October 29, 2013 -- Danvers, MA. Copyright Clearance Center, Inc. (CCC), a not-for-profit organization creating global licensing and content solutions that make copyright work for everyone, has announced a record royalty payment of $188.7 million to rightsholders in FY'13, an increase of more than 5% over the $179.4 million paid the previous year. During the last ten years, CCC has distributed $1.4 billion to rightsholders.
"As the digital information age matures, publishers and authors face a range of opportunities and challenges"
"As the digital information age matures, publishers and authors face a range of opportunities and challenges," said Miles McNamee, Vice President, Licensing and Business Development, CCC. "Our goal is to continue helping rightsholders maximize every opportunity throughout the content life cycle as more than a rights-licensing provider, but also as a partner helping authors and publishers protect their intellectual property, control costs and generate new revenue."
CCC provides licensing solutions to rightsholders through several solutions -- RightsLink, Open Access and APC Management, Annual and Pay-Per-Use Licensing Services, and the Republication Service.
About Copyright Clearance Center
Copyright Clearance Center (CCC), the rights-licensing expert, is a global rights broker for the world's most sought-after books, journals, blogs, movies, and more. Founded in 1978 as a not-for-profit organization, CCC provides smart solutions that simplify the access and licensing of content. These solutions let businesses and academic institutions quickly get permission to share copyright-protected materials, while compensating publishers and creators for the use of their works. We make copyright work. For more information, visit http://www.copyright.com.