Simon & Schuster Changes The Rules: Goodbye Reversion of Rights!
It is a general rule of life that the party who drafts a contract is the party who benefits the most. Sure, it’s not a law or anything. Think of it as more of a guideline. Thus, when Simon & Schuster announced (in a quiet, not designed to stir the waters way) that it was changing its standard contractual language to retain rights to a book for the entire length of a copyright (expanded fairly regularly by our own Congressperson, Adam Schiff), nobody thought, “Hey, wow, that’s great for me!” Shouldn’t the author at least retain choice and decision-making authority […]
