Exploring New Opportunities in Rights
Friday, September 6, 2019
Posted by: Maya Fakundiny
The Book Industry Study Group is always searching for new opportunities for the publishing supply chain, from standardizing metadata to exploring print on-demand technology. Later this month, BISG will pose an industry-wide question: Is book publishing poised to take advantage of international rights?
Effectively harnessing rights transactions could significantly increase revenues, but getting there requires industry-adopted standards. How can entities across the supply chain prepare for an influx of transactions from foreign markets, whose literacy rates and book businesses are steadily growing? On September 26 in New York City, you can join in this conversation with specialists from across the industry.
The panelists and moderators for this event will discuss the question of rights from many vantage points. Tricia McCraney of Virtusales will moderate the discussion. Speakers include Jeffery Corrick of Penguin Random House, Cecilia de la Campa of Writers House, David Hetherington of knk, and George Logan of Klopotek. Speakers bring a varied set of perspectives to the conversations, giving attendees a broad view of what's possible, and what's standing in the way. Light refreshments will be provided during the talk, which is generously sponsored by Publishing Technology Partners.
In addition to debating whether or not the book publishing industry writ large is well-positioned to capitalize on international rights and other revenue streams, the discussion will explore several other topics. Speakers will discuss the importance of rights sales for publishers and content creators. They will also touch upon how rights sales vary by segment, such as trade, children's, educational, and higher education. As with other BISG technology programs, speakers and audience members can informally discuss benefits that they've seen after investing in rights technology.
One highlight of this talk will be the overview of work done by BISG's Taxonomy Working Group, a part of the Rights Committee. This presentation will show the work that has been accomplished thus far, and discuss the impact that a shared rights taxonomy would have on revenues across the supply chain. Jeffery Corrick and Tricia McCraney will both be able to speak to this project, as they are both active and founding members of the Taxonomy Working Group.
All BISG programs and events have structured Q&A sessions, where sharp minds from across the publishing industry can share ideas and information, asking any questions that arise. These gatherings are designed to be more conversation than presentation, and all audience members are encouraged to respond and interact throughout. The tentative agenda for the afternoon is as follows:
9:45 Network with friends and colleagues over coffee and light refreshments
10:15 Jeffery Corrick presents highlights of taxonomy work from the BISG Rights Committee
10:15 Tricia McCraney leads a panel discussion
11:30 Q&A with industry experts and BISG
BISG's "Market Opportunities" program series aims to demonstrate areas of potential growth, as well as cutting-edge trends that could signify where the industry is heading. We hope you’ll join us in this timely conversation.