FADEL Sees Continued Growth in the Publishing Sector Signing on Major French Publisher – Hachette Livre
New York, NY – May 1, 2020 – FADEL®, leading provider of rights & permissions and royalty accounting software for publishers, today announced a strong start to its European expansion, signing on the third-largest consumer and educational publishing group in the world, Hachette Livre, for its French activities.
“Hachette Livre in France will adopt FADEL IPM Suite™ Publishing Edition to support its culture of innovation and optimize operational processes as part of its digital transformation” said Fabrice Bakhouche, Secretary general and CFO of Hachette Livre.
Identified as the market leader for rights and royalties management software for publishers in the “Infrastructure Software for Global Digital Publishing Report 2019,” FADEL’s solution IPM Suite Publishing Edition is a cloud-based, end-to-end licensing solution that empowers publishers to manage rights and permissioning of content, calculate royalty payments and deliver a robust author portal. The solution:
- Automates accurate and timely royalty payment calculations, to authors and from sub-rights licensees
- Enables the packaging of new micro-content offerings aligned with digital distribution and consumption models
- Accelerates time-to-market for new content offerings in a scalable and compliant fashion
- Supports multi-currency, multi-language and multi-organization deployment capabilities
- Seamlessly integrates with enterprise systems for financials, order management and contract managemen tprocessing
“We are thrilled to work with such a reputable publisher – Hachette Livre – that has produced many a masterpiece,” says Tarek Fadel, Founder and CEO of FADEL. “With IPM Suite our goal is to fully support our customers with their mission to work with great talent, invest in the creative process and deliver excellent content to a wide-reaching audience.”
About Hachette Livre
Hachette Livre, a wholly-owned subsidiary of Lagardère SCA, is the third-largest trade and educational publishing group in the world, with sales of €2,384 million in 2019. It is # 1 in France, # 2 in the UK and # 4 in the USA. It publishes around 17,000 new titles a year under more than one hundred different imprints in a dozen languages, but mainly in French, English and Spanish. It covers all segments of trade publishing: general fiction and non-fiction, mass market pocket books, books for young readers, illustrated books, travel guides, school books and study guides, as well as partworks. Its headquarters are in Vanves, France. www.hachette-livre.com
FADEL®, innovator of rights and royalty management software, has worked with some of the biggest names in media, publishing, life sciences, fast-moving consumer goods and high-tech. By automating talent and content rights management across videos, photos, ads, music, products and brands, and streamlining the processing of licensing royalties, FADEL’s cloud-based solutions have empowered businesses to significantly maximize revenues and increase process efficiencies. Founded in 2003, FADEL is headquartered in New York City, and also operates offices in Los Angeles, Paris, London and Lebanon. For more information, visit fadel.com.