Intellectual property rights on a published book
Intellectual property rights stand for copyrights. You own all rights from the first letter of your creation with or without a registration as copyright.
To have your work registered as a copyright it offers you the opportunity to go to court in case of an infringement. Your intellectual property rights – or copyrights – give you the full authorisation about your novel. Having sold your book to a publishing company it all changes. Publishing companies will require the intellectual property rights of your material so that you are not the owner anymore. As soon as you hand over the intellectual property rights, the publishing company can use it for other purposes like films or musicals giving you a percentage of the royalties of course. This will be discussed hereafter. How much they want to have in their hands, will be negotiated of course
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