Business Musings: Things I Learned From My Readers

The title of this blog is things I learned from my readers. The pieces below link to comments or websites.

The main thing I learned from you folks over the course of writing the contract series is this: Not only do you pay attention, but you use this information. Almost daily now, I get letters from a writer who used some piece of the contracts blog to negotiate a better deal or to get their rights reverted or to handle a foreign rights contract.

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Business Musings: A Real Book Contract (Contracts/Dealbreakers)

Grand Central’s parent company Hachette is suing Grahame-Smith for $500,000, the advance on that second book of this contract.

Figure this: The publisher believes it’s better to sue the author than it is to leave that $500,000 outstanding. There are several reasons that Hachette could have made the decision to file suit.

Expect more of these kinds of suits in the future. If the writers who got huge advances do not meet their obligations with the publishers, the publishers will cut their losses and run as fast as they possibly can.

But what does this suit have to do with the contracts/dealbreakers series?

This:

For the first time, I can share with you a complete publishing contract.

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