Foreign Rights, as well as translations into other languages, can be a great way to leverage the value of your manuscript – but do not expect large book sales numbers right away.
Revenue in royalties will be an advance and approximately 6 - 10% royalty of the retail price, minus a percentage for the agent. It's also a long-term project as it takes around 18 months until the book is translated and finally available online and in bookstores.
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Revenue in royalties will be an advance and approximately 6 - 10% royalty of the retail price, minus a percentage for the agent. It's also a long-term project as it takes around 18 months until the book is translated and finally available online and in bookstores.
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Foreign rights belong to your book's subsidiary rights. Like other sub-rights, such as audio, movies, book clubs, paperback reprints, electronic rights, foreign rights can be sold and separated from your book’s primary rights - which you totally own anyway as an independent author-publisher.
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Before you sign the contract:
Always first contact your national writers’ association for further information and get legal advice from a lawyer who is specialized in copyright. This could save you several thousand dollars - if not more.
Before you sign the contract:
Always first contact your national writers’ association for further information and get legal advice from a lawyer who is specialized in copyright. This could save you several thousand dollars - if not more.
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Let's Start With the Revenue You Get from Your Book’s Retail Price:Just the facts about earning possibilities for your book.
Let's Start With the Revenue You Get from Your Book’s Retail Price:Just the facts about earning possibilities for your book.
If you sell your book on your own website ca. 90 - 95%
Selling through Amazon, B&N, Kobo, Apple or other online retailers: up to 70%
Selling your manuscripts to a trade publisher, earns a (small) advance and ca. 8 - 10% royalties – but this will be subtracted from the advance and only if you “earn out” your advance, which means the book is really selling well, you receive royalties.
For most authors, the advance is all they really earn.
For most authors, the advance is all they really earn.
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If You Want to Let Your Book Translate in World LanguagesYou can certainly just translate your book and sell it through online retailers worldwide. Most spoken languages besides English (albeit not necessarily e-book readers) are Mandarin, Spanish, Hindi, Arabic, German, Russian, Russian, Portuguese, Bengali, Japanese according to Wikipedia.
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Start With Maximizing Your Foreign Presence - For FREETo maximize your presence in overseas Amazon Kindle stores, just set up an Author Central account in each of those country-specific sites where your book is available.
As Amazon divided the world in single countries, announce your Countdown Deals, new book launches or Free Kindle KDP Days in several languages: Order at http://www.Fiverr.com a short translation of 10 tweets in Spanish, French, German etc. for $5 / 200 words. The countries with the most usage of eReaders, according to a survey of Bookboon are USA, UK, Netherlands, Belgium, France, Germany, Austria, Switzerland, Denmark etc.
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As Amazon divided the world in single countries, announce your Countdown Deals, new book launches or Free Kindle KDP Days in several languages: Order at http://www.Fiverr.com a short translation of 10 tweets in Spanish, French, German etc. for $5 / 200 words. The countries with the most usage of eReaders, according to a survey of Bookboon are USA, UK, Netherlands, Belgium, France, Germany, Austria, Switzerland, Denmark etc.
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A good idea would also be to join ALLI
New rights services are growing up online to help authors meet rights buyers directly without having to travel to a book fair and using technology to extend reach. ALLi now has an arrangement with one of these, Pubmatch. Members have access to Putmatch's premium service through ALLI at a deeply discounted rate. Pubmatch will facilitate communication, data warehousing and the simplification of rights marketing for publishers, agents, authors, and others, making it the go-to place for the international publishing community to find new titles and new talent.
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New rights services are growing up online to help authors meet rights buyers directly without having to travel to a book fair and using technology to extend reach. ALLi now has an arrangement with one of these, Pubmatch. Members have access to Putmatch's premium service through ALLI at a deeply discounted rate. Pubmatch will facilitate communication, data warehousing and the simplification of rights marketing for publishers, agents, authors, and others, making it the go-to place for the international publishing community to find new titles and new talent.
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International Book Fairs:
Do not just turn up at an international book fair, hoping to sell your book. Meetings are arranged well in advance (4-6 months!) with acquisitions editors at international publishing houses.
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Do not just turn up at an international book fair, hoping to sell your book. Meetings are arranged well in advance (4-6 months!) with acquisitions editors at international publishing houses.
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Top Publisher for French Foreign Rights
If you want to talk about foreign rights with a French publisher one of the biggest in the world, Hachette who is also partnering with Phoenix Publishing & Media Group in China, holds a 25% share of Atticus in Russia.
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If you want to talk about foreign rights with a French publisher one of the biggest in the world, Hachette who is also partnering with Phoenix Publishing & Media Group in China, holds a 25% share of Atticus in Russia.
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Top Publisher for Spanish Foreign Rights - Good for book sales in the USA too!
Planeta leads the world's Spanish-language publishing markets in Spain and Latin America. The company has further strongholds in Portugal and France, where it owns Editis, the country’s second-largest group. Grupo Planeta is present in 25 countries, with more than 100 imprints and a catalog of 15,000 titles.
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Major agencies, specialized in Foreign Rights:
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Choose your foreign rights agent carefully!Most agents charge 20% (or sometimes even 25%) on foreign sales. This 20% rate is justified because normally two agents are involved (the 2nd one is in the foreign country), and they end up splitting the commission. If you are not represented already, why not try to find agents or even publishers yourself in other countries, especially if you speak more than one language?
