Bloomsbury USA Selects RoyaltyShare for E-book Sales Management

(Press Release) SAN DIEGO and NEW YORK, November 17, 2010—Bloomsbury USA, a division of Bloomsbury Publishing Plc., and RoyaltyShare, Inc., a leading provider of digital revenue management and reporting solutions, today announced that Bloomsbury has selected RoyaltyShare's Digital Advantage for eBooks as its solution for processing and managing eBook transactions and revenue information. Digital Advantage for eBooks gives book publishers a proven solution for addressing large, complex digital revenue data from dozens of eBook, downloadable audiobook, and print-on-demand retailers.

Digital Advantage for eBooks delivers substantial cost savings while increasing both the accuracy of digital revenue data and the transparency of the workflows involved in managing the digital revenue process. The platform currently supports the revenue data feeds from over 30 digital e-retailers and distributors worldwide, supporting both the agency model and retail model. They include Amazon (Kindle, Audible, Create Space and AmazonMP3), Apple (iBookStore, AppStore, and iTunes), Barnes & Noble, Sony, Overdrive, Kobo and others. The solution builds upon RoyaltyShare's years of experience in providing digital transaction solutions for record labels and music distributors for whom RoyaltyShare has processed billions of music download and streaming transactions.

"As sales for eBooks continue to expand, so do the issues around dealing with digital sales transactions," said Peter DeGiglio, Chief Operating Officer of Bloomsbury USA. "RoyaltyShare approached us at exactly the right time. The service offers us an immediate solution for automating cumbersome, manual processes and, most importantly, allows us timely access to information that is integral to our business."

"Bloomsbury is an iconic company in the book publishing world and we are thrilled to be providing services to the U.S. division," said Bob Kohn, CEO of RoyaltyShare. "Publishers such as Bloomsbury USA are clearly recognizing the need for new, specialized systems for managing their digital sales channel. We offer an elegant solution for streamlining workflow around digital sales files management, giving our clients that ability to move forward aggressively with their digital initiatives."