Roundtable Discussions Luncheon
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Unmasking the Mystery of Your Royalty Statement
Moderator:
Paul Rosenzweig, Consultant, Royalty Review LLC
Take advantage of this opportunity to remove some of the camouflage that shrouds royalty statements. Bring along any statement pages that are unclear, so that publishers' arcane (and often obfuscating) descriptions and calculations can be decoded. Learn the "cardinal rule" to assist you in auditing your own statements, and when to call for professional assistance. The same "cardinal rule" might help you (and your attorney) in negotiating your next contract or addendum.
About the Moderator:
Paul Rosenzweig joined The Psychological Corporation in 1959, as Controller, supervising the accounting and financial operations, as the company grew in its publishing and consulting activities.
In 1974 he was asked by Harcourt Brace Jovanovich, Inc., to assume the title of Director of Subsidiary Accounting, charged with responsibility for acquisitions and new business startups.The group included an audiovisual publisher, consumer magazine, newsletter publisher, a professional training and reference publisher, and a management consulting and outplacement counseling firm.
In 1979 he became Vice President and Treasurer of Academic Press, Inc., a multinational publisher and distributor of technical books and scholarly journals, with revenues of $100 million. In 1986 he became affiliated with Moseley Associates, Inc., (management consultants to the publishing industry) conducting valuation, litigation support, acquisition and divestiture assignments.
In 1990, he started of Royalty Review Service, Inc., representing authors who wish to confirm the accuracy of their royalty statements. He continued as a consultant to successor firms from 1999 through 2007, and now practices in the same field as President of (ca) RRS, Inc.
Mr. Rosenzweig was Chairman of the Publishing and Printing Accounting Committee of the NY State Society of CPAs from 1988 to 1990, and served on the Society's Litigation Support committee. He is Treasurer of TAA and is also a member of The Authors Guild.
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