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Royalty Management
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Royalty Advances 101 – A Comprehensive Guide for Publishing
A royalty advance, sometimes known as an advance against royalties, is a standard feature of author payments in book publishing. It may also be used in other media, entertainment, and licensing industries, when creators are paid for a work that is acquired and sold by a publisher, studio, distributor, or other business entity. In this Q&A, we will define the term “royalty advance” and answer other related questions.
How Are Royalties Calculated? Assessment & Reporting Tips
Royalties are a crucial aspect of financial management in various industries, particularly in publishing, biotechnology, franchising, and natural resources. Here’s a detailed overview of how royalties are calculated, when they are paid, typical percentages, and related concepts.
Rights and Royalties Definitions – Glossary of Terms
This glossary defines many of the commonly used terms related to royalties, rights, and royalty management software.
Case Study: Royalty Tracker™ and Sales Aggregator Scale Up Painlessly
The largest private audiobook production company in the US radically upgraded its royalty management process using MetaComet® software. By adopting Royalty Tracker™ and Sales Aggregator, John Marshall Media and Lantern Audio Distribution saved multiple days of work per quarter, eliminated errors in calculations, and streamlined the payment process.
Paying Royalties | Meaning, Tips & Tracking Solutions
Royalty payments are a key instrument in book publishing, biotechnology, and other industries that rely on the licensing and transfer of intellectual property. If your business is paying royalties to more than a handful of recipients in each royalty period, you may benefit from a software system that automates that process for you.
Publishing Industry Solutions for Royalty Management Chaos
A November 21 article from The Bookseller reports on the publishing industry’s “hidden epidemic” of chaotic royalty management, payments, and communication. (Heloise Wood, “Royalties survey sparks calls for change as Society of Authors reveals ‘increased reliance on hardship grants.’”)
Webinar: Royalty Automation for University Presses
In this video we look at exactly how automated royalty management systems work, walking through real-world royalty processing scenarios. We demonstrate how to use an automated system to record contract terms, process disparate sales files, perform calculations, and generate and transmit royalty statements, reports, and payment files. We also review the implementation process and discuss best practices for a smooth and painless transition to automation.
Royalties in Business | Definition & Tracking Solutions
Authors, illustrators, inventors, and developers — these diverse types of professionals are among the many who create intellectual property and rely on royalty payments to support their work.
Publishing Royalties | What They Are & How to Calculate Them
Royalties are a common payment framework for many different kinds of business agreements, and are especially prevalent in book publishing deals.
Royalty Reporting | Definition, Tips & Recommendations
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.