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Selling Book Rights: Part 1 “You miss 100% of the opportunities you do not take.” Presented by: Kait Neese & Seth Dellon www.KaitNeese.com www.BSBRD.com Webinar Details: Date: 01/27/2015 Start Time: 2:00 pm (EST) End Time: 3:00 pm (EST) *Live optional Q&A to be held after show. Selling Book Rights (Pt. 1) Presented By: Kait Neese & Seth Dellon www.KaitNeese.com www.Pubmatch.com 1

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Selling Book

Rights: Part 1“You miss 100% of the opportunities you do not take.”

Presented by: Kait Neese & Seth Dellon

www.KaitNeese.com www.BSBRD.com

Webinar Details:Date: 01/27/2015Start Time: 2:00 pm (EST)End Time: 3:00 pm (EST)*Live optional Q&A to be held after show.

Selling Book Rights (Pt. 1) Presented By: Kait Neese & Seth Dellon www.KaitNeese.com www.Pubmatch.com

1

Who We Are & Why Are We Qualified to

Talk About Selling Book Rights?

Kait Neese - CEO

Best Selling Books Rights & Distribution

www. BSBRD.com www.KaitNeese.com

Contact Information:

Twitter: @KaitNeeseEmail: [email protected]

Seth Dellon - Director of Product and Business Development

PubMatch

www.PubMatch.com

Contact Information:

Twitter: @pubmatchnetworkEmail: [email protected]

Moderator: Expert Speaker:

Selling Book Rights (Pt. 1) Presented By: Kait Neese & Seth Dellon www.KaitNeese.com www.Pubmatch.com 2

Agenda We Will Cover:

What Does a Foreign Rights Deal Look Like?

What Does Selling Foreign Rights Mean?

Breakdown of a Typical Rights Deal

Elements of a Foreign Rights Contract

Who Owns Your Book Rights?

How to Sell Foreign Rights

Preliminary Overview of Global Markets: Demands & Opportunities

Live Q&A

Selling Book Rights (Pt. 1) Presented By: Kait Neese & Seth Dellon www.KaitNeese.com www.Pubmatch.com 3

What Does a Foreign Rights Deal Look Like?

Case Study: Harry Potter Series

Foreign Rights Transaction Definition

- Specific Language

- Specific Format

- Specific Territory

Goal of Selling Foreign Rights = Grow Your Potential Market.

Selling Book Rights (Pt. 1) Presented By: Kait Neese & Seth Dellon www.KaitNeese.com www.Pubmatch.com 4

BIGGEST

MISCONCEPTION #1:

Fact: Just because your book is on Kobo or

Amazon does not mean they are accessible

worldwide and you have hit those global markets.

*AUTHOR

ALERT:

Selling Book Rights (Pt. 1) Presented By: Kait Neese & Seth Dellon www.KaitNeese.com www.Pubmatch.com 5

What Does Selling Foreign Rights Mean?

Helps you create local, accessible and available editions of your book specific to the

market you’re trying to reach.

This means selling the translation rights to your book so it can become published in an

additional language other than the one you originally released the book in.

Examples would be a Spanish version, Korean version, Chinese version or Japanese

version of your book

Selling Book Rights (Pt. 1) Presented By: Kait Neese & Seth Dellon www.KaitNeese.com www.Pubmatch.com 6

Selling Foreign Rights:

Breakdown of a Typical Rights Deal:

Main Financial Components To Look For:

- Net Advance

- Royalty Percentage

- Contract Term

Rights sales can range from $0 to $500 to

$500,000 in the form of an up front

advance plus an additional 8-15% royalty

(on average) for a period of 3 – 5 years.

The amount paid depends on the current

success of the book. As you might

expect, best sellers and those with robust

author platforms command the most

money.

Selling Book Rights (Pt. 1) Presented By: Kait Neese & Seth Dellon www.KaitNeese.com www.Pubmatch.com 7

Elements of a Foreign Rights Contract

Language

Territory

Formats

Term

Financials (discussed on previous slide)

Selling Book Rights (Pt. 1) Presented By: Kait Neese & Seth Dellon www.KaitNeese.com www.Pubmatch.com 8

When reviewing a

proposal (or contract) for

your book these are the

main negotiable items to

look for before you sign:

Who Owns Your Book Rights?

Did you Self-Publish?

- Then you do.

Did you traditionally publish your book?

- Then your publisher does.

What about after the sale?

- The buying part does for the term of your contract, but only for that specified territory,

language and/or format.

Selling Book Rights (Pt. 1) Presented By: Kait Neese & Seth Dellon www.KaitNeese.com www.Pubmatch.com 9

How to Sell Foreign Rights:

Publishers

Agents and Sub-Agents

Book Fairs

Digital Licensing Platforms:

Ex. = Pubmatch

Publishers Weekly

Amazon + LinkedIn

Selling Book Rights (Pt. 1) Presented By: Kait Neese & Seth Dellon www.KaitNeese.com www.Pubmatch.com 10

“New” vs. “Old” business

models for selling rights.

Preliminary Overview: Global Market Demands

China, one of the largest markets on the planet, has acquired the rights to over 13 thousand

foreign books each year since 2010.

90% of available children’s content in China is imported.

An estimated 75% of all Dutch books published in the Netherlands were originally published in

other languages.

Selling Book Rights (Pt. 1) Presented By: Kait Neese & Seth Dellon www.KaitNeese.com www.Pubmatch.com 11

Preliminary Overview: Global Market

Demands

The Publishing Industry in Spain spends nearly 40% of its collective rights budget on

acquiring foreign rights—a number that accounted for over $6 million in 2010.

Russia publishes over 14 thousand translated books annually.

14 to 17 percent of all books published in France Between 2009 and 2012 were acquired

via foreign rights deals.

Selling Book Rights (Pt. 1) Presented By: Kait Neese & Seth Dellon www.KaitNeese.com www.Pubmatch.com 12

Selling Book Rights Part 1

LIVE Q&A up next

On Demand Version – Will Email Shortly

THANKS FOR ATTENDING!!!

Selling Book Rights (Pt. 1) Presented By: Kait Neese & Seth Dellon www.KaitNeese.com www.Pubmatch.com 13