The Frankfurt Book Fair announced today that it has become the majority shareholder of IPR License, a global rights and licensing trading platform. The Fair had previously made “a significant investment” in IPR in May 2015.
Full press release below:
Frankfurt Book Fair takes majority shareholding in IPR License
Frankfurt, 28 April 2016 – Today, the Frankfurt Book Fair (19-23 October 2016) announced it has taken a majority shareholding in IPR License Ltd, the global rights and licensing trading platform. In May 2015 it made a significant investment in IPR License but today it acquired control of the company, with Copyright Clearance Center (CCC) keeping its minority stake.
Thomas Minkus, VP Emerging Media & English Language Markets at the Frankfurt Book Fair, will assume the role of Managing Director of IPR License, with Jane Tappuni, previously EVP of Business Development at Ingenta (formerly Publishing Technology), taking over as Head of Marketing and Business Consultant. Tom Chalmers will oversee the handover of the business in the short-term, and then will be leaving the company to focus on other entrepreneurial projects.
Thomas Minkus said: “We are delighted to make this announcement today, and to take our investment in IPR License to the next level. Rights activity is a growing feature of our Frankfurt physical portfolio and, with our partners CCC, our aim is to further establish the IPR platform TradeRights as the industry standard tool for rights and licensing transactions. IPR License is of strategic importance to both the Frankfurt Book Fair and CCC, and we look forward to developing its global offering over the long-term.”
“IPR License fills an important gap in the marketplace to help publishers around the world monetize their content in as many ways as possible,” said Emily Sheahan, Vice President, Strategic Corporate Initiatives. “At CCC, we value our continued partnership with the Frankfurt Book Fair and look forward to building on IPR’s success.”
Tom Chalmers said: “I am proud of what the team has achieved over the last four years, building a market-leading product and signposting the way to the future of rights licensing in publishing. In Frankfurt Book Fair, along with partner Copyright Clearance Center, IPR License now has a prestigious long-term home.”
This further investment in IPR License, and continuing partnership with CCC, will not only help promote the value of rights and licensing to a wider global audience but also enable international publishers to transact front and backlist business simpler, faster and more cost-effectively.
About IPR License
IPR License was founded in 2012 as the marketplace for publishers to trade rights globally. Rights buyers can search, offer, negotiate and complete deals for whole book and journal rights, licensing and permissions. Rights sellers can increase sales from their front and backlist, simply, quickly and cost-effectively. The platform now has over 500 members listing their rights online, and IPR License is constantly developing its technology to ensure they offer a complete rights solution to support the industry, and to help generate new business for their members. www.iprlicense.com
About Copyright Clearance Center
Copyright Clearance Center (CCC) and its subsidiary RightsDirect are global leaders in content workflow and rights licensing technology. CCC solutions provide anytime, anywhere content access, usage rights and information management while promoting and protecting the interests of copyright holders. We serve more than 35,000 customers and 15,000 copyright holders worldwide, and manage more than 950 million rights from the world’s most sought-after journals, books, blogs, movies and more. Since 2008, CCC has been named one of the top 100 companies that matter most in the digital content industry by EContent Magazine. www.copyright.com
Contact for the media:
IPR License PR & Communications Director Alex Hippisley-Cox: firstname.lastname@example.org or tel: + (44) 7921 127077
About the Frankfurt Book Fair
The Frankfurt Book Fair is the international publishing industry’s biggest trade fair – with 7,100 exhibitors from more than 100 countries, around 275,000 visitors, over 4,000 events and approximately 10,000 accredited journalists – including 2,000 bloggers – in attendance. It also gathers key players from other media, including the film and games industries. Since 1976, the Book Fair has featured an annual Guest of Honour country, which showcases its book market, literature and culture to attendees in a variety of ways. The Frankfurt Book Fair organises the participation of German publishers at around 20 international book fairs and hosts trade events throughout the year in major international markets. With its Business Club, the Frankfurt Book Fair offers essential services and an ideal setting for the activities of publishers, entrepreneurs, pioneers, experts and visionaries. The Frankfurt Book Fair is a subsidiary of the German Publishers & Booksellers Association. www.book-fair.com
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