Podium has chosen BiblioSuite publishing software to enhance and streamline its royalties workflows and improve the efficiency of its statement generation; helping the publisher to save time and resources, and increase its productivity companywide.
As a digital-first publisher, Podium’s primary focus is on audiobooks (with a specialty in genre fiction), however it also publishes e-books and print books. To fully meet its requirements, Podium needed a sophisticated royalties solution that would empower the publisher to manage all its processes within a single, centralized system – with support for any saleable product, and full integration with third parties, including Audible, Bookwire, Findaway, Kindle and more, to enable the automatic ingestion and collation of its sales data, from multiple sources, to calculate its royalties (for both subscriptions and online sales) and seamlessly deliver its royalties statements online.
Podium Audio chose Virtusales’ end-to-end royalties management solution – including BiblioSuite Contracts, Royalties, and the Royalty Portal – for its:
Flexible sales engine which enables Podium to automatically ingest its sales (for any type of product) from multiple retailers and distributors, and collate that data for easy, comprehensive reporting and royalty calculations;
Support of different sales methods, sales files and price types – including for audiobook subscriptions – which empowers the publisher to calculate complex royalties at a granular level, based on net value of income; and
Automated electronic delivery of royalty statements, ensuring that Podium can pay multiple contributors, in real-time, at the click of a button – reducing the costs associated with delivering printed statements, improving relationships with its authors and agents, and increasing the visibility and searchability of its royalties data companywide.
“BiblioSuite Royalties was the perfect choice for Podium, with its ability to handle complex royalties calculations including audiobook subscriptions, and its support for any saleable product. The functionality available is fantastic and a complete game-changer for our business. We’re looking forward to seeing what other workflows BiblioSuite can help us to streamline further in future.”
Jon Oxidine, COO, CFO, Podium Audio
“We are excited to see Biblio being used by a company as innovative as Podium, utilizing Biblio’s sophisticated, high speed royalties workflows and sales ingestion, and look forward to working with them in future as they scale-up their use of the BiblioSuite system.”
Rodney Elder, EVP, North America, Virtusales Publishing Solutions
About Podium
Podium is a leading digital-first publisher whose mission is to change the lives of trendsetting storytellers by discovering, developing, and amplifying their work. Podium leverages proprietary technology to identify these trendsetting storytellers and then brings a creator-economy approach to production, distribution, and monetization of that content.
Headquartered in Los Angeles, Podium is the fastest growing digital publisher in North America. With a focus on genre fiction, Podium has become a leader in Science Fiction, Fantasy, and Romance, and has been a pioneer in bringing the popular sub-genres of Gamelit, LitRPG, Progression Fantasy, and more to the fore. Podium first gained international notice for turning author Andy Weir’s The Martian into one of the most successful audiobooks in history. Today, the company is a top-ten audiobook publisher and has expanded across all formats of publishing.
About BiblioSuite
BiblioSuite offers digital-first publishers the opportunity to implement tried-and-tested, digital workflows that have been developed in collaboration with world-leading publishers, to streamline their processes and increase their output without increasing their number of employees. It enables content-led publishing models, helping publishers to fully utilize their IP and maximize their income regardless of the publishing formats chosen. Biblio users are therefore free to focus on growing their business in the sound mind that all their data, assets and essential documentation – from editorial right the way through to rights and royalties – are being recorded and stored in a way which will better the performance of the business, and will increase effective communications (both internally and externally, with staff, business partners, authors and agents alike).
BiblioSuite is proven to help publishing houses of all shapes and sizes to save time, reduce duplication of efforts and increase the access to key information and documents company-wide. The only difficulty after implementing will be deciding what to do with the time you’ve freed up!
By choosing Biblio’s comprehensive system, your publishing house will be able to:
Manage multiple formats including books, e-books, audiobooks, packs and bundles (including non-book products), licenses and merchandise;
Easily maintain high-quality metadata and enhanced ONIX feeds;
Store digital content, images, and files with your product information for enhanced visibility of and access to your assets companywide.
Generate and authorize contracts with software that enables full rights management;
Raise purchase orders within the Biblio system;
Handle complex royalty calculations and payments;
And much, much more.
About Virtusales Publishing Solutions
Virtusales is the creator of industry-leading BiblioSuite publishing software.
Working with some of the world's leading trade, children’s and novelty, academic and scholarly, educational and professional, content and licensing, and religious publishers including Penguin Random House, Faber, Oxford University Press, Hachette, Bloomsbury and Macmillan Publishers, Virtusales is streamlining publishers' workflows and bringing efficiencies to their business processes with innovative software, exceptional service and a collaborative approach.
Our leading-edge, web-based technology, rapid development cycle of new functionality and close working relationships with our customers ensure that our client publishers are able to manage and adapt to the industry's challenges more efficiently, now and in the future.
Find out more here or contact us for further information.