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A Powerful Royalties Management Software Solution for any Industry
Are you tired of inefficient, error-prone royalty systems? We get it—and we’ve got the solution.
Stop Struggling with Royalties
In over 25 years of serving clients in book publishing, biotechnology, tech transfer, online learning, entertainment, and other industries, we’ve heard some common complaints about the royalty management process.
Maybe you can relate:
- “Our royalty workflow is inefficient, labor-intensive, time-consuming, and tedious.”
- “I’m tired of feeling stressed out about deadlines and audits.”
- “We can’t afford the risks of late or inaccurate payments and reports.”
MetaComet® is dedicated to eliminating your royalty management headaches, saving you time, reducing errors, and boosting efficiency. Bring us your toughest challenges, and we’ll find the solutions.
What Makes MetaComet Different?
Our laser-sharp focus on royalties and other complex revenue sharing scenarios—along with our active, ongoing customer engagement—fuels our unparalleled expertise. We also offer:
- The easiest royalty management platform to onboard and use.
- A team sincerely dedicated to our customers’ success.
- Fixed cost implementation, with no surprises.
- Our risk-free guarantee: If you’re not completely satisfied in the first three months of service, you’re free to cancel without penalty.
Supporting Customers in Industries Including:
Entertainment and Streaming Video
Video Games
Consumer Product Licensing
“We had one person spending all month calculating very complex royalties and generating reports. We then came across MetaComet and their Royalty Tracker System. Aside from knowing that our Royalties are done properly we have cut the time to process down to 2 days! We can’t say enough about David and his team.”
— Scott Moss, Vice Chairman / Mill Creek Entertainment
Frequently Asked Questions About Royalty Industries
What industries pay royalties?
Companies in a wide range of industries pay royalties in exchange for permission to license and sell or resell intellectual property (IP) from creators or other IP owners. These industries include:
- Media: book publishing, music, video games, movies and television, streaming video, and other forms of entertainment
- Science and technology: biotechnology, pharmaceuticals, life sciences, software, and electronics
- Online learning
- Consumer products
- Franchising
- Natural resources
What is the industry standard for royalties?
There is no single “industry standard” for royalties. Royalty rates and terms vary from one industry to the next, and within industries as well. Rates for any royalty licensing arrangement will be negotiated between two parties and will depend on the type of IP involved, the type of end product to be sold, perceived value, market demand, levels of risk and investment for both parties, the bargaining power of each of the parties, whether or not the license is exclusive, territories covered in the agreement, the duration of the agreement, and many other factors.
What are the average royalty rates by industry?
Even within a single industry, royalty rates will range far beyond any average, and standard rates will change over time. Average royalty rates should be considered only as rough benchmarks. That said, here are some typical industry-specific royalty rates as of this writing:
- Book publishing: In traditional publishing, royalty rates average around 10-15% for hardcover books, 5-10% for paperbacks, and 25-50% for ebooks. In hybrid publishing, rates range from 50%-90% of net sales. Subsidiary rights are often around 50%.
- Biotech: The most common biotech royalty rate is 5% of net sales, while 50% of deals involve royalty rates of 6% or less, and 90% involve royalty rates of 20% or less. Biotech royalty rates can range from 0.5% to 50% in extreme circumstances.
What is the difference between royalties and revenue shares?
While royalties are usually calculated as a percentage of revenue generated from a given property, revenue sharing is a broader concept in which multiple parties agree to split the income generated from a business venture or project. This can take the form of an equal split, percentage-based distributions, or a tiered model based on performance or other factors.
Both models tie compensation to the financial performance of a product or business, distribute the risk between participants, and align them all towards the success of the venture. Sometimes these models can be combined in an agreement.
Regardless of how simple or complex a royalty or revenue sharing arrangement is, or even if the two are blended, MetaComet software is designed to process sales, calculations, reporting, and payments with the same level of efficiency and ease.
Don’t See Your Industry?
Industry aside, if you need to calculate and distribute revenue based on sales data, our software is likely a fit. Rather than guess, let’s talk about your specific situation.