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Wiley Selects RoyaltyShares Digital Advantage to Improve Management of eBook Sales(January 16, 2013)
Nwe York, NY (PRWEB) January 16, 2013
John Wiley & Sons, Inc., (NYSE:JWa, JWb), a global provider of content and workflow solutions in areas of scientific, technical, medical, and scholarly research; professional development; and education, and RoyaltyShare, Inc., a leading provider of digital revenue management and reporting solutions, today announced that Wiley has selected RoyaltyShares Digital Advantage for eBooks to automate the processing and management of its worldwide eBook revenue. The announcement was made here today as part of the Digital Book World Conference.
Managing our digital revenue streams becomes more complicated every day as the number of partners grows and the data expands, said Peter Balis, Director of Digital Business Development for Wiley. RoyaltyShares platform efficiently accesses and processes the revenue files from our partners, ensuring the availability of timely and accurate sales data. RoyaltyShare has eliminated many of the manual tasks previously required to manage this process.
Wiley is an icon in the publishing world and we are pleased they have chosen to reduce the complexity of managing their growing digital business with Digital Advantage for eBooks, said Steve Grady, President of Technology Solutions for RoyaltyShare. Wiley joins a growing roster of forward-thinking publishers who have selected our Web-based tools to avoid the costly ongoing development of keeping up with this growing market; now they can deploy key resources to higher value activities like selling more books.
Digital Advantage, is already used by many large and medium-sized publishers and is quickly becoming the solution of choice to manage large, complex digital revenue data from dozens of eBook, downloadable audiobook, and print-on-demand retailers. Digital Advantage, 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 more than 80 digital e-retailers and distributors worldwide.
Digital Advantage for eBooks automates and tracks the import and normalization of revenue transaction data received from e-retailers. The platform provides sophisticated tools to clear transaction errors, aggregate transactions, and feed them seamlessly into downstream royalty and ERP systems. The result is a highly-scalable solution for book publishers who are overwhelmed with processing and managing sales data from a rapidly expanding number of new trading partners.
Wiley is a global provider of content and content-enabled workflow solutions in areas of scientific, technical, medical, and scholarly research; professional development; and education. Our core businesses produce scientific, technical, medical, and scholarly journals, reference works, books, database services, and advertising; professional books, subscription products, certification and training services and online applications; and education content and services including integrated online teaching and learning resources for undergraduate and graduate students and lifelong learners. Wiley's global headquarters are located in Hoboken, New Jersey, with operations in the U.S., Europe, Asia, Canada, and Australia. The Company's Web site can be accessed at http://www.wiley.com. The Company is listed on the New York Stock Exchange under the symbols JWa and JWb.
Founded in 1807, John Wiley & Sons, Inc. has been a valued source of information and understanding for more than 200 years, helping people around the world meet their needs and fulfill their aspirations. Wiley and its acquired companies have published the works of more than 450 Nobel laureates in all categories: Literature, Economics, Physiology or Medicine, Physics, Chemistry, and Peace.
RoyaltyShare, Inc. provides key technology and services to entertainment companies worldwide, helping them deploy state-of-the-art technology and transform key business processes to address the radical shift from physical to digital distribution. Having a management team with over 30 years of experience in technology development and providing specialized services for the entertainment industry, RoyaltyShare works with some of the worlds largest entertainment conglomerates.
RoyaltyShare offers a combination of Enterprise Services and Technology Solutions aimed at significantly reducing costs through process improvement, automation, scalability, optimization, and validation, and specializes in providing technology and services to firms in the record industry, book publishing, music publishing, film and television, among other entertainment and media segments. RoyaltyShare is headquartered in San Diego, with operations in New York, New Jersey, Pennsylvania, and London. More information on the company can be found at http://www.royaltyshare.com
Read the full story at http://www.prweb.com/releases/2013/1/prweb10328858.htm.
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