What To Remember Before Signing A Contract For A Novel


While signing a novel contract, the publisher will have all the capability of turning the novel into a movie.

In most cases, your publisher will benefit most if your novel is highly demanded by any television or cinema. As the sales increase, he will utilize this opportunity to make some money. To prevent all this, don’t opt for any agreement that allows the publisher to have a portion in any deal made with the television.

However, if you have a feeling that your novel won’t attract so much attention from Hollywood, then you can sign a contract with your publisher in which they can also have some rights to enjoy the fruits of the novel in case it hits the centre stage of the movie industry.

This means that the publisher has to keep you updated on what is going on by sending two royalty statements on your desk every year. This has to happen every after six months of the disclosing period from which you have to receive the statements 90 days after.

This statement summarizes the number of sales the novel has accumulated plus the number of novels that are still on sale. The publisher might be prompted to keep with some part of the royalty if some copies were not bought from which he has to come up with the payment.

The money you are supposed to get as advance will be used on the impending royalties of the two periods hence you won’t be able to get any payment in that period of time. The money will start coming in when the royalties are more than the advance you were supposed to get.

If you decide to settle for this contract, then you will be able to get two royalty statements every year basing on how the publisher is selling the novels.

You shouldn’t sign a contract that gives you royalty only when the novel has sold more than its advance because you won’t benefit at all.

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