Jill Dimond, Business Manager of the Australian Society of Authors, discusses the red flag areas in a publishing contract.
In spite of what your publisher may say, there is no such thing as a standard contract. Unless you have a literary agent, you’ll need to read and understand the fine print, identify any problem clauses and try to negotiate a better deal with your publisher – before you sign.
Eight areas you should concentrate on:
- Delivery/Publication
- Licence
- Territory
- Royalties
- Advance
- Warranty/Author’s Indemnity
- Termination/Reversion of Rights
- Mediation
Login or Subscribe and go to Writing Resources to read more!