Do you know how to evaluate an unpublished book or song?

As you already know, there are so many objects of copyright: literature, music, inventions, design, IT, photographs and so on. And of course you would like to have a profit from your creations.

There are two main ways to get money from your authorship: costly (estimating the costs of restoration or replacement) and profitable (evaluating the economic effect of introducing an invention, income from the sale of licenses).

But how to evaluate an unpublished book or song? It is, of course, not about artistic value, but about the cost of using copyright to obtain some kind of commercial benefit. You can publish a manuscript, print books, and sell them. If the book is interesting, someone will buy it, and the publisher will make money on it, perhaps even more than once – there will be reprints, such as, for example, of the novels by Steven King.

There are two popular systems for working with authors: a one-time fee payment and a royalty agreement. In the first case, as we mentioned before, the royalty is paid once, and if the publisher reprints the book during the term of the contract, all the income goes to him. And when the deadline expires, the author can go to another publisher.

The second way is a royalty agreement, when the author receives a percentage of the proceeds from the circulation. And from each reprint, overprints the author will again receive his interest. Such a percentage can reach 30 or more.

Such agreements can be signed for absolutely any type of work and they imply that you will receive a reward for your work. And you have to know – it is only one chance to be in the right place at the right time.

It is also necessary to remember that intellectual property protected by copyright is much more expensive. If you are ready to earn – you can make a deposit on our self-service platform.