Re: meh deals and rights negotiations

Date: 2004-09-16 07:45 pm (UTC)
From: (Anonymous)
Hi again.

It's Bantam, a fantasy mystery, 8% start for MM, 10/12.5/15 for HC.

The bonuses are based on sales. Once I break $25k, I get a 50% addition to my advance for the following books (it's a 3 book contract) cumulative. So, if - by some miracle - both 1 and 2 earn $25, I get a $25k bonus. It's a bonus on my advance, but still a pretty cool thing. I believe my agent referred to it as "cascading" but the contract negotiation was over a year ago. A lot has happened since then and my memory isn't perfect. Separate listings in the contract (also cumulative, I believe) for HC and paperback.

Yep. Cover consult is in the contract. Met with my editor to discuss ideas, had some back and forth. They hired Les Edwards for the art and although I was thinking something more "bluish" it's gorgeous.

The best part - to me - was that so many of the rights, especially electronic, other media, merchandising and performance are 100% mine. My literary agent has a remarkable history of co-agenting to film and he immediately found additional representation with APA. We officially hit Hollywood this fall, after reviews come in.

I have looked all through my contract for marketing specifics - most seem to have to do with me and how I'm supposed to be available, yadda, yadda, yadda - but I can't find much else concrete. I do know tho that I've had several back-and-forths with the marketing department, the book is the feature selection for November, they sent out thousands of bookmarks to sales reps a few months ago, I have national print advertising, and my editor just talked to me yesterday about the second printing and pre-sales from Britain.

I know it's not a perfect contract, but for a new writer who has never published a single thing before, I think it's pretty cool. They got print, I kept everything else, and it suits me just fine.

Tam
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Michelle Sagara

April 2015

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