What is PLR and ELR?
Public Lending Right (PLR) and Educational Lending Right (ELR) are Australian Government programs that compensate Australian creators and publishers in recognition of income lost through free multiple use of their books in public and educational lending libraries.
What is a PLR payment?
Public Lending Right (PLR) allows authors to be fairly paid for each loan when their work is lent through public libraries. ... The scheme provides authors with a modest payment (around 8.5p) each time one of their books (written or audio) is borrowed from a public library.
What does PLR stand for in publishing?
In internet marketing, private label rights is a license where the author sells most or all of the intellectual property rights to their work. The license is defined by the author of the work and has no legal definition. Private label rights is derived from private labeling.
When was PLR introduced?
First, the credit limit size classes of scheduled commercial banks, on which administered rates were prescribed, were compressed into three slabs in April 1993. Second, a system of prime lending rate (PLR), the rate charged for the prime borrowers of the bank, was introduced in October 1994.