Online Courses: Royalty Management for Instructors, Professors, and Course Creators

As education continues to move online, the compensation scheme for instructors and professors moves along with it. It is now easier than ever to allocate revenues directly to professors and their courses, which provides an opportunity for royalty-based payments.

Managing those royalties, though, is a challenge fraught with risk. The opportunities for mistakes is high, and without a state-of-the-art royalty management system like Royalty Tracker, the time it takes can be overwhelming. Royalty Tracker enables you to automate the process and provide financial controls to ensure accurate reporting in a fraction of the time, and with the peace of mind that your process is fully auditable.

A Royalty Tracker-based automated solution enables you to pay both the course content creators and the teachers according to whatever terms you have indicated. It provides you with a central repository for all of your agreements, allowing you quick and easy access to both the documents, and the data within those documents. It provides monthly accruals, and detailed analytical reporting.

Your professors and instructors also benefit by trusting the results, and having easy access to their statements online through our Royalty Portal.

Using Royalty Portal, you can also collaborate extensively with your instructors, providing them a centralized portal for all their documents and even their course content.

We recently added a section to our website outlining how we help with Royalty Management for Online Courses. To read more please visit: www.metacomet.com/royalty-tracker-for-online-courses/

David Marlin

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.