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Difference between author rights and publisher rights ??

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Nonso

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An author approached me asking me to sponsor publishing of his books.

Learning from TMF , I am concerned about my ownership and control.

Question1: what is really the difference between the rights of an author and the rights of the publisher of the work?

Question 2: If I register a publishing joint-venture with this author and publish this works does it give me equal rights to the copyright and profit of this work for a lifetime ( assuming the author agrees to the terms of this equal rights )

Question 3: If answer to question 2 is nay, what do I need to do to have equal rights and claims to the copyright and profit from this work for a lifetime.

I have searched this topic in the internet and even read local laws but couldn't get the answers I really need.

I am in Nigeria if that helps.

Thanks.
 
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