Question: "... in a pre-empt ..."

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BrianY

Full Member
May 22, 2022
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Well ... a neighbor of mine just sold a rom com to Grand Central and Publishers Weekly described it as "... in a pre-empt ..." What does this mean?
 
Yes, what @E G Logan says.

Designed to take the other publishers out of the race. By accepting the bid an agent and author agree not to put it into a potential open auction.

Something that requires experience and skill on behalf of an agent who must assess if there is a possibility of the auction making more or less than the preemptive bid.
 

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