When you have your first (or next) contract in front of you for a traditionally published book, you are likely thinking primarily about your advance and what rights you want to retain. But one of the most significant clauses, usually found somewhere toward the end of the contract, may be the most important for you in the long run: the reversion clause.
The Contracts Committee has learned of recent cases in which a publisher did not routinely send authors a copy of the final contract signed by both the author and publisher.
A class action suit for violation of copyright, first filed in 2001, has finally brought checks to writers. The initial settlement in the case, the Literary Works in Electronic Databases Copyright Litigation, was approved in 2005, followed by more years of litigation.
SFWA’s Contracts Committee has recently been seeing a proliferation of contracts from small magazines, and a very few established markets, that license all derivative rights in perpetuity. This is a red flag for a number of reasons, even if these rights are licensed non-exclusively.
SFWA’s Contracts Committee has recently been seeing a proliferation of contracts from small magazines, and a very few established markets, that license all derivative rights in perpetuity. This is a red flag for a number of reasons, even if these rights are licensed non-exclusively
The SFWA Contracts Committee believes there are serious problems for writers with the non-compete and option clauses in many science fiction and fantasy publishers’ contracts. The non-compete language in these contracts often overreaches and limits authors’ career options in unacceptable ways.
Since being reinstituted last fall, the Contracts Committee has been focused on two main projects: a review of existing model contracts with the intent of revising them as needed and a response to member concerns with the Magazine of Fantasy and Science Fiction Contract.
