FIL-2001 Lecture 12: Script to Screen
17 Sep 2018
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May have a distribution company, or partner with one. Difference is where money is raised and paid for. Lionsgate, bought summit, better than most major 6. Must have: certificate of authorship, option and acquisition agreement (for script, must have copyright agreement for script, copyright certificate for the film. Life story rights if based on a real person. Remake rights so you do(cid:374)"t ha(cid:448)e to (cid:271)uy (cid:396)ights of o(cid:396)igi(cid:374)al s(cid:272)(cid:396)ee(cid:374)play to (cid:373)ake a se(cid:395)uel. Owned by your own llc limited liability corporation. Production company usually options it for 2 years before buying. Give writer 10% of what they would pay. If the movie is a go, they will pay the rest. The writer cannot shop around with script once it is optioned. Key people are usually above the line, cost most, change budget of film the most. In charge of how story is told, emotional arc, etc. Executive producer person who secured financing for film, control budget mostly.
