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Thread: How much would you sell the rights to your book for?


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Permlink Replies: 7 - Pages: 1 - Last Post: Sep 27, 2017 10:22 AM Last Post By: robert d dorazi
russtyboy

Posts: 69
Registered: 01/17/12
How much would you sell the rights to your book for?
Posted: Sep 25, 2017 8:12 AM
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Imagine that Hollywood came calling and wanted one of your books for a film or something, how much would you sell the rights for? curious.
Emily Veinglory

Posts: 3,279
Registered: 04/25/13
Re: How much would you sell the rights to your book for?
Posted: Sep 25, 2017 8:14 AM   in response to: russtyboy in response to: russtyboy
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You normally start by selling an option, that is not the final figure. I would research what was reasonable rather than just making up a number.
Joseph M Erhardt

Posts: 4,315
Registered: 12/21/15
Re: How much would you sell the rights to your book for?
Posted: Sep 25, 2017 8:18 AM   in response to: russtyboy in response to: russtyboy
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IF Hollywood ever called me, the first thing I'd do is be sure I registered the copyright(s) of the work(s) in question.

The second thing I'd do is get an agent versed in that kind of negotiation. And if the offer is from a legitimate company, that
would not, at that time, be difficult.
russtyboy

Posts: 69
Registered: 01/17/12
Re: How much would you sell the rights to your book for?
Posted: Sep 25, 2017 8:30 AM   in response to: Joseph M Erhardt in response to: Joseph M Erhardt
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How do you register the copyright? does that happen by virtue of it being available on Create Space as a book?
Jonathan B

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Registered: 10/23/12
Re: How much would you sell the rights to your book for?
Posted: Sep 25, 2017 8:35 AM   in response to: russtyboy in response to: russtyboy
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I'd never thought much about film options, only knowing about one writer who had one (not counting my great aunt who had a movie made from her book back in the 1940's). However, last month, I was able to learn much more about options. Many of the writers I knew had them (I just hadn't been aware of it), and I was able to talk at length with a producer who'd optioned many books (and is now making a movie from one of them). The range of numbers paid for them were between $5,000 and $50,000. The nice thing about them was that in many cases, the options just kept getting renewed.

I don't see an option on my horizon, but I'd sure accept one if it came a'calling.
Joseph M Erhardt

Posts: 4,315
Registered: 12/21/15
Re: How much would you sell the rights to your book for?
Posted: Sep 25, 2017 8:46 AM   in response to: russtyboy in response to: russtyboy
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russtyboy wrote:
How do you register the copyright? does that happen by virtue of it being available on Create Space as a book?

Start reading here:

https://www.copyright.gov/registration/

Physical book registration has one price. E-book registration can be done on-line and is $35, I think. Do note that many here don't bother with the registration until things become interesting, or until they begin reaping some actual bucks from their writing.
booknookbiz

Posts: 3,948
Registered: 03/04/10
Re: How much would you sell the rights to your book for?
Posted: Sep 25, 2017 5:45 PM   in response to: russtyboy in response to: russtyboy
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russtyboy wrote:
Imagine that Hollywood came calling and wanted one of your books for a film or something, how much would you sell the rights for? curious.

$49.95 and a lifetime supply of Payday bars.

Hitch
robert d dorazi

Posts: 576
Registered: 04/20/14
Re: How much would you sell the rights to your book for?
Posted: Sep 27, 2017 10:22 AM   in response to: russtyboy in response to: russtyboy
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Hi Rustyboy

Is it not customary to ask for an upfront fee and then a % on the gross benefits of the film?
Now, if you sold 1000000 of your book, the producers who contact you won't be the same as those who will contact you if you sold 100000 of them, and again won't be the same as those who would contact you if you sold 100 (in which case anyway I don't see how someone from Hollywood would contact you, except if your name is B. Hiller :) ). So the amount of money you'll be able to ask won't be the same either.
But if Spielberg calls you personally, and offers you no money but is willing to take an option on your book, then go for it! I would!!! :)

Robert

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