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Old 04-03-2018, 01:54 PM   #11
cvolante
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Default Re: To option my script (for $1) or not?

You know what? I actually have the opposite advice.

I had an award-winning script that was flat out dead in the water. Partially because it's a hard sell (all-minority cast, period piece, set in history people don't know much about and with a politically unpopular pov.) It was probably 8 years dead and I realized XYZ person would be into it. I emailed him and lo and behold, he was. He wanted to shop it around.

I let him.
He had way better contacts than I did, loved the project, was really passionate and was a good choice to be involved.

He got it in front of major networks/distributors, etc. and it would've just sat here on my desk otherwise.

Ultimately, nothing came of it so here I sit, but it was better than just letting it sit there.

If you're in that kind of situation, why not? Could make some good contacts along the way.
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Old 04-03-2018, 02:35 PM   #12
sidgrey
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Default Re: To option my script (for $1) or not?

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Originally Posted by cvolante View Post
You know what? I actually have the opposite advice.

I had an award-winning script that was flat out dead in the water. Partially because it's a hard sell (all-minority cast, period piece, set in history people don't know much about and with a politically unpopular pov.) It was probably 8 years dead and I realized XYZ person would be into it. I emailed him and lo and behold, he was. He wanted to shop it around.

I let him.
He had way better contacts than I did, loved the project, was really passionate and was a good choice to be involved.

He got it in front of major networks/distributors, etc. and it would've just sat here on my desk otherwise.

Ultimately, nothing came of it so here I sit, but it was better than just letting it sit there.

If you're in that kind of situation, why not? Could make some good contacts along the way.
this is kind of my point. i have no contact, i also have a primarily minority cast and am a minority myself, so entry into the industry is tougher with the package of me and this story. What I DO have going for me is that the script went finalist in half a dozen competitions, so if I dont give them the option I could start pitching people again via stage32 etc, but thats not an easy road (or cheap) either.
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Old 04-03-2018, 07:55 PM   #13
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Default Re: To option my script (for $1) or not?

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so if I dont give them the option I could start pitching people again via stage32 etc, but thats not an easy road (or cheap) either.
Be careful with this. Having nothing and starting from scratch is better than having the wrong producer.

There's only one thing that matters here and it's not $1 or $1,000 options, it's can this producer get this movie made? Does she have credits and/or the right connections? What happened in the year she already had it? Any sense of progress? If so, you could give her a free six months to follow through on some existing leads, extendable for longer should a significant element (actor or director) attach.
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Old 04-04-2018, 08:35 AM   #14
cvolante
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Default Re: To option my script (for $1) or not?

Bird in the hand.
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Old 04-24-2018, 02:54 PM   #15
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Default Re: To option my script (for $1) or not?

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Any producer with twenty dollars in their pocket can option twenty scripts and throw all of them at a wall and see which one sticks. If none stick? He's out the cost of 2 trips to Starbucks if they get a cookie with their vente soy vanilla latte.

What are you out of? Time. Respect. The worth of your hard work. Being able to option your work to someone who appreciates its worth. What they are telling you is your script is worth a whole dollar to them for the next year. It's an insult. Me? I've said no quite a few times to this kind of deal. With no skin in the game, what do they care if they can't get a deal? They're out a dollar.

A friend optioned his script for 18 months for a dollar. Producer got two passes the first month, gave up and threw it in a drawer until the writer got it back 17 months later. Didn't matter to the producer, he was out 4 quarters. If a producer isn't willing to dip into their pocket for even 500 to 1000 bucks for an option, they really don't believe in your script all that much anyway.
What Ed said. DON'T DO IT. I did, because it was with a producer I thought had some heft and he turned out to be a nutjob. The contract sucked, too, but I figured, "Hey, at least it will get made." NOT. He sat on it for a year, in spite of the fact that I'd attached a director (ME, not the producer) and we had some real talent that wanted to work with us. Long story short, they got sick of waiting for this guy to get off the pot, the option expired and the script is now mine again. I never did get the fvcking dollar, by the way. What a joke. Live and learn, right?
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Old 04-24-2018, 05:08 PM   #16
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Default Re: To option my script (for $1) or not?

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..What a joke. Live and learn, right?
We need to just keep writing. Eventually something will sell. When it does, we'll have a whopping big stockpile of stuff in reserve, to take advantage of the heat that sale offers.

After Stephen King got popular, everybody wanted to make a movie of every logline and two-bit synopsis he'd ever written on a serviette.
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Old 04-25-2018, 10:26 PM   #17
finalact4
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Default Re: To option my script (for $1) or not?

I would never do it.

We even declined two options that were lowball on high budget properties.

Think of it this way...

how much attention do you think a producer is going to give for a project he paid $1 for versus the one he shelled out $10k or $50K for?

'nuf said.
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Old 04-26-2018, 10:29 AM   #18
Ronaldinho
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Default Re: To option my script (for $1) or not?

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Originally Posted by sidgrey View Post
this is kind of my point. i have no contact, i also have a primarily minority cast and am a minority myself, so entry into the industry is tougher with the package of me and this story. What I DO have going for me is that the script went finalist in half a dozen competitions, so if I dont give them the option I could start pitching people again via stage32 etc, but thats not an easy road (or cheap) either.
My question is:

Why does he want to option it, now?

If he's been content shopping it around informally until now, what changed?

A real option agreement is a complex negotiation because it includes sale terms. You're actually negotiating the sale - you're just not executing it yet. So you'd need to have a lawyer involved. If the producer WAS happy with a more informal shopping agreement, and NOW wants to lock down sales terms, why is that?
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Old 04-26-2018, 02:05 PM   #19
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Default Re: To option my script (for $1) or not?

What Ronaldinho said.

If the producer has shopped it around for a while with no bites but now abruptly wants to go through the formality of locking it down for a buck, there's a reason. It's possible there's an interested party he hasn't mentioned to you, lest you jam him for a few grand.
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