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Protecting Your Titles: Building
out the Rights and Permissions
         Marketplace
     The Next Digital Frontier in
            Publishing
The Current Situation: Opportunity
• Digital books now command anywhere from 20-30% of
  the book market.
• There is greater demand and interest in Cross Media
  publishing than ever before.
• The market for Custom Publishing and Course Packs
  are both growing rapidly.
• EPUB 3 has just been released encouraging multi-
  media production.
• Judgments protecting copyright are on the rise.
  (YouTube, Google, Georgia State etc.)
• Speed to market is becoming an essential fact of life in
  publishing.
The Current Situation: Challenges
• Although books are digitalizing at a rapid rate
  Contracts remain stuck in filing cabinets.
• Of the top 16 Publishers only 1 has fully scanned and
  digitalized their contracts.
• More than 50% of major publisher titles information
  remains in paper only.
• Not knowing quickly what Rights and Permissions are
  owned inhibits growth. (Average turnaround time on
  Rights is 12-16 weeks)
• Inability to digitally access information leads to loss of
  revenue, misplacement of assets, potential copyright
  infringement or unneeded licensing fees.
The Current Situation: Remedies
• To address these problems the BISG (Book
  Industry Study Group) set up a Rights and
  Permissions Digitalization Committee to look
  into the matter
• Other industry solutions are also being
  developed to digitalize transactions and 3rd
  Party clearances
  – CCC
  – Digi-Rights
The Current Situation: Solutions
Digitalization of Rights and Permissions will
open up new markets for current Intellectual
Assets:
- Licensing of Print segments
- Easy integration of Graphic Assets
- Ability to Quickly Identify Multi-Media Needs
- Creation of a Global Digitalized Rights &
Permissions Marketplace
The Current Situation: Solutions
PROCESSES NEEDED: LEGACY
  -Scanning/OCR of Contracts to PDF for Legacy
  Content
  -Capturing of Rights information for input to
  Database, transfer to controlled vocabulary
  metadata
  -Integration of rights data into a global partnership
  of rights buyers and vendors
  -Development of Digital Marketplace
  -Integration with Rights databases for other Media

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BEA 2012 - Creating a Digital Rights & Permissions Market

  • 1. Protecting Your Titles: Building out the Rights and Permissions Marketplace The Next Digital Frontier in Publishing
  • 2. The Current Situation: Opportunity • Digital books now command anywhere from 20-30% of the book market. • There is greater demand and interest in Cross Media publishing than ever before. • The market for Custom Publishing and Course Packs are both growing rapidly. • EPUB 3 has just been released encouraging multi- media production. • Judgments protecting copyright are on the rise. (YouTube, Google, Georgia State etc.) • Speed to market is becoming an essential fact of life in publishing.
  • 3. The Current Situation: Challenges • Although books are digitalizing at a rapid rate Contracts remain stuck in filing cabinets. • Of the top 16 Publishers only 1 has fully scanned and digitalized their contracts. • More than 50% of major publisher titles information remains in paper only. • Not knowing quickly what Rights and Permissions are owned inhibits growth. (Average turnaround time on Rights is 12-16 weeks) • Inability to digitally access information leads to loss of revenue, misplacement of assets, potential copyright infringement or unneeded licensing fees.
  • 4. The Current Situation: Remedies • To address these problems the BISG (Book Industry Study Group) set up a Rights and Permissions Digitalization Committee to look into the matter • Other industry solutions are also being developed to digitalize transactions and 3rd Party clearances – CCC – Digi-Rights
  • 5. The Current Situation: Solutions Digitalization of Rights and Permissions will open up new markets for current Intellectual Assets: - Licensing of Print segments - Easy integration of Graphic Assets - Ability to Quickly Identify Multi-Media Needs - Creation of a Global Digitalized Rights & Permissions Marketplace
  • 6. The Current Situation: Solutions PROCESSES NEEDED: LEGACY -Scanning/OCR of Contracts to PDF for Legacy Content -Capturing of Rights information for input to Database, transfer to controlled vocabulary metadata -Integration of rights data into a global partnership of rights buyers and vendors -Development of Digital Marketplace -Integration with Rights databases for other Media