Home > Contracts, Ebooks > #TraditionalPublisher #contracts and #LiteraryAgents

#TraditionalPublisher #contracts and #LiteraryAgents

Here’s an extract from a must-read article on HuffPo:

“One of the things I learned is that publishers often change their contracts to give themselves more favorable terms. Agents who are paying attention pick up on the differences and understand the ramifications. Agents who aren’t, don’t.”

AND

“… … a few year ago, Simon & Schuster removed four sentences from the end of the rights reversion clause. These sentences defined the sales threshold, which states that rights will revert to the author if the number of sales drops under a specified amount. Removing these sentences meant that if the publisher also bought digital rights, the book would in effect never go out of print, and the publisher would own the rights to the work in perpetuity.”

The article states that you can’t necessarily depend on your literary agent to catch these for you, so be vigilant about what you’re signing away.

Click here for the rest of the article.

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  1. May 23, 2015 at 1:05 am

    gosh! this is such a sad state when they take advantage of a vulnerable writer 😦

    thanks for highlighting it, R
    xoxo

  2. July 3, 2015 at 3:32 pm

    Hi Rasana, interesting article, though it scared me a lot, because I was always under the impression that having an agent would put an end to all my publishing troubles ( contracts and negotiations would be an agent’s headache). This article has made me realize that even agents can get caught on the wrong foot if they haven’t read the fine line.

    • rasanaatreya
      July 3, 2015 at 8:32 pm

      It is scary.

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