Chapter 550 Professional
After the interview, Lin Zixuan met with his literary agent.
The agent is Christopher Ritter, who is in his forties and has the style of a British gentleman.
Ritter has a certain reputation among British literary agents. He is not only Lin Zixuan's literary agent, but also responsible for many British writers, including many well-known figures in the British literary world.
The income of literary agents comes from the author's royalty commission, which is generally between 10% and 15%.
For example, in Lin Zixuan's "Little Snow's Adventure", if he can get a 100,000 pounds of royalties a year, Ritter will draw 12% of it, that is, 12,000 pounds.
Lin Zixuan's actual income is only 88,000 pounds.
The more novels in this series are published in more countries around the world, the higher the sales volume, the more Ritter's income will be.
Therefore, literary agents will actively promote potential novels for their own income, and there is no need for writers to urge them.
At present, there are no professional literary agents in China, which has many reasons.
It is mainly a matter of concept. Domestic writers are unwilling to hand over their works to the market for testing. They feel that the value of literary creation should not be determined by the market and profits.
What they value is a literary criticism system composed of literary critics and professional scholars.
In other words, domestic writers care more about the opinions of experts than the readers.
However, under the influence of the market economy, this concept is changing, and young writers are willing to face the market and pursue profits.
Besides, most domestic writers cannot afford to support literary agents.
Although China is a publishing country and publishes a large number of books every year, the price of books is generally low, and the royalties given to writers by publishers are not high, and there will be concealment and arrears of royalties.
Writers need to go to the publishing house from time to time to ask for accounts, or even make trouble to the point of going to court.
This leads to unstable income for writers and lacks the financial ability to hire professional literary agents.
Only a small number of writers like Lin Zixuan who earn at the top of the writer's group can have literary agents.
This shows that the domestic publishing industry is not professional and mature enough.
Ritter is very optimistic about the publishing prospects of "Little Snow's Big Adventure" in Europe, the United States and other countries. He has brought publishing contracts from more than a dozen national publishing houses, and some publishing houses are in talks.
As the agent of Lin Zixuan's works, he is responsible for negotiating with publishing houses in various countries.
The conditions issued by each publisher vary greatly. Taking royalties as an example, some publishers give fixed royalties, while some publishers propose different royalties according to the number of books printed.
The royalty for printing 10,000 copies for the first time is 10%, the second time is 12%, and the third time is 15%.
That is to say, the more printing the better the sales performance, the higher the royalties.
Some publishing society is divided into two types of books: paperback and hardback. Each book has different pricing and royalties.
Moreover, there are also differences in the tax rates for writers' royalties in each country. In some countries, there will be tax reduction policies for writers or support plans for writers' creation to encourage writers' creation.
Only by clarifying all these legal provisions can the interests of writers and literary agents be guaranteed.
It can be said that literary agents are a very professional industry.
Lin Zixuan didn't have the energy to figure out these things, and left professional matters to professionals.
He handed over the documents he wanted to sign to the lawyer he brought with him. Domestic lawyers also found it difficult to master the laws of various countries, mainly to check whether there are any loopholes in these documents.
Especially when it comes to copyright, you must not be careless.
Lin Zixuan and Ritter met to discuss the topic of film adaptation rights.
"I am in the film industry and want this novel to be made into a movie. Through the release of the movie, this story can have a wider and far-reaching impact." Lin Zixuan said directly, "I want to ask Mr. Ritter to sell this novel to Hollywood film companies and strive to bring the novel to the big screen as soon as possible."
"It's too early. I think we should start with adapting it into a drama and then develop into the film field." Ritter suggested.
A novel can be adapted into stage plays, radio dramas, film and television dramas, etc.
The British are quite persistent in stage plays, like to watch dramas, and regard dramas as an elegant art.
"This kind of magical children's story can only fully demonstrate its charm through the means of movies, turn the fictional world into reality, and bring joy to the children." Lin Zixuan insisted.
"We in the UK also have excellent film companies, and we can make wonderful films without Hollywood." Ritter said proudly.
Lin Zixuan had heard of British people being conservative and stubborn, but he didn't expect to meet him.
The British film industry is no longer the same as before, otherwise British actors would not have run to Hollywood. It is okay to shoot ordinary dramas, but it is difficult to make big investment films that require special effects technology.
Magical themes like "Xiaoxue's Big Adventure" must require a lot of special effects to support it, and Hollywood is the best choice.
Lin Zixuan doesn't want to use that kind of 50 cent special effect to destroy the whole story.
"Mr. Ritter, your country does have excellent film companies. It's just that we want to make a movie that can enter the North American market. It's a wise choice to get Hollywood film companies involved." Lin Zixuan persuaded, "We can work together in three parties. What do you think?"
The three-party film company, British film company and Good Dream Company can ensure the profits of the film in three countries.
"Mr. Lin, this is a good proposal," Ritter agreed.
"In terms of the copyright of the movie, I hope to take it in my own hands, and at least part of it, to ensure that I have the initiative in the future." Lin Zixuan made his own request, "It is best to talk about the film adaptation rights of this series of novels separately, rather than in one go. You know, when the movie becomes famous, the subsequent value will become greater and greater."
He knew that it would be difficult to ensure full film rights when working with Hollywood Films.
If those companies do not have copyrights and are not interested in investing, they are not so kind to give money to Lin Zixuan a fame.
Lin Zixuan had to settle for the second best, and had some copyright so that he could take the initiative when filming the sequel.
The right to adapt the novel's movie is best to talk about one episode after another, and the price of the sequel must be higher.
Of course, Hollywood film companies are not fools. They pursue interests and will not allow a single episode to be blackmailed by Lin Zixuan once.
This requires the broker to strive for it and reach a result that both parties can accept through negotiation. This is Ritter's strength.
"The Hollywood businessmen are not easy to communicate with. I will contact them and give it a try." Ritter agreed.
Chapter completed!