Faber and Faber has selected RoyaltyShare’s Digital Advantage™ for eBooks to aggregate and manage its worldwide eBook revenue. In addition, Faber announced that Faber Factory, the publisher’s one stop digital service for independent publishers, will also use the platform. Digital Advantage for eBooks gives book publishers a proven solution for addressing large, complex digital revenue data from dozens of eBook, downloadable audiobook, and print-on-demand retailers.
Digital Advantage for eBooks is used by large to medium sized publishers including Hachette Book Group and Bloomsbury USA. The platform 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 over 30 digital e-retailers and distributors worldwide, supporting both the agency model and retail model. They include Amazon (Kindle, Audible, Create Space and AmazonMP3), Apple (iBookStore, AppStore, and iTunes), Barnes & Noble, Sony, Overdrive, Kobo, Google eBooks and others.
Digital Advantage for eBooks automates and tracks the import and normalization of revenue transaction data received from e-retailers, provides sophisticated tools for clearing transaction errors, aggregates the transactions into an output feed that can be customized for downstream royalty and ERP systems, and provides Web-based analytics to examine sales trends. The result is a highly scalable solution for book publishers now faced with processing and managing sales data from dozens, and potentially hundreds, of electronic retailers and distributors worldwide who offer eBooks, downloadable audiobooks, and print-on-demand services—whether under the agency or retail models, or emerging subscription and advertising-based services.