abalex
Well-known member
Hi everyone, I'm talking with a screenwriter to help me co-write a short piece for my thesis project. He wrote this as part of the agreement that I'm still looking at. I need your opinion on this. PLease read it and let me know if it sounds good to you. remember this is just a student film I'm gonna cowrite with this gentleman.
He put this on his email:
I get 10% of any back-end gross profits IF this thing gets picked up for
> distribution. 10% profits are AFTER you recoup any 1) production costs, 2)
> investor costs, and 3) marketing costs to place into film festivals (1, 2,
> and 3 costs capped at $50,000).
Dov SS siemens writes in his book From Reel to deal:
Profit participation: If the selles hesitates, your final incentive is to give him a percentage of profits-but never a percentage of the GROSS. (close quote)
let me know what you guys think.
g.
He put this on his email:
I get 10% of any back-end gross profits IF this thing gets picked up for
> distribution. 10% profits are AFTER you recoup any 1) production costs, 2)
> investor costs, and 3) marketing costs to place into film festivals (1, 2,
> and 3 costs capped at $50,000).
Dov SS siemens writes in his book From Reel to deal:
Profit participation: If the selles hesitates, your final incentive is to give him a percentage of profits-but never a percentage of the GROSS. (close quote)
let me know what you guys think.
g.
