Corra Group Extends Business Credit Reports and International Background Checks to Entertainment and Media Industry in Need of Corporate Research

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There is a growing need for entertainment and media companies to conduct business research on their vendors, distributors, and ancillary partners. Corra Group is providing business credit reports and other background checks to conduct due diligence.

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“There is a growing concern with the lack of transparency among businesses that offer goods and services to the media and entertainment companies,” said Corra Group Co-founder, Gordon Basichis. “Sometimes you don't know who you you are dealing with."

Corra Group has recognized that many media and entertainment companies engage in partnerships and co-ventures with domestic and international entities that offer little corporate background information. To enhance corporate transparency, Corra Group is offering business credit reports and an assortment of entertainment and media background checks that will best help its clients assess the solvency and validity of these companies with which they do business.

“There is a growing concern with the lack of transparency among the myriad businesses that offer goods and services to the more established media and entertainment companies,” said Corra Group Co-founder, Gordon Basichis. “It is no secret that media and entertainment is an international industry and that often when you engage in business with certain startups you may have little or no idea with whom you are actually dealing.

Basichis pointed out the number fly-by-night startups, front or shell corporations, laundry operations, and any number of ambitious enterprises that want to get into show business. He noted one of the best ways to get started is to engage with an established media or entertainment entity that can provide easy credibility.

“People sometimes see a new business opportunity and rush into it without taking a clear look. Once committed, they will discover that the company is not what it appeared to be. It could be a sham with poor or illegitimate funding and without the resources had been promised. All of the sudden, you find yourself chasing them, hoping to get your money or your proprietary data. By then, more often than not, it’s too late.

“At Corra Group we help you discover up front just what it is you are buying into. We can offer business research in the form of business credit reports as well as criminal and civil records for both domestic and foreign operations. We can conduct social media research and certain background checks on the individuals as well as the corporate entity. It is a lot more cost effective to find out up front what you are getting into, before you discover the trouble.”

Basichis noted that Corra Group is headquartered in proximity to Hollywood, and has been offering entertainment background checking services to the film and television industries for close to a decade. “We provide background checks for those companies in need of employment screening and production talent, to traditional and digital production companies,” said Basichis. “Our clients also consist of advertising and new media agencies who use our services for focus group and commercial product campaigns. We now see an increased need for corporate research.

“The new media start ups may be especially vulnerable,” said Basichis. “It is like Dodge City out there. You get up and off the ground and produce either wonderful content or new technology. But then you engage with the wrong group of people. You can be out of business before you know it. You need to find out who else is playing in your sandbox.”

BACKGROUND: Corra operates as Corra Group and specializes in background checks for employment screening and corporate research and investigation. It is one of the few companies that will answer the phone. You can review the website at http://www.corragroup.com.

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Gordon Basichis
Corra Group
+1 (310)524-9800
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