Sentences with phrase «discount clause»

Quite a long time ago, I think in the 1980s, an agent brought and won a suit regarding the deep discount clause.

Why would this same 16 % increase not also apply to how much the author earns (unless there is some special discount clause in the traditional publishing contract that lowers their royalty — they wouldn't dare do that — would they)?

A standard deep discount clause looks something like this: «On copies of the Work sold by the Publisher at a discount of greater than 55 % from the publisher's retail price through channels outside of ordinary retail trade channels, the author will be paid a royalty of 15 % of the Publisher's net proceeds.»

And depending on discount clauses which lower the amount an author gets by a great deal.

(Discount clauses means that if a book sells at high discount to WalMart, you get less percentage or no percentage.

Authors should pay special attention to deep discount clauses, which allow publishers to sharply reduce, even halve author royalties, if the sale price falls below a set percentage of the cover.

And with Borders gone and B&N cutting back and discount clauses in contracts giving writers less money for their book sales to Costco and Wall - mart, the money will just get worse even at bestseller levels.

I can't confirm that this actually happened, but I do know that the discount clauses were a concern among writers and agents at the time, and that it was not something publishers were willing to negotiate on.

(By the way, does your agent understand this and negotiate your contract's high - discount clause in your favor?)

Can you look at their contract offers, does it have the clauses to protect you, allow you to assign, built - in extensions, discount clauses, hybrid agreement, substation of collateral language and other terms to further your investment career.