DC Comics Revises Its Creator Participation Deal For First Time in Years, Adds Colorist and Digital Credits
Colorists will be credited on the cover of DC Comics starting in July, when a new 'creator [...]
Colorists will be credited on the cover of DC Comics starting in July, when a new "creator participation" (royalty) program is instituted that represents the first major overhaul of DC's payment system in years.
Colorists will also be added to the creator participation pay program, which provides additional payments beyond creators' standard page rates for high-selling books. Similarly, creators working on digital-first titles will be able to participate in the system.
Presumably to streamline accounting, three separate areas that all used to qualify for additional pay based on sales are being merged, with digital and newsstand sales being combined with direct market sales; it seems likely, but is not stated, that the threshold for creator participation pay will increase over what the original direct market numbers were.
An unspecified threshold was also added for trade paperback and graphic novel sales.
All of these changes are made going forward, which means evergreen products like Watchmen and Sandman won't be impacted by the changes.
You can check out the text of the e-mail, from DC Co-Publishers Dan DiDio and Jim Lee, below (via Comic Book Resources).
We have news to share regarding a project we have been working on for some time. We will be rolling out a new, modernized participations payment plan effective July 1, 2014.
DCE's current participation plan dates back over 30 years and was created for a simpler and very different marketplace. The current plan no longer reflects today's business landscape where comics are sold in a variety of formats and through a myriad of sales channels. Ultimately we made the decision that the best path forward was to create an entirely new plan that covers new work going forward. Great care and consideration went into building this new participations structure and we feel that it provides both us and all of you with a fair, competitive, and versatile plan for the future.
There are a few significant differences between this new plan and what DCE has offered in the past. Perhaps the biggest difference is that all participations will now be calculated based upon DCE's net revenue from a book's sale rather than on the cover price. This change gives us more flexibility to sell our material in new distribution channels that have different pricing models.
In addition, physical and digital sales will no longer be treated separately. Digital sales will now be added to print sales and the sum will count towards achieving the sales threshold which triggers participation payments.
We've also standardized sales thresholds for all periodicals. There are no longer separate thresholds and percentages by channel (direct market vs. digital vs. newsstand). We've also added a threshold for collected editions. The new thresholds and percentages are designed to generously reward high sales performance.
We are pleased to announce the very welcome addition of Color Artists to the participations pool. Color Artists will receive moving forward cover credit for their work alongside Writers, Pencilers and Inkers. In addition, Digital First talent will now be eligible to receive additional compensation and share financially in the success of their books.
In addition, DCE is modernizing our systems for both reporting participations and making payments. Beginning July 1st, all reporting under the new structure will be sent electronically. Also, those of you who live in the United States will now be able to receive your payments via direct deposit. Information on how to sign up for direct deposit payments will be sent to you shortly from the Talent Relations department. International talent will continue to receive payment via wire. We're very happy to offer these upgrades, which will result in getting paid faster.
And last, beginning on July 1st, DCE will begin transitioning to the use of electronic serviceagreements. The work-for-hire service agreements that historically have been transacted on paper will now be handled electronically and sent to and from your editor via email. We are confident this will make the process quicker and more efficient for everyone.
We recognize this is a lot of information to take in, and we anticipate you may have questions. The DCE Talent Relations team is well-informed in the new participations plan and looks forward to discussing with you any inquiry you may have. Feel free to reach out to the team at [e-mail].
DCE is committed to being the publisher of choice for top talent in the industry and to further strengthening our relationship with our talent ensuring that together we continue to create the comics we can all be proud of. Thank you and we look forward to working with you throughout the year.
Sincerely,
Dan & Jim
DC Entertainment Co-Publishers
