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#1 |
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Regular
Join Date: Dec 2008
Posts: 254
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A producer read one of my scripts and likes it. He thinks he can get it made into a film but doesn't option scripts. He said he spends all his money of development. Does this sound right? Should I be expecting any kind of cash up front? Any thoughts?
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#2 |
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Member
Join Date: Aug 2009
Posts: 571
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So then what is he asking of you? To buy it outright, or does he want exclusive rights to the script without paying a cent?
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#3 |
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Member
Join Date: May 2005
Location: studio city
Posts: 5,541
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Plus - who is the producer and what have they produced?
I can get business cards made that say I'm a producer for about $20. - Bill |
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#4 |
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Regular
Join Date: Dec 2009
Posts: 200
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#5 |
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New User
Join Date: May 2012
Posts: 13
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You can either enlighten the man by letting him know that optioning is part of development, or you can tell him he can go right ahead and work his magic, but meanwhile you're going to keep looking for a producer who likes the script enough to put his money where his mouth is.
Money is trust. Money is commitment. Money is incentive. If you're ramen-for-blood desperate, there's always a pay-or-play type penalty clause you could sign, but that's like bringing an ostrich to a drug deal - it's not often practiced in this situation, if things go to sh!t it's not going to save you, and frankly it shouldn't come to this in the first place. |
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#6 | |
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Member
Join Date: Apr 2009
Location: Los Angeles, CA
Posts: 1,063
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Quote:
I would raise the following two issues: 1. If he spends his money on development, is he going to pay you to rewrite your own script which he has not optioned? (That's a legitimate development expense.) 2. If he doesn't option the rights, do you retain exclusive right to your script and any subsequent versions that are written at his direction? (The answer should be yes.) IMO, it's incredibly stupid for a producer not to option a screenplay because it means he then has to negotiate with you later on a purchase price if things move forward, and that gives you significant leverage in the negotiation. Sure, maybe the odds are in favor of nothing happening, but if he's serious about the project why would he hamstring himself by not tying up the rights for the property he's developing? But hey, if he can give you a clear rationale and is willing to pay you to write without securing the rights... that's all upside for you. |
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#7 | |
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Member
Join Date: Jul 2008
Posts: 742
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Quote:
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#8 | |
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Member
Join Date: Oct 2010
Posts: 1,428
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Quote:
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#9 |
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Member
Join Date: Jul 2008
Posts: 742
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#10 |
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User
Join Date: Jan 2012
Location: Los Angeles, CA
Posts: 30
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If a producer is legit -- if he's sincere in his desire to get your script off the ground -- if he has any respect whatsoever for the writer -- he'll come up with some option cash.
Here are a couple of pertinent entries from my blog that might be of interest: http://theworkingscreenwriter.blogsp...ar-option.html http://theworkingscreenwriter.blogsp...?q=option+deal
__________________
Come visit me at www.JimVinesTheWriter.com! |
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