In the first part of this article we looked at the wider book rights and licensing arena. In this post, I’d like to offer a snapshot of the most commonly traded rights.
Anthology and Quotation Rights
These are the rights for the publisher to grant permission for another publication to quote from or include your work in an anthology. The author would usually be consulted before this took place.
Audio Rights (Abridged)
The right to record a shortened version (you may get approval of the abridgement) of your book for sale on tape, CD or digital download.
Audio Rights (Unabridged)
The right to record the full, verbatim text of your book for sale on tape, CD or digital download.
Book Club Rights
Book Clubs such as The Book People and Scholastic Book Fairs receive high discounts from publishers for committing to a certain number of copies - as a result the terms agreed in your contract will be different to the terms for other book sales.