I know a spreadsheet sounds fancy, but it's just a list keeping track of sub rights by: country, publisher, advance, royalties if there are any, if the book was sold at auction and any other bidders (and their offers).

https://twitter.com/sharpegirl/status/1661083794349379584

Keeping a really simple spreadsheet like this is really helpful for me because I'm bad at keeping numbers in my head. So if I have it all in one place I can more easily keep track of everything and how much the sub rights were in total.

Today I'm gonna take you through a round of book submission because I've seen a lot of questions about it and how it works. So we're gonna go through the lead up, the agent revision, the sub list, the process and the result! Also: oatmeal. For searching ease.

This round of submission was for a book proposal, not a full book. This is something that you can do as an established writer: submit on proposal vs. writing a full book and then submitting it. Not everyone likes doing it this way.

My publisher does not have my film rights, so they have no cut and no say. Obviously, they're gonna be like "yay!" if you option film rights because that's great!

I have a lit agent, a film agent and an entertainment attorney who all take their cut and they 100% earn it!

https://twitter.com/OneLiteraryFox/status/1660367958290432001

In terms of the money that comes with optioning your work, there can be a really big range and my options were skewed very high because they were both bought in competitive situations, which can drive the price up, like it can in a book auction.