![]() There will likely also be a clause in your contract about what happens if the publisher is acquired by another company-usually the publisher gets the right to transfer your contract to the new owners. ![]() Your contract may include a termination clause that reverts all rights in the book to you on the publisher’s bankruptcy and you want to check that you get to keep any advance monies already paid in that situation. While it is extremely unfortunate if your publisher goes out of business prior to publishing your book, it does happen and there are usually contract clauses that provide for who gets what rights and what money if this does occur. Publisher Goes out of Business or is Acquired by Another Company The main situations are:ġ/ the publisher goes out of business or is acquired by another company and the new owners don’t want to proceed with publication Ģ/ the publisher is not satisfied with the final draft of your manuscript or,ģ/ the publisher is concerned about market factors that might lead to poor sales or reputational harm. There are a number of reasons why a publisher may decide not to publish your work, even after signing a contract for it. ![]() ![]() While this is obviously a matter of contract law-and contracts vary between publishers and between projects-the following is an overview of the types of situations that can arise and the issues you should check in your contract, preferably before you sign it! I’ve heard a lot of questions lately about what happens if your publisher decides not to publish your book after signing a contract with you. ![]()
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