CALIFORNIA PUBLISHING POWER ATTORNEY TELLS HOW LITERARY SUPER AGENTS USE AUCTIONS TO SELL MANUSCRIPTS TO BOOK PUBLISHERS
Filed Under : Literary by maureen
May.1,2012
When a literary agent knows he or she has a property that will entice multiple publishers due to the celebrity status of the author or based on the marketability or newsworthiness of the project, most top literary agents today will either immediately notify the publishers and editors chosen by the agent to contact that the book will be sold by means of an auction or wait until he or she has some further indication of the amount of interest in the project. If you have a publishing, entertainment or literary rights legal matter, visit our website at http://www.sebastiangibsonlaw.com and call us at any of the numbers easily found on our website. While some agents may still have luncheons with the publishers and editors they’ve worked with on previous projects, the days when such loyalties determined who would be chosen by an agent for a project based on informal meetings have long since gone by the wayside in favor of auctions that bring out the best possible terms or at least the highest offers of an advance for a writer. Once a literary power agent sees that there are more than one book ...

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