Copyright Clearance Center Distributes More Than $170 Million to Rightsholders in FY’11, Reaching $1.3 Billion over Ten Years
Rights Licensing Experts Disseminate More Than $170 million to Rightsholders in FY11
Copyright Clearance Center, Inc. (CCC), a not-for-profit organization and leading provider of licensing solutions, announced a record royalty payment of $171.1 million to rightsholders in FY11, an increase of more than 10% over the previous year ($154.3 million). During the last 10 years, CCC has distributed more than $1.3 billion to rightsholders.
CCC draws on over 30 years of expertise to create innovative licensing solutions that help rightsholders drive new revenues by reaching content users around the world. CCC simplifies the licensing process, making it easier for rightsholders to monetize valuable content while also helping content users obtain the permissions they need. CCC provides rightsholders with sophisticated online reports and usage data so they can develop the most lucrative licensing strategies.
CCC’s licensing services enable rightsholders to reach more than 20 million employees from 35,000 organizations around the world, as well as thousands of colleges and universities.
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