Royalty Accounting
Accounting for Royalty Payments: Carrying Balances Forward
David MarlinDavid 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 […]
Royalty Accounting 101: How Royalties Impact Your Business
David MarlinDavid 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 […]
Royalty Systems | Introductory Information & Recommendations
David MarlinDavid 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 […]
Introduction To Revenue Sharing
Revenue sharing is a tactic that many companies use today. Allowing employees to share in company profits helps to lure the best and the brightest on the market. Companies also promote revenue sharing as a way to motivate employees. Higher revenues mean more money for the employees. Collective Bargaining Often Determines The Split The percentage […]
Royalty Tracker: A Look Back at Our Recent Royalty Management Enhancements
2011 was a great year for the world of royalty and rights management! MetaComet Systems added dozens of new features to its Royalty Tracker platform, making the world’s most powerful rights and royalty software even better (and see below for a sneak peak of what’s coming in 2012). Here is a list of the most […]
Royalty Processing and Royalty Accounting – Best Practices
Publishing is an old activity – dating back nearly 6 centuries – and it’s existed as a business for nearly as long. But while Johannes Gutenberg’s innovations led to profound changes for society in general, he himself was financially unsuccessful, and he certainly didn’t set down any guidelines about running a publishing business. In the […]
An Agent’s Perspective on Royalty Statement Errors
Tis the season, right? Agent Kristen at Pub Rants is certainly caught up in the spirit, and has the decorations to prove it: a desk full of royalty statements. Yes, it’s high royalty season – the period in late Fall, before the close of the fiscal year, when publishers are tallying volumes and percentages at […]
Choosing the Right Royalty Software: Royalty Accounting
As I mentioned in Part 1, publishing is a deceptively complex business. I touched on a few of the general considerations in choosing a royalty software solution for your company in Part 1, from general function areas to investigate, to how to vet a royalty software manufacturer. This article will focus specifically on the royalty […]
Choosing the Right Royalty Accounting Software Solution for Your Company – Part 1
Publishing is a deceptively complex business, requiring the ability to track book production, royalties, returns, multiple warehouses, multiple sales channels, etc. With so many time-consuming administrative tasks, the day-to-day business of publishing can become an exercise in data management, rather than an endeavor to find the most marketable books and put them into print. […]