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Choose your foreign rights agent carefully!Most agents charge 20% (or sometimes even 25%) on foreign sales. This 20% rate is justified because normally two agents are involved (the 2nd one is in the foreign country), and they end up splitting the commission. If you are not represented already, why not try to find agents or even publishers yourself in other countries, especially if you speak more than one language?
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There are things to watch when negotiating foreign rights deals – hopefully, an agent will keep an eye on these, but it’s worth knowing about it:
The term of the deal:
Five years is most common, anything longer then you should be expecting a premium from the publisher.
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Five years is most common, anything longer then you should be expecting a premium from the publisher.
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Country / Territory for the contract:
You might sign away Portuguese language rights without realizing that it will include publication in Brazil and Mozambique, Angola, Macau, Cape Verde etc. Also, giving worldwide Spanish language rights could cause friction with any United States publishing deal, as there is a large Spanish reading audience in the US.
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You might sign away Portuguese language rights without realizing that it will include publication in Brazil and Mozambique, Angola, Macau, Cape Verde etc. Also, giving worldwide Spanish language rights could cause friction with any United States publishing deal, as there is a large Spanish reading audience in the US.
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Tax situation in your and the potential publishers country: While there are now many treaties which allow for the uninhibited flow of money between countries, you could lose some of your advances to a foreign government’s tax.
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Before Signing a Contract with an Agent or a Publisher
How can an author tell if the company is good with foreign rights? Ask about their previous sales! Contact authors who work with that publisher or agent and ask them about their experience. It’s also possible to find out the name of foreign publishers and go to their websites and see what books they have recently published.
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How can an author tell if the company is good with foreign rights? Ask about their previous sales! Contact authors who work with that publisher or agent and ask them about their experience. It’s also possible to find out the name of foreign publishers and go to their websites and see what books they have recently published.
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Find out what authors the agency represents overseas, then ask those authors about their own experiences.
Again, foreign rights are only a portion of an author’s income, so that’s something to bear in mind.
Check your agreement with a translations rights agent carefully. Never, ever! give world rights away as standard, and you should also insist on a large upfront payment.
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Again, foreign rights are only a portion of an author’s income, so that’s something to bear in mind.
Check your agreement with a translations rights agent carefully. Never, ever! give world rights away as standard, and you should also insist on a large upfront payment.
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Read more:
How to Sell Foreign Rights
http://savvybookwriters.wordpress.com/2013/04/28/how-to-sell-foreign-book-rights/
http://savvybookwriters.wordpress.com/2013/04/28/how-to-sell-foreign-book-rights/
In Gwen Ellery’s article are tips from foreign agents about the cultural difference - something very important!
http://www.gwenellery.com/your-books-foreign-rights/
http://www.gwenellery.com/your-books-foreign-rights/
John Penberthy, a successful writer, who searched the internet, found contact addresses of agents in other countries and contacted them directly.
http://axiomawards.wordpress.com/2008/09/05/selling-foreign-rights-around-the-world/
http://axiomawards.wordpress.com/2008/09/05/selling-foreign-rights-around-the-world/
Morris Rosenthal gives also great, detailed tips in his article about book contracts.
http://www.fonerbooks.com/contract.htm
http://www.fonerbooks.com/contract.htm
Importance of Foreign Rights
http://www.columbinecommunications.com/articles/the-importance-of-foreign-rights/
http://www.columbinecommunications.com/articles/the-importance-of-foreign-rights/
How You Can Sell your Rights or Split Your Book into Single Articles:
http://savvybookwriters.wordpress.com/2012/04/02/why-you-should-split-your-book-apart/
http://savvybookwriters.wordpress.com/2012/04/02/why-you-should-split-your-book-apart/
John Kremer sells helpful lists and reports for authors and an e-book with an extensive list of foreign rights agents http://www.bookmarket.com/foreign.htm
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German Publishers Who Are Buying Foreign Rights:
Verlagsgruppe Droemer Knaur GmbH & Co. KGHoltzbrinck VerlagsgruppeHilblestraße 54
D-80636 Münchenhttp://www.droemer-knaur.de/foreign-rights
service@holtzbrinckverlage.de
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Bertelsmann Verlag
Verlagsgruppe Random House
Rights Department/Lizenzabteilung
Neumarkter Str. 28
D-81673 München
http://www.randomhouse.de/foreignright/foreignrightindex.jsp
lizenzen@randomhouse.de
Verlag Klaus Wagenbach Emser Straße 40/41 10719 Berlin-Wilmersdorf http://www.wagenbach.de Vertrieb Nina Wagenbach n.wagenbach@wagenbach.de
Langen Müller Verlag + Herbig VerlagPfizerstr. 5-7 70184 Stuttgarthttps://www.herbig.net
Belletristik, Biografien, Zeitgeschichte, Ratgeber, Populäres
Sachbuch, Musik, Theater, Bildbände, Reiseliteratur, KochbuchForeign Rights - Elke Kienzle, Foreign Rights Managere.kienzle(at)kosmos.de
Verlag Antje KunstmannMunich, Germanyhttps://www.kunstmann.de/
Verlag
Independent publishing house founded in 1976 publishing international fiction and non-fiction as well as audio-books, illustrated and gift-books.
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