Author Topic: Author-agent contract questions  (Read 3326 times)

Offline meddyK

  • Hero Member
  • *****
  • Posts: 1107
  • Karma: 281
    • The Word is My Oyster
Author-agent contract questions
« on: September 01, 2011, 06:18:13 PM »
I know that 15% agent fee is standard, as is a higher fee (20-25%) for foreign rights if they use a sub-agent.
What about merchandising rights and film rights?

I'm wondering if 30% merchandising and 20% film rights are standard. Are they are usually included in an agent-author agreement?

Thanks in advance. Contracts make me nervous!
My blog: http://lydiakang.blogspot.com
I'm on Twitter! http://twitter.com/LydiaYKang
Website: http://lydiaykang.com
CONTROL (YA sci-fi) Dial/Penguin, December 2013
CATALYST (Control #2) Kathy Dawson Books, Fall 2014
Repped by Eric Myers of the Spieler Agency

Offline kitforbes

  • Newbie
  • *
  • Posts: 20
  • Karma: 11
Re: Author-agent contract questions
« Reply #1 on: September 01, 2011, 10:36:23 PM »
I don't a copy of the agreement I had last time around but I dug up an older agency contract and your numbers seem right.

Your mileage may vary etc. :)

Offline meddyK

  • Hero Member
  • *****
  • Posts: 1107
  • Karma: 281
    • The Word is My Oyster
Re: Author-agent contract questions
« Reply #2 on: September 02, 2011, 10:44:37 AM »
Thanks Kit! Karma.  :)
My blog: http://lydiakang.blogspot.com
I'm on Twitter! http://twitter.com/LydiaYKang
Website: http://lydiaykang.com
CONTROL (YA sci-fi) Dial/Penguin, December 2013
CATALYST (Control #2) Kathy Dawson Books, Fall 2014
Repped by Eric Myers of the Spieler Agency

Offline QuietWriter

  • Hero Member
  • *****
  • Posts: 404
  • Karma: 94
Re: Author-agent contract questions
« Reply #3 on: September 03, 2011, 01:21:21 PM »
I'd have to dig out my contract, but that sounds about right to me, too.

Offline meddyK

  • Hero Member
  • *****
  • Posts: 1107
  • Karma: 281
    • The Word is My Oyster
Re: Author-agent contract questions
« Reply #4 on: September 06, 2011, 07:32:26 PM »
Thanks Magpie. Karma.
My blog: http://lydiakang.blogspot.com
I'm on Twitter! http://twitter.com/LydiaYKang
Website: http://lydiaykang.com
CONTROL (YA sci-fi) Dial/Penguin, December 2013
CATALYST (Control #2) Kathy Dawson Books, Fall 2014
Repped by Eric Myers of the Spieler Agency

Offline GennAlbin

  • Hero Member
  • *****
  • Posts: 359
  • Karma: 69
    • the blog
Re: Author-agent contract questions
« Reply #5 on: September 10, 2011, 12:56:56 AM »
hmmm, pretty sure mine doesn't list merchandising, but my foreign is 20% and my film is 15%
CREWEL - coming from Farrar, Straus, and Giroux in Oct. 2012
"And time yet for a hundred indecisions,   
And for a hundred visions and revisions..."

Offline Kimmy

  • Hero Member
  • *****
  • Posts: 3529
  • Karma: 530
    • My Facebook Page
Re: Author-agent contract questions
« Reply #6 on: September 10, 2011, 05:46:42 AM »
Meddy, if you fish around a few of the larger agency sites some post this info. It does sound like what I've read too :)
Kimmy :)

Triangles--Spencer Hill Press, 2013
Lost Reputation--Evernight Teen, 2016
Parallel Triangles--Evernight Teen, 2017
@KimberlyAnnNJ
https://www.facebook.com/kimberly.a.miller.180
https://www.goodreads.com/author/show/5820784.Kimberly_Ann_Miller

Offline Kimmy

  • Hero Member
  • *****
  • Posts: 3529
  • Karma: 530
    • My Facebook Page
Re: Author-agent contract questions
« Reply #7 on: September 10, 2011, 07:25:14 AM »
Hey Meddy, this is from Waterside's website - just the part you are looking for:

