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Understand Your Contract by Albert Kelly





Article Author Biography
Understand Your Contract by
Article Posted: 11/27/2012
Article Views: 24
Articles Written: 180
Word Count: 891
Article Votes: 0
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Understand Your Contract


 
Education
When Arabella Magazine notified me they were buying "Popcorn Murders" I was ecstatic. After all, everyone was vying to be published in that magazine. Then they told me to "look out for the contract soon". My elation soon turned to terror. I knew nothing about contracts! And I sure wasn't going to hire a solicitor to look the contract over - particularly for a short story contract - so I learned to read the contract myself. Not a good thing I'm told, but how many writers have the money to rush out and hire a solicitor every time they receive a contract? (The majority of publishers issue contracts for each and every piece they buy these days.) I've now got a bulging file with all my contracts, and if I'd hired a professional each time, I'd be down a lot of money, believe me. The information in this article is not intended to replace your solicitor or legal representative; it is meant only as a guide. (Some writer's organisations will help you with this as part of your annual fee.) Things that should be included in your contract: Scheduled date of publication Word count of ms Title of Story Author's name Rights Sold Fee (either per word, or for complete works) Legal obligations of each party Kill Fee (if any) Ownership of Copyright Mediation and Arbitration (if dispute arises) Some of the above are self-explanatory, so I won't go into those at all. Others can be quite confusing, so we'll look at each one individually. Rights sold: This can vary from publication to publication, and must be checked thoroughly. Never agree to sell 'All Rights' as this means you can NEVER sell the work again. Ever. With Arabella, I sold first rights, with a clause that I would not allow the story to be re-published anywhere within thirty days of publication. That meant I was free to resell it any time I wanted after the thirty days. So let's look at rights: First rights means it's the first time the story has been published. Second rights means it's the second time it's been published, and so on. However, there can be a variation to this. You can sell (for instance) first Australian Rights, or First US Rights, First World Rights, etc. The same applies for second and/or subsequent sales. Be absolutely sure what rights you are selling when you check your contract. All Rights: As mentioned above, selling 'all rights' is not a good thing. Basically, you can never sell your story again - not in any shape or form. There is only one way I would do that, and that's if I was paid mega bucks. But, there's a catch. (Isn't there always?) If you sell 'all rights' in a book contract - for instance - you can lose a lot of money by doing so. Let me tell you a story: a friend sold her novel to a new publisher in the UK. Her contract stated she was selling them 'all rights'. This was her first sale, and she accepted that. Around a year down the track, the publication went bust; her novel went down the gurgler with the publisher. That was two years ago. She recently found out that her book has been released in large print. That's good, right? Well, no. Because she sold 'all rights' so got absolutely nothing for the subsequent sale. And if anyone ever decides to make her book into a movie, the same will apply. Never sell 'all rights' if you can help it, unless, as I said before, you are being paid mega bucks. Kill Fee: A 'kill fee' is literally the fee you get if the publication 'kills' the story. That is, they decide not to use it after all. A 'kill fee' may also apply if an editor of the publications asks you to do rewrites that you feel misrepresent your own opinions, or in the case of a piece of fiction, distorts the story. I know someone who had the latter happen, and as he didn't have the kill fee clause, asked the publication to use a pen name instead of his own. Copyright: It is extremely important that writers understand copyright laws. If you don't, then please, go out and do some research. In the case of your contract, it should always state that ownership remains with the author. If it doesn't, you probably have a problem. If you've sold 'all rights' then ownership is no longer yours. Publication Date: Many contracts will state the date that the publication expects to run your story. They may even give an end date. In my contract with Arabella, it stated that if the story was not run (published) within twelve months, the rights reverted back to me, and I still got to keep the payment. Strange as it may sound, it actually does happen. I have another friend who sold a story to a major women's magazine in Australia, and two years after she sold it, the story still hadn't run. She called them, and was told they'd 'lost' the story. They sent her a letter of confirmation that the rights had reverted back to her. And yes, she sold it again - as 'first rights' again, since it was never published.

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