If the novel is bought out, it usually means that the novel has been purchased by the publishing house or copyright owner and has obtained full copyright. Therefore, the novel can be republished or distributed without authorization. Buyouts usually involved some fees and terms, depending on the copyright purchase agreement of the novel. Some of these methods may require the author to pay a certain copyright fee, while others may allow the author to continue publishing and distributing their novel after the copyright expired, but may require an additional fee. If the novel was bought out, the author could still share and promote their novel on their own website or share it with others. However, if the novel was bought out, others could not use or distribute the novel without the permission of the copyright owner.
A contract for a novel to be bought out referred to an agreement to obtain a certain amount of copyright revenue or to completely control the copyright of the novel. A contract usually required a promise to write a certain number of novels. Furthermore, he could decide on the plot, characters, worldview, and other elements of the novel. At the same time, he would submit his novel to the publishing house or online platform and update his work regularly. The novel contract could be bought out at the same time and could also be upgraded. However, due to the preciousness and complexity of the novel's copyright, there was a certain risk in signing a contract to buy it out. If you can't create enough works or don't fulfill your obligations after the contract expired, it may lead to a reduction or loss of copyright revenue.
Buying out and signing a contract for a novel was not a simple dichotomous relationship. Buying out and signing a contract were two related concepts, depending on the specific situation of the novel. Buyout referred to the author obtaining the copyright of the novel in some way and not renew it after the copyright expired. Buyouts usually set a price for the copyright of the novel, and the author could decide whether to continue the commercial operation or not to continue writing the novel after the copyright expired. If the author chose to buy out, they would no longer have any financial disputes with the publishing house or other related parties, and they would not need to pay any copyright fees. A contract was when the author signed a contract with the publishing house or other related parties to specify the author's creative content, copyright ownership, profit distribution, and other aspects of the novel. If the author chose to sign the contract, they would be regarded as an audio author who had authorized their work to a publishing house or other relevant parties for commercial operation and obtain corresponding economic benefits. Therefore, buying out and signing a contract for a novel was not a simple dichotomous relationship. Buying out didn't necessarily mean that he couldn't sign a contract, and signing a contract didn't necessarily mean that he couldn't buy out. Under specific circumstances, the author needed to make a choice based on his own creative plan and business strategy.
A novel's outright purchase referred to the author or publishing house selling the novel's copyright to an organization or individual who would be responsible for the creation, publicity, and promotion of the novel. There were usually several ways to calculate the purchase price of a novel: 1. The copyright fee for buying out a novel was usually calculated based on the number of words, theme, genre, and other factors. For example, the copyright fee for a novel could be as high as millions of dollars. The specific calculation method could vary according to the region and copyright owner. 2. Modification fee: After buying out the copyright of the novel, the novel may be adapted into a movie, TV series, animation, game, etc. The adaptation fee is also calculated according to a certain percentage of the copyright fee. 3. Promotion fee: After the novel is bought out, the copyright owner will still be responsible for promoting and publicizing the novel, including publishing books, making posters, making promotional videos, and other promotion fees. The promotion fee will also be calculated according to a certain percentage of the copyright fee. Royalty: Royalty refers to a certain percentage of the amount calculated by the copyright owner based on factors such as sales and publicity of the novel. It is mainly used to pay the publishing fees of the novel author and the publishing house. It should be noted that the copyright laws of different countries and regions may be different, and the specific calculation method of the outright purchase may also vary from region to region. Therefore, when buying a short story, one needed to understand the copyright laws and related regulations of the country or region.
Generally speaking, the issue of income after a novel was bought out was that the author would sell his copyright to a bookstore or an online platform and no longer participate in the subsequent creation and adaptation work. Instead, he would focus on maintaining and updating his own work. After the purchase, the author of the novel could receive the following income: 1. copyright fee: After the purchase, the author will no longer enjoy the copyright of the novel, but can negotiate with the publishing company or the online platform to obtain a portion of the copyright fee as his own royalties. Royalty: If a novel is adapted into a TV series, movie, or other form of work, the online platform will usually pay royalties to the author to thank him for his contribution to the work. 3. Contribution fee: If the novel is paid, the author will receive a portion of the contribution fee. 4. Other income: The author can also earn income from other sources, such as fees paid by the company that obtains the adaptation rights or advertising revenue. It should be noted that the specific income methods of different authors and different platforms may be different. The specific situation needs to be determined according to the specific situation of the author and the platform. In addition, due to the fierce competition in the online literature market, the income of authors was also affected by market fluctuations.
A novel outright purchase usually refers to the novel's copyright being bought out by the novel's publishing company or platform to the author. This means that the author can no longer sell or license the copyright of the novel, but can only publish and sell the novel on the platform. Although the copyright of the author was no longer protected after the purchase, it did not mean that they lost all their rights. The author was still free to modify, reprint, sell, and distribute the novel as long as he paid the copyright fee to the platform. However, buying it out could also lead to a reduction in the author's income because the platform would usually take a certain percentage of the copyright fee as the platform's operating expenses. In addition, after the purchase, the author would also have to bear other expenses such as advertising and membership fees. Therefore, the author needed to consider many factors when implementing the novel purchase.
Usually, the novels that were bought out could only be paid after they were completed. This was because the publishing platform that bought out the novel would usually purchase the copyright of the novel and distribute it to various editors and online platforms. If the novel wasn't completed, the copyright platform wouldn't buy it, so readers wouldn't be able to buy the book. After the novel was completed, the copyright platform would pay the copyright fees to the publishing company and the online platform and distribute the novel to the readers. Only then would the readers be able to receive the profits of the novel according to the agreement. Therefore, completing the novel was crucial to getting the money to buy out the novel.
If the novel's copyright was bought out, it belonged to the publishing company or platform that purchased the copyright. Legally, the copyright of a novel belonged to the author, but the copyright could be purchased and transferred to a third party. If the novel's copyright was bought out, it would belong to the publishing company or platform that purchased the copyright. The publishing company or platform could publish, distribute, and sell it and provide readers with download or online reading services. In this case, the ownership of the copyright did not change, but the process and creativity of the novel were considered to be enjoyed by the third party who purchased the copyright.
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After the novel is bought out, are we still the authors of this novel? If we buy out the copyright of the novel, then we can claim to be the author of the novel. The outright purchase means that we are free to use, adapt, translate, and promote the novel without any other restrictions. So even if we no longer publish and publish novels as individuals, we can still claim to be the authors of novels. However, it is important to note that in some cases, we may face lawsuits from other authors or editors accusing us of violating their copyrights. In this case, we need to prove that we really own the copyright of the novel and do not violate the rights of others.
Wolf Totem was a story about wolves that was first published in China in 2012. It was said that the novel's copyright had been bought out and it had become a well-known online novel. This action also made more people pay attention to and like this novel, and Jiang Rong also gained more readers and support.