Click here for Done Deal Pro home page

Done Deal Pro Home Page

Loading

Go Back   Done Deal Pro Forums > Movies & Television > Writers & Scripts
FAQ Members List Calendar Search Today's Posts Mark Forums Read

Closed Thread
 
Thread Tools Display Modes
Old 03-20-2011, 11:57 PM   #101
Hamboogul
Member
 
Hamboogul's Avatar
 
Join Date: May 2005
Location: Leavenworth Penitentiary
Posts: 2,302
Default Re: This is really depressing (but not unexpected)....

Quote:
Originally Posted by umo View Post
In other words, writer compensation is 5% of the "Licensing fee" ONLY, which is what is paid to the manufacturer.

Writer compensation is not tied into the profits of product manufacturing, sales volume or any other form of compensation.

The manufacturer GETS PAID for manufacturing the product, the COMPANY gets paid for the products, but the writer gets paid only a percentage of the licensing fee for the product.

Again, if you guys are happy with this arrangement, then you're all happy.
Do you understand basic business?

When a manufacturer MANUFACTURES a product, it creates INVENTORY.

That inventory must now be sold to a CUSTOMER (in this case a middle-man like WAL-MART or TOYS R US).


When a company like Pepsi sticks a Star Wars character on its bottle, it pays a licensing fee. But that company still has inventory that it has to sell to a consumer.

The company is hoping that the incremental revenue of a licensed product will be greater than the fee paid for the product.
Hamboogul is offline  
Old 03-20-2011, 11:58 PM   #102
umo
Member
 
umo's Avatar
 
Join Date: Feb 2008
Location: I wanna live in my avatar.
Posts: 1,580
Default Re: This is really depressing (but not unexpected)....

Quote:
Originally Posted by Hamboogul View Post
Do you understand basic business?

When a manufacturer MANUFACTURES a product, it creates INVENTORY.

That inventory must now be sold to a CUSTOMER (in this case a middle-man like WAL-MART or TOYS R US).


When a company like Pepsi sticks a Star Wars character on its bottle, it pays a licensing fee. But that company still has inventory that it has to sell to a consumer.

The company is hoping that the incremental revenue of a licensed product will be greater than the fee paid for the product.
Really?
__________________
Brown-Balled by the Hollywood Clika

Latino Heart Project's MEXICAN HEART...ATTACK!
umo is offline  
Old 03-21-2011, 12:00 AM   #103
Hamboogul
Member
 
Hamboogul's Avatar
 
Join Date: May 2005
Location: Leavenworth Penitentiary
Posts: 2,302
Default Re: This is really depressing (but not unexpected)....

Really. I have an econ degree from Harvard. Maybe I'm not qualified to talk about anything screenwriting related, but I do know ECONOMICS 101!!!!!
Hamboogul is offline  
Old 03-21-2011, 12:04 AM   #104
JeffLowell
Member
 
Join Date: May 2005
Posts: 3,052
Default Re: This is really depressing (but not unexpected)....

Quote:
Originally Posted by umo View Post
In other words, writer compensation is 5% of the "Licensing fee" ONLY, which is what is paid to the manufacturer.

Writer compensation is not tied into the profits of product manufacturing, sales volume or any other form of compensation.

The manufacturer GETS PAID for manufacturing the product, the COMPANY gets paid for the products, but the writer gets paid only a percentage of the licensing fee for the product.

Again, if you guys are happy with this arrangement, then you're all happy.
There are many words in those sentences. Very few of them are in the right place.
JeffLowell is offline  
Old 03-21-2011, 12:05 AM   #105
umo
Member
 
umo's Avatar
 
Join Date: Feb 2008
Location: I wanna live in my avatar.
Posts: 1,580
Default Re: This is really depressing (but not unexpected)....

Quote:
Originally Posted by Hamboogul View Post
Really. I have an econ degree from Harvard. Maybe I'm not qualified to talk about anything screenwriting related, but I do know ECONOMICS 101!!!!!
Great. Interpret the clause being discussed.

Does the writer benefit, as a percentage of sales or from any other revenue other than 5% of licensing rights paid to the manufactuerer?
__________________
Brown-Balled by the Hollywood Clika

Latino Heart Project's MEXICAN HEART...ATTACK!
umo is offline  
Old 03-21-2011, 12:07 AM   #106
Manchester
Member
 
Manchester's Avatar
 
Join Date: Oct 2010
Posts: 2,243
Default Re: This is really depressing (but not unexpected)....

Quote:
Originally Posted by umo View Post
So you sold the licensing fee directly to the manufacterer?
Quote:
Originally Posted by umo View Post
In other words, writer compensation is 5% of the "Licensing fee" ONLY, which is what is paid to the manufacturer.

Writer compensation is not tied into the profits of product manufacturing, sales volume or any other form of compensation.

The manufacturer GETS PAID for manufacturing the product, the COMPANY gets paid for the products, but the writer gets paid only a percentage of the licensing fee for the product.

Again, if you guys are happy with this arrangement, then you're all happy.
When someone asks a question such as, "So you sold the licensing fee directly to the manufacterer", that person either has (a) at best, a tenuous grasp of the basics of licensing, or (b) a tenuous grasp or better, but is presently non compos mentis. At this distance, I can't make a determination.
Manchester is offline  
Old 03-21-2011, 12:13 AM   #107
Hamboogul
Member
 
Hamboogul's Avatar
 
Join Date: May 2005
Location: Leavenworth Penitentiary
Posts: 2,302
Default Re: This is really depressing (but not unexpected)....

God, this is like talking to Charley from FLOWERS FOR ALGERNON... not the middle diary entries. The first and the last days of the journal.
Hamboogul is offline  
Old 03-21-2011, 12:19 AM   #108
prescribe22
Member
 
prescribe22's Avatar
 
Join Date: May 2005
Location: Santa Monica, CA
Posts: 1,298
Default Re: This is really depressing (but not unexpected)....

Quote:
Originally Posted by umo View Post
I aim to please.
Seems more like you're aiming at you're foot.
prescribe22 is offline  
Old 03-21-2011, 12:22 AM   #109
umo
Member
 
umo's Avatar
 
Join Date: Feb 2008
Location: I wanna live in my avatar.
Posts: 1,580
Default Re: This is really depressing (but not unexpected)....

"Merchandising: The right to merchandise is owned by the Company, and if the Company manufactures and sells an object or thing which is first fully described in the writer's literary material, and by such description such material is unique and original, then the writer must be paid 5% of the monies paid by the manufacturer for such merchandise. "


Hopefully, some folks can set aside their egos long enough to serve their own self interests. Like understanding this clause.

Or not.
__________________
Brown-Balled by the Hollywood Clika

Latino Heart Project's MEXICAN HEART...ATTACK!
umo is offline  
Old 03-21-2011, 12:35 AM   #110
JeffLowell
Member
 
Join Date: May 2005
Posts: 3,052
Default Re: This is really depressing (but not unexpected)....

"Hi, Sony! This is Mattel. We see you have a new movie called Furry Aliens. We'd like to make Furry Alien toys, based on the movie, and sell them to children for money. For the right to make the toys, we'll give you fifty million dollars."

"Hi, Janet Writer! This is your agent! Mattell is going to manufacture Furry Alien toys, based on your script. Look in your mailbox for a check for two and a half million dollars!"
JeffLowell is offline  
Closed Thread


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is Off
HTML code is Off
Forum Jump


All times are GMT -6. The time now is 11:35 PM.


Powered by vBulletin Version 3.6.2
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Done Deal Pro

eXTReMe Tracker