For the past several months, I’ve focused on contracts, contract negotiations, rights, and dealbreakers. I know I lost some of my indie (self-published) readers, who are waiting until I finish this series before they return to reading my blog. Those readers believe they will never sign the kind of contract I’m dealing with. They also believe that they’re protected because they’re in business for themselves. […]
We’re almost to the end of the contracts/dealbreakers series. I can’t tell you how pleased I am about this, because I feel dirty just looking at some of these contracts and agreements.
Most of you indie writers tuned this series out long ago, because you believed it didn’t apply to you. And yet, I read all the time about indie writers who sign with an agent to sell the print versions of an ebook and to sell foreign rights and auxiliary rights.
Bad move. Really, really, really bad move.
I was going to write a blog on why you never hire people for a percentage of your sales for the life of the project. I was going to look at some of the contract terms that writers should be wary of, from companies like Booktrope, companies that still exist.
And then I choked on a big gigantic paragraph in the Booktrope sample author agreement. This big gigantic paragraph is the one thing that allowed Booktrope to raise millions of dollars. Had Booktrope succeeded, that success would have come at the expense of its authors.
The scary thing is that other companies are behaving the exact same way.
For all the dreams of having work last forever, writers are their own worst enemies in making those dreams come true. And the mistakes happen in the little decisions.
Let’s take the option clause…
Over the years, I have become fascinated with writers’ attitudes towards contracts. Writers are so very cavalier about them. Most writers pay no attention to their publishing contracts at all until some term bites them in the ass. Then the writer tries to figure out how to get out of it, not realizing that they got themselves into it by signing the contract without examining it. Indie writers have a different problem with contracts. Indie writers believe they don’t need any…