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Old 08-06-2008, 11:53 AM   #107
DMcCunney
New York Editor
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Quote:
Originally Posted by stxopher View Post
Why give up something that takes absolutely no effort or cost to keep? The rights to publish something would be considered an asset and no corporation would willingly give up assets just because they have no current use. This is especially true if there's no downside for them to hold on to them. If nothing else, something could happen in the future that makes those properties valuable again (new book by author, death, governmental banning).
Save that rights revert if the title goes out of print (though the author or author's rep must formally request reversion) and eventually, the title becomes public domain.

Corporations keep assets that have value. Assets depreciate. Granted that they will be happy to keep something that requires no effort. But whether they will expend effort to keep it depends on whether they think it still has value.
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Dennis
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