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A book publishing contract is a contract between a book publisher and an author. Here, a publisher agrees to publish the book of the author and sets out the terms and conditions for accepting the deal in the form of a written agreement.
Book contracts are drafted as per the requirements of both parties. However, there are certain essential elements of a book publishing contract:
This section specifies the parties for whom this contract is drawn - the book publisher's name, author’s name, and genre of the book published.
Specify the nature of the work and the kind of book to be published by the author. It is essential to include this clause in the publishing agreement to avoid any future misunderstandings between the parties.
In this section, mention the details regarding the original manuscript draft shared by the author. If there are any changes to be made in the manuscript, the author should clearly specify to the publisher. Also, mention the exact delivery date on which the author delivers the completed manuscript to the publisher.
Grant of rights refers to the rights specifically granted to the publisher by the author:
The ownership of the book is legally in the hands of the author. This section mentions the ownership being transferred partially or completely to the publisher for publishing purposes after obtaining the author's consent and signing the agreement.
This section specifies the responsibilities of both parties in case any conflicts arise during the publication process. For example - if there is any loss incurred or if the publisher fails to abide by the obligations during the publishing agreement, mention the compensation as well as the protection of financial burden between the parties.
In the publishing contract, the payments are divided into two sections - royalties and the advance amount. Royalty payments refer to the amount paid to the author for the number of copies being sold. Advances refer to the amount paid to the author on the value of the book.
The publisher must clearly state the future royalties and the advance amount that will be received by the author in the publishing agreement. You can create a pricing table for a clearer understanding of payments.
This section mentions the necessary contract terms - subsidiary rights, cancellation policy, termination, arbitration, etc., that are required in a book publishing contract to avoid any future conflicts between the parties.
Finally, add signature blocks for the publisher and the author. This is where both parties agree to the terms of the contract and close the deal with signatures.
The procedure involved in book publishing contracts is as follows:
Revv is an intelligent document automation and eSignature platform to streamline business operations. Its incredible features help you speed up the drafting process and seamlessly create a customized contract as per your business needs.
Revv’s ready to use book publishing contract template is vetted by legal professionals and drafted carefully. It can be customized as per the author’s and the publisher’s requirements, without any code. Now, no more worries about drafting the contract from scratch.
With Revv’s drag-and-drop editor, editing documents is a cakewalk. All you need to do is just add/remove the text blocks, images, page breaks, etc., as per your book publishing contract. This helps in drafting the contract in a more effective manner.
Now you can easily collaborate with your team members within the document and avoid the hassle of email exchanges. With Revv’s collaboration feature, both parties can communicate within the documents by tagging, comments, and attachments.
Revv’s activity tracker helps in tracking the whole document in real time. Through this feature, the user gets insights into who has viewed, rejected, and accepted the contract.
Revv’s eSignature feature helps in accelerating the signing process. Both parties have to just eSign the document with a click to turn the document into a legal book publishing contract.
A standard book contract deal is an agreement between the author and the publishing company. It includes certain rights and obligations between the parties and also the money to be paid to the author.
Depending on how good the book is and based on the book sales, the author earns money from it. The payment is typically given in the form of future royalties and advances.
A trade paperback is a soft-bound book that is mainly more expensive than a mass-market paperback and is sold in bookstores. It also has a thicker cover than the mass-market paperback.
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