Clean card in the Book Publishing Contract Template in a few clicks

Aug 6th, 2022
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How to clean card in the Book Publishing Contract Template

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[Music] welcome back to the bookends YouTube channel um so couple videos ago maybe last year whatever we asked about a contract playlist and everybody seemed to be into it so were gonna talk about some contract terms the first up is the option clause option clauses so to explain it an option clause is in most contracts which gives the publisher the right to first refusal so your next work as limited in that clause which could be so many different things they have the right to see for a certain amount of time so an option clause means that they want the option to review your next book before anybody else any other publisher gets a chance to look at it yes I understand yeah one of our many jobs when it comes to contracts is to limit that option as much as possible and I have seen option clauses all over the place from as far-docHubing as I mean typically it should just be on your next book but I have seen publishers put in there on every next book which more or less means that youve com

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How long the agreement lasts can vary, some agreements can be indefinite or perpetual. If the licence includes the right to sublicence, the publisher can grant the rights given to them to a third party, for example to allow another publisher to publish the work in another territory.
If the book is successful, the publisher and author (or authors heirs) could be bound together for the life of the copyright. For works published after 1977, copyright lasts for life of the author plus another seventy years.
How to Draft Publishing Contracts As a Small Publisher 1 Beginning the Contract. 2 Granting Rights to the Book. 3 Identifying How Royalties are Calculated. 4 Explaining the Authors Duties. 5 Explaining Termination and Reversion of Rights. 6 Protecting Yourself from Lawsuits. 7 Finalizing the Contract.
Here are the basic clauses you should review in a book publishing contract: Author and Publisher Legal Names. Grant of Rights. Advances and Royalty Payouts. Understanding Subsidiary Rights. Maintaining Editorial Control. Options and Right-of-First Refusal. Consultation and Approval Rights. Warranty and Indemnity.
Royalties paid on the retail price are fairly simple to calculate, and unless, the retail price of the book changes (which does happen), retail royalties are locked in. Average retail royalties fall in the 10% - 15% range on Hardcover sales, and 5% - 7.5% on Trade Paperback sales, generally.
The contract will also include basic things such as your word count (usually 85-100,000 words for commercial fiction), how many books the publisher is buying from you at this stage (usually one or two for a first deal), your delivery dates and planned publication dates, your responsibilities if there are any (such as
Full Publishing Deal - Full publishing deals mean the publisher controls the full publisher share in the works. As we discussed before, depending on the local legislation the size of this publishers share can range from 33% to 50% for performance rights and 33% to 100% for mechanical rights.
The publishing contract typically contains the names of the author or artist (or authors/artists) and the publisher, the object of the contract (e.g. a book or a music album), the length of rights transfer, the amount of royalties and advance payment, and other conditions.

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