Waterside Productions, Inc.   
Literary Agents 
                                                                                 AUTHOR-AGENT AGREEMENT


(3) You will receive for me all monies due from my literary and/or software rights marketed in the United
States, its possessions, and Canada; as your agency commission, you are to retain fifteen percent (15%) of
monies so collected except in the case of a distribution contract on which the agency commission retained
is ten percent (10%) of monies collected, and in the case of a film rights contract on which the agency
commission retained is twenty percent (20%) of monies collected.
(4)  You are to market my literary rights in England and the British Commonwealth of Nations and all
foreign   language   markets   direct   and/or   through   co-agencies   on   which   the   total   agency   commission   is
twenty five percent (25%)
Kimmy :)

Triangles--Spencer Hill Press, 2013
Lost Reputation--Evernight Teen, 2016
Parallel Triangles--Evernight Teen, 2017
@KimberlyAnnNJ
https://www.facebook.com/kimberly.a.miller.180
https://www.goodreads.com/author/show/5820784.Kimberly_Ann_Miller

Offline Kimmy

  • Hero Member
  • *****
  • Posts: 3529
  • Karma: 530
    • My Facebook Page
Re: Author-agent contract questions
« Reply #8 on: September 10, 2011, 07:35:58 AM »
I flipped around through a few sites and theirs is the only one I see this posted for the world! But I also found this:

How much do agents charge?

This varies from agent to agent. Typically, agents receive a 15 percent commission on the books they sell and everything relating to that book, such as excerpted magazine articles, audio tapes and films (but not speeches and personal appearances). Agents usually receive 20 percent for overseas sales.

But there are variations on that theme. A small number of agents charge a reading fee just for looking at your work. Many literary agencies charge for long distance phone calls, photocopying, messenger services and other incidental expenses made on the author's behalf. These are costs you should ask about before you work with an agent. Sometime agents bill authors directly for these expenses; sometimes these charges are deducted from the authors' payments.

Still other agents don't always charge a commission; instead they review and market your proposal on a hourly fee basis, earning a fee regardless of whether they sell your proposal or not.

Most literary agencies also receive a 20 percent commission on foreign sales because they have to give a portion of the commission to the overseas agent.

Some agents are also "book packagers," agents who develop book ideas and put the idea (in the form of a proposal) together with a writer and publisher. For this, these agents can receive up to a 50 percent commission.
Kimmy :)

Triangles--Spencer Hill Press, 2013
Lost Reputation--Evernight Teen, 2016
Parallel Triangles--Evernight Teen, 2017
@KimberlyAnnNJ
https://www.facebook.com/kimberly.a.miller.180
https://www.goodreads.com/author/show/5820784.Kimberly_Ann_Miller

Offline meddyK

  • Hero Member
  • *****
  • Posts: 1107
  • Karma: 281
    • The Word is My Oyster
Re: Author-agent contract questions
« Reply #9 on: September 10, 2011, 12:53:07 PM »
Thanks Kimmy! I tried finding stuff myself but this is super helpful.  :)
My blog: http://lydiakang.blogspot.com
I'm on Twitter! http://twitter.com/LydiaYKang
Website: http://lydiaykang.com
CONTROL (YA sci-fi) Dial/Penguin, December 2013
CATALYST (Control #2) Kathy Dawson Books, Fall 2014
Repped by Eric Myers of the Spieler Agency

Offline Kimmy

  • Hero Member
  • *****
  • Posts: 3529
  • Karma: 530
    • My Facebook Page
Re: Author-agent contract questions
« Reply #10 on: September 10, 2011, 01:06:39 PM »
Glad to help. Unfortunately, the only agent site I found (I browsed about ten this morning) to have that info up front was Waterside, and I remembered seeing that when I queried them. If I see anything else I will pass it along!
Kimmy :)

Triangles--Spencer Hill Press, 2013
Lost Reputation--Evernight Teen, 2016
Parallel Triangles--Evernight Teen, 2017
@KimberlyAnnNJ
https://www.facebook.com/kimberly.a.miller.180
https://www.goodreads.com/author/show/5820784.Kimberly_Ann_Miller