Elements of the Deal: Part III
Royalties and Essential Financial Commitments In addition to territories and conditions for exclusivity, any deal should, at a minimum, address the following terms that have a direct impact on the financial success of the relationship: periodic royalties; advances...
Elements of the Deal: Part II
Exclusivity vs. Non-exclusivity With the aim of keeping as many options open as possible and of taking advantage of opportunities as they arise, exclusivity is an important consideration when granting licensing rights. Most licensees will ask for it even if it’s not...
Elements of the Deal: Part I
Where You Stand Depends on Where You Sit I’m not aware of a universal blueprint to cover all possible types of licensing deals, but most publishers follow some standard parameters—which vary depending on which side the publisher is negotiating from. Just like the...
Increasing Value by Co-Publishing: Part II
Licensing is one way to acquire content, but “acquire” is somewhat of a misnomer. A licensee actually rents content for a certain period of time and under specific terms and conditions. But content can also be bought and sold outright, either in the form of finished...
Digital Publishing Ideas
- Paid and Free Website OptionsTypes of education and consumer subscription models currently available The many ways that educators and consumers can obtain web-based content varies greatly depending on the market and the type of content. The choices can be bewildering, especially because the landscape continues to change. Netflix, for example, for years followed the HBO subscription model where for […]
- How Publishers Can Best Leverage Libraries in the Digital AgeFor almost the entire history of the library ecosystem, publishing companies and libraries have been as tightly aligned in their missions as any other pair of mutually beneficial partnerships. It is hard to imagine a more symbiotic relationship than that between publishers and libraries. The two entities appear more interdependent than baseball bat manufacturers and […]
- Why Libraries are Critical to Our Cultural IdentityThere’s no use going to school unless your destination is the library—Ray Bradbury, Fahrenheit 451 In his book Palaces for the People, Eric Klinenberg suggests that the future of democratic societies depends not only on shared values but on shared spaces: The libraries, childcare centers, churches, and parks where crucial connections are formed.[1] The title of […]
- Pricing Models for Online ProductsWhat Price Is Right? Pricing models for books and physical media (CDs, DVDs, audiocassettes) are straightforward, whereas the current pricing models for online content can be baffling—a mixed bag of sponsored content and motley subscription and licensing models, with little market consensus on what online access to various products should cost. Buyers favoring subscription models […]
- Preface excerpt from “Publishing in the Digital Age”(From the Preface) In 2007 I wrote a book entitled Publishing without Boundaries: How to Think, Work, and Win in the Global Marketplace, which had two main objectives: to provide publishers with editorial strategies for creating culturally appropriate products for non-traditional markets; and to outline ways to leverage emerging digital technologies to generate additional revenue […]
- Salt of the EarthSaving Analog Film for Future Use Located about 50 miles northwest of Wichita on the Arkansas River, the city of Hutchinson, Kansas—known as “Salt City” for its extensive labyrinth of salt mines—is the home of Underground Vaults & Storage (UV&S), one of the largest and most secure storage facilities in the world. A 60-year-old […]