Presbyterian Publishing

Publishers of all sizes have to manage detailed and vital information about the rights they own, the rights they have sold, and the royalties they either owe or are owed. It can be a significant accounting undertaking. Especially with the burgeoning digital marketplace, book publishers are increasingly redistributing their content in any number of ways and thus, generating additional revenue––as well as the need to manage additional rights and royalties. Fortunately, there are a number of solutions on the market today, from services that help publishers license their content to those that help automate the tracking and payments process to save time and

Last year, retail e-commerce totaled $88 billion, or 2.4 percent of total U.S. retail sales, according to the U.S. Department of Commerce. In the first quarter of this year, U.S. retail e-sales hit $25 billion—2.7 percent of total retail sales for the quarter ($906 billion). And based on the average annual growth rate (in the mid 20-percent range) of the last few years, 2006’s year-end e-commerce totals are likely to top $110 billion. Book publishers in almost every market have launched e-commerce sites to tap the growing potential in e-sales. Major publishers such as Scholastic (ShopScholastic.com), Random House (RandomHouse.com), McGraw-Hill (Books.McGraw-Hill.com), Penguin Group