Sunday, December 2, 2012
Publishers brace for authors to reclaim book rights in 2013; paidContent, org, 11/27/12
Jeff John Roberts, paidContent.org; Publishers brace for authors to reclaim book rights in 2013: "Termination rights are not a new idea and have been the subject of famous court cases involving John Steinbeck, Lassie and Superman. The difference is that these older cases are based on a pre-1978 law that often required an author to exercise renewal rights which, in many cases, the author had signed away. The new law has fewer such loopholes and will also mean that what has been a drip-drip of old copyright cases could turn into a flood as nearly every book published after 1978 becomes eligible for termination. The 1978 law also means a threat to the back list of titles that are a cash cow for many publishers."