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Analog contracts in a digital world

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College level textbooks and their publishers have been in the news a lot lately, with all of the major higher education publishers emphasizing a shift to a digital first market strategy. The vast majority of publishing agreements for established textbooks were written in a world where print books were the dominating market offering. As the world shifts, there are certain contractual provisions to be mindful of when evaluating one’s royalty statements and in negotiations over amendments. In reality, print sales still dominate, but publishers are trying to move away from the model, and the future of higher education materials is uncertain.

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