Literary Agent
Also, MORALTY CLAUSES! They may(?) *seem* like a reasonable thing. Like if Hachette buys your book and you murder your neighbor it makes sense they wouldn’t want to work with you. #pubtip #contracts #thread
Literary Agent
Ghostwriting contracts are varied and weird. Usually they stipulate you receive no written or title credit. Some are for a flat fee, essentially a work-for-hire, and some granted a percentage of advances or royalties. #pubtip #contracts
Literary Agent
Okay, so part of my job as an agent is to bring clients job opportunities. These can include ghostwriting projects, write-for-hires, mobile app stories, etc. All of these contracts are unique and provide different advantages. Obviously. #pubtip #contracts #thread
Literary Agent
Literary Agent
Literary Agent
Literary Agent
Literary Agent
Literary Agent
Literary Agent
Literary Agent
Literary Agent
Literary Agent
Literary Agent
Literary Agent
“Sell” the option to someone else — usually a studio or prod co. #pubtip #contracts
Literary Agent
Literary Agent
An option is NOT a purchase. Scripts are optioned all the time and go nowhere. Anyone can option anything. Some people option everything just to control those rights and assign them to someone else (producer, prod. co., studio). Options can pay a lot or $1. #pubtip #contracts
Literary Agent
ALWAYS get EVERYTHING in writing whether it’s a book deal or option. Short forms *tend* to be fine for options, but they can be advantageous or disadvantageous. It really depends on the budget of the film should your option get purchased. #pubtip #contracts
Literary Agent
Literary Agent
Obvious statement: not all contracts are the same. Some are long form, some short form. Some are simply deal memos spelling out the major “beats” of a book contract: advance, royalties, term, rights granted, option, gratis copies, etc. (possible thread?) #pubtip #contracts