I hope someone here understands this deal. I have read the information passed on to me by my agent's office and am worried about signing off on it.
First off, Google Books have annexed two of my books and I'm involved in this settlement deal.
Secondly, my agency suggests I accept the settlement arrived at by Author's Guild. This would give Google Books the right to publish my books when they go out of print, and pay me a small amount of money.
My instinct is to refuse. My reasons: out-of-print books should have their rights returned to me. How do I sell those rights when Google Books has published an electronic version?
I'm anxiously awaiting some expert advice. Thanks, guys.