radiomaru.lj - Statement
Bryan Lee O'Malley breaks it down. Click through to see his illustrations and hissing cats, too. In essence, the contract gives you $20 a page for your own original work, and you lose all rights associated with the work. And they may not even admit you created it. And if you get sued for any reason because of the work, they do not have your back. It's pretty much the worst possible contract.
I'm going to go through this piece of shit with you, because I'm sure a lot of aspiring cartoonists read my blog and I want to do my part to help you all have a future.
Read my bloggy lips: if you sign this contract, say goodbye to THE FUTURE.
I'm not going to speculate about where they're being untruthful. I'm just going to let them say what they're saying. It's bad enough.
. . .
They have this new Manga Pilot program. It's a thing where you come up with a great idea, you toil over it and create a 24-36 page comic, they put it online with a bunch of other submissions, and "the people" decide who wins. Or, y'know, whatever.
The contract for this fun deal is horrible, draconian, ridiculous. It's like Satan wrote it. I can't believe Tokyopop is getting away with this in broad daylight.
Very extensive coverage over here.