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In the film industry, it is an agreement between a writer and an independent production company or between an independent production company and a film studio in which the potential buyer (producer or studio) of a not-yet-written script or in-development film or television project pays a development fee to the writer or producer for the right to have the first look at the new material before ...
In the film industry, an option agreement is a contract that "rents" the rights to a source material to a potential film producer. [1] It grants the film producer the exclusive option to purchase rights to the source material if they live up to the terms of the contract and make a film (or series) from it. This is known as optioning the source ...
Some executive producers have hands-on control over every aspect of production, some supervise the producers of a project, while others are involved in name only. [4] The crediting of executive producers in the film industry has risen over time. In the mid-to-late 1990s, there were an average of just under two executive producers per film.
Hollywood is full of filmmaking collectives — camps of creative people who met at the bottom and carry each other, hopefully, to great heights. Particularly sacred (and occasionally fraught) is ...
UPDATED: With negotiations underway for a new three-year Basic Agreement between IATSE and the AMPTP, the International Cinematographers Guild (Local 600)—the largest of the 13 IATSE Locals that ...
On April 18, 2023, 97.85% of members of the Writers Guild of America (WGA) voted to go on strike if they failed to reach a satisfactory agreement with the Alliance of Motion Picture and Television Producers (AMPTP), which represents the major film and television studios in Hollywood, by May 1. [31]
Jessica Chastain is encouraging independent producers to sign interim agreements amid the ongoing SAG-AFTRA strike. “If a majority of independent producers, come forward and sign the Interim ...
In film production, a negative pickup is a contract entered into by an independent producer and a movie studio conglomerate wherein the studio agrees to purchase the movie from the producer at a given date and for a fixed sum. Depending on whether the studio pays part or all of the cost of the film, the studio will receive the rights ...