Challenge,  publishing

Loss of Trademarks…

Writers Just Shovel Money into a Fire…

By the very nature of what we do as Indie writers and publishers, we are creating trademarks. Common Law trademarks, but still trademarks.

I always thought trademark meant “lawyers make more money.”

But the reality is we all create trademarks all the time with our books, our series, our businesses. And no law says you must register them. And don’t let any fly-by-their-wallet lawyer tell you that you must.

The term “trademark” basically means you are doing business (trade) with a name (mark). And trademark is basically the right to exclude someone else from making money with your name in the same area of business.

It is also a property. It has value.

And unlike copyright with the limit of Life of the Author plus 70 years, trademark can go on forever if it is used for business in a consistent fashion and the business stays alive.

Common law trademarks are first-in wins, but that is often tough to prove in a dispute. There are also varied time-periods that the mark must be used in business without lapsing. Ranges around five years. Range.

Why am I bringing this up? Struck me that James Blish estate with his cities in flight might have made some nice licensing money from Stargate Atlantis as I watched the show tonight. Just one of a million examples from the old days and now indie writers leaving money on the table.

The lack of knowledge about copyright by writers always stuns me, especially by writers putting their work out in stores. But the total lack of awareness of the value of the trademarks and brands is even more stunning.

What most traditional writers did when they died was give their literary estate to their agents. Book agents, as a class, have less knowledge about copyright and trademarks as their writers. So estate after estate are just left to rot and trademarks expire. And the writer’s work is forgotten.

So here in the indie world, say a writer has a great series of books, sold well, title of series is a trademark of one level or another. Books are left to just go dormant, five years later after no sales, the trademark is gone. Or worse, books just left to die by an estate that doesn’t care.

The massive yearly Licensing Expo is based on licensing trademark and brands and more hundreds of millions in deals happen there every year than I want to imagine. The Licensor (that’s us writers) license our copyright to stores like Amazon and license our brands and trademarks to companies that want to partner with us.

But 99% of all writers are too busy to learn copyright and trademark and branding and thus just shovel money into a fire, money they had no idea they could even have for their work.

 

4 Comments

  • James Palmer

    This reminds me of what my friend Matt Dinniman has done with his Dungeon Crawler Carl series. Not only did he keep his ebook rights, but he now has T-shirts in Hot Topic, and coming soon action figures and other merch. Of course, the trademark has to be popular to warrant such licensing.

    • dwsmith

      James, not at all. We do merch for just about any major book or series we do. Since it is free to do if you have a Shopify Store and connect to Printful and Frintify, which are POD producers of merch. So does not need some popular series or trademark and every writer, in my opinion, should be using Merch as part of their promotion these days.

    • dwsmith

      Reace, classes on basics of copyright and trademark all over the planet, usually given by lawyers, so always keep that in mind.

      Also two handbooks, tough reading but every writer should have both. THE COPYRIGHT HANDBOOK and TRADEMARK both from NO LO Press, both written by Fishmann, a lawyer.

      Branding the same way with college classes often in MBA programs, along with about a million books since it is a major part of business.

      I did Bite-Sized Copyright which is 4 videos a week for an entire year. It is available on WMG Teachable and I also am just finishing Branding and Trademark, which was also 52 weeks, four videos a week. Both of those are for writers and focused on books and publishing.

      https://wmg-publishing-workshops-and-lectures.teachable.com/

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