Writers - Be SURE You Understand The Contracts You Sign
Publishers Weekly today announced that the Author’s Guild is warning Simon and Schuster authors to be extra careful when signing an addendum to their book contract that alters their ebook royalties.
According to the article, the addendum may actually change author’s rights in favor of the publisher.
I don’t have a contract with Simon and Schuster so I haven’t seen the letter in question. But I know how important it is to understand throughly any contract you sign. Publishers are like any business - charged to make a profit, and will often do so almost anyway they can.
The article also suggests consulting the a lawyer or an agent. I submit that such consultations don’t always protect you. Even with expert help, if you don’t understand the various clauses I think it’s up to you to either insist on explanations from the publisher until you do, or insist that the contract be re-written in a way that is more understandable. I know there’s a risk that you’ll lose the contract entirely, but if a publisher really wants your book, there can be some genuine give and take to everyone’s benefit.
Maybe all I’m saying is don’t be afraid to ask for changes. I have and I’ve gotten what I wanted. Be willing to ask and be willing to be surprised.
Write well and often,

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Tags: authors-guild, contracts, fees, freelance-writing, negotiations, publishers-weekly, work-at-home, writersRelated Stories
POSTED IN: Business of Freelance Writing
2 opinions for Writers - Be SURE You Understand The Contracts You Sign
Lori
Jul 18, 2008 at 12:31 pm
Oo. That’s scary. A good reminder, though, to read that contract thoroughly and get help with parts you don’t understand. You’re so right about asking for amendments, Anne. I’ve been granted them in all but one case!
Anne Wayman
Jul 19, 2008 at 1:07 pm
Good to hear here I’m not alone… and to demo to others it often pays to ask.
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