IWSG JULY 1: Industry Changes

It’s the first Wednesday of the month and that means Insecure Writer’s Support Group (IWSG) is enjoying its monthly blog fest invented by Alex J. Cavanaugh. IWSG is a safe haven for insecure writers of all kinds.    

QUESTION: There have been many industry changes in the last decade, so what are some changes you would like to see happen in the next decade?
The awesome co-hosts for the July 1 posting of the IWSG are Jenni Enzor, Beth Camp, Liesbet, Tyrean Martinson, and Sandra Cox! 
MY ANSWER is more current day than of the future:
Does your compensation and reward depend on a contract?
Many of us create from a deep unstoppable desire to express. Regardless of reward. As a result, many are taken advantage of. In the past an artist required patrons for support and to promote their work. Publishers were required to presented and sell books. Now days self-publishing has gained respect and working for many. These arrangements required a contract of one kind or another.
Now Covid-19 has entered the picture. What’s the connection? Our shrinking economy has caused some publishing companies to shutter their doors. Where does that leave us, the writer? What are the terms of our contracts? Do we still retain the rights to our work? Or did our rights expire with the company? What happened to our royalties; lost in bankruptcy proceedings?
I suggest those of us with contracts to look at them. Read them. Renegotiate if necessary.  Just as we are driven to express, we must divert some of that same desire to protect our-self interests.