Montana Book Publishing Contract

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Description

A "copyright" offers protection for original works of authorship. Copyright protection affords the author of a copyrighted work with specific rights that the author can give or sell to others or keep for him/herself. The concept of copyright protection in the United States is set forth in the original U.S. Constitution which allows Congress to pass laws that promote and encourage the process of the useful arts.

The word copyright can be defined as a property right in an original work of authorship (such as a literary, musical, artistic, photographic, or film work) fixed in any tangible medium of expression, giving the holder the exclusive right to reproduce, adapt, distribute, perform, and display the work. Copyright protection may be received regarding a wide range of creative, intellectual, or artistic forms or works. These include poems, plays, and other literary works, movies, choreographic works (dances, ballets, etc.), musical compositions, audio recordings, paintings, drawings, sculptures, photographs, radio and television broadcasts. The creator of the work has a limited monopoly on the work and can, with some exceptions, prohibit others from copying or displaying the work. The United States copyright law is contained in Chapters 1 through 8 and 10 through 12 of Title 17 of the United States Code.

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FAQ

Royalties paid on the retail price are fairly simple to calculate, and unless, the retail price of the book changes (which does happen), retail royalties are locked in. Average retail royalties fall in the 10% - 15% range on Hardcover sales, and 5% - 7.5% on Trade Paperback sales, generally.

Expiration Of The Contract Term Currently, that would be the author's life plus seventy years. Seeing how egregious that term is for an author and her estate, the copyright laws allow authors (and their heirs) to terminate publishing contracts 35 years after the contract date (see the U.S. Copyright Act, 17 U.S.C.

Royalty Calcn. Hardback royalties on the published price of trade books usually range from 10% to 12.5%, with 15% for more important authors. On paperback it is usually 7.5% to 10%, going up to 12.5% only in exceptional cases. All the royalties displayed below are on the "cover price".

The royalty rate: This is the percentage of each sale that goes to the author. It's typically between 15-25%, but can be higher or lower depending on the publisher and other factors.

Termination can be proposed by either party, and, once initiated, there is usually a waiting period of six months to a year before the actual agreement is concluded. Reasons for termination vary but most often concern a failure to meet specific contractual obligations.

What Are Typical Rates for Book Royalties? Royalty rates vary slightly, but on average, you can expect the following from traditional publishers: Hardcover sales: 15% Trade paperback sales: 7.5%

Book publishing agreements Some of the most essential clauses of a standard (boilerplate) book publishing contract are: Grant of Rights, Subsidiary Rights, Delivery and Acceptance, Publication, Copyright, Advance (if there is any), Royalties, and Out of Print.

They also vary across publishers (if you're on the traditional route) as well as stores (if you're self-publishing to them directly). Generally, the standard royalty rates for authors is under 10% for traditional publishing and up to 70% with self-publishing.

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Montana Book Publishing Contract