Not-For-Profit Pays Out $1.4 Billion Over Previous Ten Years
Danvers, Mass. – 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,” 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.”
About Copyright Clearance Center
Copyright Clearance Center (CCC) is a global leader in content management, licensing, discovery and delivery solutions. Through its relationships with those who use and create content, CCC drives market-based solutions that fuel research, power publishing and respect copyright. With its subsidiaries RightsDirect and Ixxus, CCC provides solutions for millions of people from the world’s largest companies and academic institutions.