To Automate or Not to Automate the Rights Business? - Publishing Perspectives

For the rights departments at publishing companies large and small, time is a precious resource. These teams handle hundreds and even thousands of rights deals each year. But a handshake at the Frankfurt Book FairWorld's largest trade fair for books; held annually mid-October at Frankfurt Trade Fair, Germany; First three days exclusively for trade visitors; general public can attend last two. is only the beginning. For each of these thousands of deals, the rights department must execute the contract, ensure that the advance is paid, the publication date is met, and then track the sales, check royalty statements - on it goes.