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David Marlin is the President and Co-Founder of MetaComet® Systems, a prominent provider of royalty automation tools. Since founding the company in 2000, David has spearheaded the development of a suite of best-in-class systems that effectively facilitate royalty processes for nearly 200 publishers. David has also served as the chair for The Book Industry Study Group’s Rights Committee and Digital Sales Committee.
Before establishing MetaComet Systems, David served as a technology consultant for renowned publishers, collaborating with notable companies such as Random House, Penguin, HarperCollins, Holtzbrinck, Macmillan, Scholastic, Time Warner, and many others. David holds both an MBA and a BA from Columbia University in New York.
Royalties are a common payment framework for many different kinds of business agreements, and are especially prevalent in book publishing deals.
In royalty-based industries such as publishing, gaming, and pharmaceuticals, one of the most crucial yet complex aspects of financial management is royalty reporting. Ensuring that licensors and other stakeholders receive accurate, timely payments is essential for maintaining trust and fostering long-term relationships.
Accounting for Royalty Payments: Carrying Balances ForwardA common request from our customers is for an explanation of how balances are carried forward when accounting for royalty payments in Royalty Tracker. In this article, we’ll explore the reasons that balances...
Book publishers tend to enter the business because of a love for books, not a love for royalty accounting. But royalties can be complex, and consume a disproportionate amount of the time spent on the business.
Royalty Accounting 101: How Royalties Impact Your Business Royalty accounting can be a complex business. Numerous sources of sales, intricate contract clauses, complex calculations and multiple payments mean it can be easy to feel overwhelmed. Don’t worry; you’re not...
An Introduction to Royalty Systems The system of paying royalties is a method of sharing the costs and sharing the profits of marketing and selling something. This article dives into how royalty systems work, and the best ways to calculate and track royalties....
Nelson is Canada’s leading K–12 educational publisher, currently distributing thousands of products and managing tens of thousands of royalty agreements.
Many MetaComet customers are running established publishing houses with years or decades of experience managing book publishing royalties. But others are just getting started. If you are new to the business, you may have some questions. Fortunately, the royalty experts at MetaComet have answers.
Royalty management requires impeccable accounting to ensure compliance and internal and external auditability and to maintain positive relationships with partners. This means devoting significant human and technical resources to the process. Failure to properly manage royalties or rights can lead to erroneous payments, broken trust from clients, and negative impact on your bottom line.
Royalty records management might be the most confusing part of your business. Mistakes here can cost you money and damage your recipient relationships. To clarify this intimidating process, the MetaComet® team has created the Royalty Management Lifecycle™ model.
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