functionalities for which it does not hold express authorisation;
  • comply with the applicable regulations on procurement, data protection, competition, prevention of money laundering and international sanctions. The Production Company declares, upon registration, that it is not subject to international sanctions (EU, OFAC) and does not act on behalf of persons or entities subject thereto;
  • include a mention of Visualnet in the final credits of any audiovisual work whose services contracting has been managed, in whole or in part, through Visualnet. The mention shall conform to the following format — or its localised equivalent in the language of the work's credits:

    Procurement managed through Visualnet · visualnet.com

    The mention shall appear in the final technical credits section or institutional acknowledgements, in a visible location and with typographic size equivalent to that of other platforms, technologies or technical services credited. Where the Production Company submits the production to tax incentive bodies, financiers, distributors or festivals, it may additionally reference the use of the Platform in the technical press book (EPK) and in the cost documentation submitted to the body. The unjustified omission of the mention constitutes a contractual breach which entitles Visualnet to suspend access to the Platform and to claim from the Production Company damages arising from the loss of institutional visibility;
  • not interfere with the technical operation of the Platform nor introduce malicious code, unauthorised scripts or automated tools for mass data extraction.

8. Supplier obligations

The Supplier undertakes to:

  • provide and keep updated the information of its Directory profile, including tax identification, taxonomy of activities and contact data;
  • submit real, individualised offers formulated to its best professional judgment, without coordination with other Suppliers invited to the same Request for Offer;
  • where awarded, comply with the financial and technical terms of the submitted offer;
  • respect the confidentiality of the process and not disclose to third parties the content of the Requests for Offer received or of the offers submitted;
  • not attempt to identify other Suppliers invited to the same Request for Offer nor obtain information about their offers.

9. Confidentiality and data protection of the process

The amounts, conditions and data contained in the offers submitted in a Request for Offer are strictly confidential.

Visualnet guarantees that:

  • Suppliers do not have access, at any time, to the offers of competing Suppliers in the same process;
  • the market benchmark is presented in aggregated and anonymous form;
  • the individualised data of the offers are visible only to the Production Manager of the Project and the authorised users of the Production Company;
  • within the framework of the Framework Agreement programme, the designated Auditors and Studios have read-only access to the Audit Trail of the process, without access to the individualised detail of non-awarded offers, except where the Production Company expressly authorises it or where the scope of the agreed-upon procedures engagement signed between the parties so requires and the Production Company has given its consent.

10. Procurement File and Audit Trail

10.1 Nature and evidential value of the Procurement File

Visualnet generates, on each Request for Offer closed in the Pre-production phase, the Procurement File. The Procurement File is signed with a qualified PAdES-B-LTA electronic signature using an FNMT-RCM certificate, in accordance with Regulation (EU) 910/2014 (eIDAS Regulation), and incorporates a qualified time stamp issued by a qualified FNMT-RCM TSA.

The Procurement File has self-standing evidential value under Article 25.2 of the eIDAS Regulation, which grants qualified electronic signatures the same legal effect as a handwritten signature. The Procurement File is, in and of itself, valid documentary evidence of the procurement competitive process documented therein, without the need for additional professional ratification.

10.2 Relationship with professional audit engagements

The Procurement File may serve as the documentary substrate on which an auditor registered in the Spanish Official Registry of Account Auditors (ROAC), or the equivalent professional in other jurisdictions, may, where applicable, perform the agreed-upon procedures of an engagement in accordance with the International Standard on Related Services (ISRS) 4400 — as adopted in Spain by the ICAC from the ISRS 4400 issued by the IAASB — or equivalent standards.

For these purposes, it is expressly stated that:

  • Visualnet is not an auditor and is not registered with the ROAC;
  • Visualnet does not issue ISRS/NISR 4400 reports nor any assurance reports of any nature;
  • the issuance of an ISRS/NISR 4400 report on the Procurement File, where applicable, is the responsibility of an independent professional, external to Visualnet, acting under their own professional responsibility, pursuant to the engagement received directly from the end client;
  • the Procurement File retains its self-standing evidential value under eIDAS regardless of whether or not it is accompanied by an additional professional report.

10.3 Audit Trail and retention

Every action on the Platform generates a record chained by means of an SHA-256 cryptographic hash to the preceding record. The cryptographic chaining renders any subsequent alteration of a record mathematically detectable, conferring on the set the character of immutability for evidential purposes. Records are retained for a minimum period of seven (7) years from the date of creation, in line with the general tax limitation periods applicable in the European Union.

10.4 Export and portability

The Production Company may export at any time, during the validity of its account and for ninety (90) days after its cancellation, the complete Procurement File of each of its Projects in signed PDF format and in machine-readable structured format (JSON).

