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In this video tutorial, the speaker discusses publishing contracts, specifically emphasizing the importance of rejecting the "right of first refusal" clause commonly found in contracts with university presses. This clause grants the publisher the first opportunity to sign the author's next book. If accepted, the author is obligated to publish with them. The speaker advises that both publishers and editors agree this clause is disadvantageous, particularly for first-time authors who may feel pressured to accept any offer. The video aims to highlight this critical aspect of publishing contracts to help authors make informed decisions.