Should I Sell All My Book’s Rights to This Publisher?
There's a question I wanted to pose regarding current negotiations with my publisher. They offered a buyout of my copyright, and claimed the "industry standard" is: buyout = 3 x average yearly royalties. That seems low for a book that's been in publication for 20 years, and continues to sell 4-5 thousand copies a year, and will never become outdated. What do you know about this so-called buyout formula? Thanks!…

