Thursday, January 12, 2012

HarperCollins vs. Open Road

In The January 11, 2012 issue of The Wall Street Journal, Jeffrey A. Trachtenberg tells us about HarperCollins and its upcoming battle with the e-publishing company, Open Road Integrated Media. At stake is a crucial question for all publishers: "...whether book contracts written before the digital age granted publishers digital rights, or whether those rights were retained by the author and could be sold to an e-publisher." He says that as long ago as the mid-nineties, publishers were taking pains to add specific clauses that guarded their right to publish an author's books as e-books. But what if they didn't, and took it for granted that the contract automatically covered e-books? Authors who find themselves in this predicament are fighting for their right to some of the lucrative profits from the Great E-Book Revolution by trying to buy back the rights from their old publishers so that they can either self-publish online or sell their newly-acquired rights to an e-book publisher like Open Road. To read more background and details, go to http://online.wsj.com/article/SB10001424052970203436904577153142705735660.html.

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