Advantages Great Way To make More Money
Disadvantages Needs A Lot of research
Know Your Rights- a guide to selling international rights to your work
by John Dunne
One piece, an interview with a local scientist sold well inBritain and Australia, but bombed in the rest of the world.So when I received a letter from the British trade magazinewhich had bought the first British rights for £250, asking for World Exclusive rights so they could publish it in theirSpanish language sister publication I was very tempted. I'd heard all about the dangers of selling all rights to your writing, but I figured the piece had sold as much as it was going to and the extra £300 they were offering would come in handy, and there was the added bonus of the new notch on my keyboard of having my first Spanish languagetranslation.. Have you guessed the rest? The story was reproduced six times in Lain America and the Philippines, and worse,the BBC world service which had ignored it in Britain picked it up and decided it was good documentarymaterial.Over the next five years it was used as the basis for a TV and two radio documentaries . The former has been repeated several times in Britain and sold to many (I have no idea of how many) TV channels around the world. Of course, as I'd sold All Rights, I received nothing.
This early lesson in the value of retaining your rights to your work led me to learn which rights to sell where and which to hold on to,regardless of the editorial pressure. Consider your resale markets before you write the initial article. As you write underline words which will have to bechanged to suit British or American English language markets.This
will help keep you focused on which rights you areselling. You can take this one step further by targeting specific magazines which break the trend, such as those American and Canadian markets which use British English and the African and Australian markets which use American English.
You could, but you might then find it difficult to resell it in Canada. Better to sell the First United States Rights and the First Canadian Rights separately. You may have to be prepared to accept a slightly lower rate for the FUSR but being able to resell it again in Canada will more than compensate you. By selling the individual national rights you will make moresales and more money.Subjects such as travel, true life stories, self-improvement, health, scientific and technical advances and fiction travel well and with little need for amendments to suit language and culture. Just go to a map of the world stick a pin it and you are likely to find another set Rights you can sell.
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