First, I've used the search function on DD and found some very useful stuff already. Including the templates for different kinds of contracts and agreements.
I am unrepresented. And have zero experience of negotiating an option, or using an entertainment lawyer.
So, I'd really appreciate any info anyone can share about the following:
I know that those first two questions are 'how long is a piece of string' kinda questions. So to give some reference:
If you've got any experience of having done this, as a writer or producer, and don't mind sharing such info, on here or DM or email, I'd greatly appreciate it.
Cheers
Paul
I am unrepresented. And have zero experience of negotiating an option, or using an entertainment lawyer.
So, I'd really appreciate any info anyone can share about the following:
- Ballpark figures on how much to pay an author to option their book.
- How to figure out further payments if a screenplay based on their work makes it to production, and makes it to screen.
- Is it worth optioning a biography, if some of the subject is in the public domain? (ie - Even an option won't ensure exclusive rights, because someone else could write/make a film based on other material regards to the same person)
- If you've done this in the UK market, would love to hear your experience. (Especially if you are a writer. Did you use entertainment lawyer, agent, or do it on your own?)
I know that those first two questions are 'how long is a piece of string' kinda questions. So to give some reference:
- The book in question is a biography of a figure from the 1800s.(US)
- The book is over 20 years old.
- It appears that there was an option on it over 6 years ago, but that ran its course and the author tells me it is now available.
- The author is not a 'name' writer, the subject of the book is also relatively unknown (that's part of the attraction)
- The book is way way down the list in terms of best sellers etc
If you've got any experience of having done this, as a writer or producer, and don't mind sharing such info, on here or DM or email, I'd greatly appreciate it.
Cheers
Paul
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