From Publishers Weekly:
"Starting in 2013, authors and their heirs or estates will be able to terminate virtually any publishing contract entered into on or after January 1, 1978. While some authors will use this powerful right to reclaim ownership and control of their books, others will leave their publishing contracts intact, but extract more favorable terms for doing so."
Will the Copyright Act Open a Floodgate of Contract Rewrites for Authors?
"Starting in 2013, authors and their heirs or estates will be able to terminate virtually any publishing contract entered into on or after January 1, 1978. While some authors will use this powerful right to reclaim ownership and control of their books, others will leave their publishing contracts intact, but extract more favorable terms for doing so."
Will the Copyright Act Open a Floodgate of Contract Rewrites for Authors?