Publishers brace for authors to reclaim book rights in 2013
November 27, 2012
A copyright law that lets authors break contracts after 35 years will start taking effect in January. The law, which is meant to give authors like Stephen King and Judy Blume a “second bite at the apple,” could provide yet another disruption for traditional publishers. While authors have the option to bolt their publisher, many may prefer to simply seek a sweeter deal rather than fly solo or risk triggering a lawsuit. And, as Law360 notes, there may be only a relative handful of works that are valuable enough to justify expending millions in legal fees.
Publishers brace for authors to reclaim book rights in 2013