11. Intellectual and industrial property

The set of contents, designs, software, databases and functionalities of the Platform is the exclusive property of Production Lifecycle Management, S.L., or has been licensed to the Company, and is protected by Spanish and international legislation on intellectual and industrial property.

Use of the Platform does not confer on the user any intellectual property rights over it. Reproduction, distribution, transformation or public communication of any element of the Platform without prior written authorisation is expressly prohibited.

Content uploaded by the user to the Platform — company descriptions, documentation attached to Requests for Offer and offers — remains the property of the user. The user grants Visualnet a non-exclusive, royalty-free, worldwide licence, limited to the scope and duration necessary for the provision of the service, to store, process and display such content.

The user further grants Visualnet a non-exclusive, royalty-free, worldwide and irrevocable licence to use the transactional and operational data generated on the Platform — including, by way of example, the data of Requests for Offer, offers and awards — for the purpose of generating Aggregated Data intended for the preparation and maintenance of the market benchmark that the Platform itself incorporates, and for the improvement and development of the service. The parties acknowledge that the market comparison incorporated into the Procurement File technically requires the aggregation of data across Projects and users, and that this faculty is therefore a necessary condition of the functionality offered.

The Aggregated Data so generated is the exclusive property of Visualnet and does not constitute confidential information of the user. Its generation is always carried out in aggregated and anonymised form, without the possibility of individual identification of the contributing user.

Certain technologies of the Platform are the subject of pending patent applications before the USPTO (U.S. Patent Application Nos. 64/036,591, 64/036,620 and 64/043,957). Any reverse engineering, decompilation, copying or unauthorised exploitation of such technologies is expressly prohibited.

12. Liability

Visualnet acts as a technological intermediary and is not a party to the commercial transactions that arise from the use of the Platform. Accordingly, Visualnet shall not be liable for:

  • breach of the agreements reached between Production Companies and Suppliers through the Platform;
  • the accuracy, quality or suitability of the services offered by the Suppliers;
  • award decisions adopted by the Production Companies;
  • service interruptions arising from force majeure, cyberattacks or failures in third-party infrastructure.

The total accumulated liability of Visualnet to a user shall not, in any event, exceed the amount actually paid by that user to Visualnet in the twelve (12) months immediately preceding the event giving rise to liability.

The foregoing is without prejudice to liabilities which, under mandatory applicable law, cannot be subject to limitation.

13. Data protection

The processing of personal data associated with the use of the Platform is governed by Visualnet's Privacy Policy, which forms an integral part of these Terms.

Visualnet acts as Data Controller in respect of the data of registered users, and as Data Processor in respect of personal data of third parties that the user incorporates into the Platform in the context of its Projects and Requests for Offer.

Visualnet additionally processes the personal data of the users taking part in the competitive process for the purpose of safeguarding the integrity of the process and preventing fraud, on the legal basis and with the safeguards described in the Privacy Policy.

14. Term, suspension and termination

The contractual relationship between Visualnet and the user has an indefinite term from the activation of the account, without prejudice to the specific conditions agreed in the Framework Agreements.

Either party may terminate it at any time, without prejudice to obligations already incurred.

Visualnet reserves the right to suspend or cancel the access of any user who breaches these Terms, with prior notice where circumstances permit. In cases of fraudulent, abusive or illegitimate use — including, in particular, breach of the obligations set out in sections 7.c, 7.d and 7.e — the suspension may be immediate.

Upon cancellation of the account, closed Projects and their Procurement Files shall remain available for export by the user for ninety (90) days. After that period, the data shall be retained solely in the immutable Audit Trail for the period legally required to deal with any claims — a minimum of seven (7) years — and shall thereafter be deleted or anonymised in accordance with the Privacy Policy.

The deletion, return or anonymisation of data provided for in this section shall not extend to the Aggregated Data already generated in accordance with section 11. Visualnet's faculty to retain and exploit the Aggregated Data survives the termination of the contractual relationship and is not affected by the cancellation of the user's account.

15. Modification of the Terms

Visualnet may modify these Terms at any time. Modifications shall be notified to registered users at least thirty (30) days in advance of their entry into force, by email to the registered address and by notice on the Platform itself.

Continued use of the Platform after the entry into force of the modified Terms implies their acceptance. A user who does not accept the modification may cancel their account before the entry into force, free of charge and with the right to export their information in accordance with section 10.4.

16. Applicable law and jurisdiction

These Terms are governed by Spanish law.

For the resolution of any dispute arising from the interpretation, performance or compliance with these Terms, the parties, expressly waiving any other forum to which they might be entitled, submit to the jurisdiction of the Courts and Tribunals of the city of Barcelona.

17. Contact

For any query concerning these Terms:

Production Lifecycle Management, S.L.
Email: legal@visualnet.com

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