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) builds unique solutions that connect content and rights in contextually relevant ways through software and professional services. CCC helps people navigate vast amounts of data to discover actionable insights, enabling them to innovate and make informed decisions. CCC, with its subsidiary RightsDirect, collaborates with customers to advance how data and information is integrated, accessed, and shared while setting the standard for effective copyright solutions that accelerate knowledge and power innovation. CCC is headquartered in Danvers, Mass. with offices across North America, Europe and Asia. To learn more about CCC, visit www.copyright.com.