Posts from the ‘FYNBOSSPRESS’ Category

When do you need a contract?

Welcome to the business of monetizing intellectual property.* No, you’re not in a different dimension or that nightmare of a class where you showed up for the test without studying (or clothes). I say again, welcome to writing and publishing.

What is a story? What is a nonfiction book, or a work of art? The writerly answer may be that it’s a form of communicating facts and emotions to an audience. The business answer is that it’s intellectual property, and intellectual property is something you can resell again and again to many audiences, in may formats. For art, the original may be an oil painting, but it can be resold as a poster, a fine art print, a t-shirt, a mousepad, a desktop background, or a book cover. For a story, it might have been written on paper (or not), but you can license or sell it as a paperback, as a hardcover, in English, in Polish, in ebook, in Indian translation, in audio, as the basis for a movie, a play, or tv show, or all of the above. As long as you hold the copyright, you can license the IP to anyone you want, or not, for any terms you can come to mutual agreement on how long, and for how much.
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