A Publisher's Conversation with Authors: What Does My Contract Mean and Should I Sign It? -- Initial Verbiage and Paragraph 1 (Rights)
It is Tuesday. Time to tall turkey. Monday's madness is over, and Wednesday will take us over the hump, so Tuesday it is--for some serious discussion with authors. Tuesday talks mean to address authors in waiting and self-published authors who would like to go a more traditional route or who would at least like to take their steps with a publisher by their side. Today's topic addresses contracts -- what is a good one, what is a bad one, and what do the specialized terms actually mean? I will answer these questions in a series of posts, using, to start, our contracts, and will go through them paragraph by paragraph. Then, I will look at some other publishers' contracts for differing. So, for today, let's take paragraph 1 (all paragraphs are numbered in a contract; that makes it easier for refer formally and legally to specific clauses). Before paragraph 1; Name of the publishing company The words, MEMORANDUM OF AGREEMENT, or something similar, establishing that this i...