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Authors signing a publishing contract usually offer a future advance and a royalty agreement. An advance is a lump sum of money you receive upon signing the publishing contract, and royalties are a percentage of book sales you receive. Make sure that you review this portion of your book deal in-depth with a lawyer.
Delivery Clause and Publication Deadline The clause will set out the date of when you need to deliver a final copy to the publisher. You should ensure that the publishing contract includes both the delivery clause and a publication deadline. Doing so ensures that both you and the publisher are aware of essential dates.
The path to publication generally requires authors to sign a ?publishing contract? that covers such topics as: manuscript delivery and acceptance, copyright ownership and grants; royalty advances, rates and payment; author warranties and indemnities; contract duration and rights reversion (out-of-print); options on new ...
The contract will also include basic things such as your word count (usually 85-100,000 words for commercial fiction), how many books the publisher is buying from you at this stage (usually one or two for a first deal), your delivery dates and planned publication dates, your responsibilities if there are any (such as ...
Here are the basic clauses you should review in a book publishing contract: Author and Publisher Legal Names. Grant of Rights. Advances and Royalty Payouts. Understanding Subsidiary Rights. Maintaining Editorial Control. Options and Right-of-First Refusal. Consultation and Approval Rights. Warranty and Indemnity.