Those of you that have contracts how do you feel giving the ownership of your brainchild to someone else? Cause I don't think I really can do it 
Just a question
Then go for the non exclusive contract.
Darth_Xiane thats just relying on gifts.
grimreaper906 u can also post on other websites and prolly get a non exclusive there too. much better than getting contracted to a single site
Hi, am a new writer here and I want to ask how does a royalty contract works? An editor just offered me, she's Tika. How does it feel thar you have a story in a royalty contract? Is it a nightmare or not? Is the contract demanding? Too strict? Is the royalty contract the same as premium? Does your book get more exposure? Were you given more writing opportunities?
Please answer, I really need to decide
- Edited
Goddess_Pen_Lee First and foremost, Signing a royalty contract means you give the copyrights to Webnovel.
Now about the exposure part, yes you do get new readers due to daily recommendation, features, etc.
You can not post their (not your) webnovel to other sites after you've signed the contract. That doesn't include the chapters that are locked, though.
There is a certain MGS (idk the full form, Monthly Guarantee Salary I guess), which the site gives for contracted writers. If you write at least 50k words in a month and your income is less than 200$, then webnovel with give you 200$. This is guaranteed for 4 months as long as you post at least 50k in a month. After that... you're on your own.
For Information about going premium, read the guide on inkstone. Do note that you have to post daily to go premium, or your readers would be paying for less content each month which I suppose would lose you paying readers.
Of course, if your story is brilliant then you can earn more than just 200 bucks a month.
Goddess_Pen_Lee unless you're a full time writer it's hard
grimreaper906
If you write as a hobby and care a lot about the the world you are building, don't do contract. But if your rent depends on it, take the contract.
Let's be honest, if you're getting published with a publishing company and not self-publishing, you usually give your rights to the company. It's not just Webnovel. Yeah, perhaps people tell you that Amazon doesn't hold the rights to your work, but that's self-publishing - Amazon doesn't market your book for you or print paperback copies for you, or do merchandising.
So stuff like Random House, Del Rey, Scholastic, Penguin, etc. own the rights to series. For example, David Sherman and Dan Cragg cannot just run off and publish Starfist elsewhere because Del Rey owns the Starfist series. R. L. Stine has a contract with Scholastic, so he can't just publish Goosebumps with another company unless Scholastic negotiates and sells the rights to it. Writers receive royalties for their work, which can be negotiated, but by and large, for them to get published by a recognized company, they'll have to let go of their ownership.
You can try and negotiate with the publisher to own the rights to your own work, but most publishing companies wouldn't take the risk to publish your work and spend money on marketing, etc., especially if you're an unknown. It's a complex industry, and usually authors have literary agents to help them negotiate through the legalities of it (finding an agent is yet another headache). But you'll need the connections. Otherwise it's kind of naive to think you can get published with a big name without having to give up ownership to your work. Unless you self-publish, of course.