Friday, November 9, 2007

Show Me The Money

Jessica Faust at BookEnds, LLC has a great post about how much money you should expect your book to sell for.

The Strike and Publicity

An interesting article from today's Publisher's Weekly Daily about authors losing valuable air time since shows like The Colbert Report and The Daily Show have shut down because of the strike.

I've been strike-crazy this week, so this will be my last post on the subject unless something happens.

Wednesday, November 7, 2007

I Wrote About It First

Josh Getlin in the LA Times talking about the effect of the strike on publishing.

WGA Strike and Film Options Continued

Another interesting point is whether or not agents will be able to to sell options for books to studios in the first place since studios won't be able to hire writers to develop the screenplay.

And according to today's Variety, it looks like a quick resolution isn't going to happen. If you only like reruns and reality TV it looks like 2008 is going to be a great year for you.

Tuesday, November 6, 2007

WGA Strike and Film Options

You might be aware that the Writers Guild of America has gone on strike (Tina Fey on strike, below). There are a number of issues involved, but the most significant seems to be royalties for new media (such as DVD sales).

The strike will affect Hollywood in a multitude of ways. Late night talk shows will be the first ones hit and will likely shut down immediately. Soap operas and current series are next, but will probably make it through the year since they've filmed episodes in advance. The film industry is a bit better off as they'd been collecting new material over the past year in anticipation of the strike. However, once these films go into production problems will arise when the inevitable script revisions are needed.

Authors will feel the affects of the strike as well, both directly and indirectly. Probably the most direct affect will occur in regard to film options for your work. If your work is already under option but the term is set to expire soon, in most cases the licensee will be able to extend the option without paying an additional fee as a result of the force majeure clause found in almost all option agreements. This clause deals with acts outside of the parties' control which delay performance of the agreement, such as war, "acts of God", or strikes. Since producers engage screenwriters to develop a script based on a book in order to sell the project to studios, the strike prevents them from properly pursuing their option. In such cases the licensee can extend the option without payment for an additional period, typically 6 months.

Monday, November 5, 2007

There's Something in the Water

I received over 200 queries via email over the weekend - definitely a record. I requested partials on two.