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2. Option (filmmaking) - Wikipedia

   en.wikipedia.org/wiki/Option_(filmmaking)

   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 ...

3. First-look deal - Wikipedia

   en.wikipedia.org/wiki/First-look_deal

   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 ...

4. WGA screenwriting credit system - Wikipedia

   en.wikipedia.org/wiki/WGA_screenwriting_credit...

   Membership points are also accrued through employment by, or sale or option to, a company signatory to the Minimum Basic Agreement (MBA), [5] a deal struck between the WGA and a collection of studios and production companies every three years, in which the companies agree to certain minimum fees, residuals, and other benefits for WGA writers ...

5. Film rights - Wikipedia

   en.wikipedia.org/wiki/Film_rights

   Because few projects actually manage to be greenlit, options allow producers to reduce their loss in the event that a project fails to come to fruition. Should the project be greenlit, an option provides a legally binding guarantee to purchase the film rights. The contract for an option will specify the length of time it is valid for.

6. Completion guarantee - Wikipedia

   en.wikipedia.org/wiki/Completion_guarantee

   In filmmaking, a completion guarantee (sometimes referred to as a completion bond) is a form of insurance offered by a completion guarantor company (in return for a percentage fee based on the budget) that is often used in independently financed films to guarantee that the producer will complete and deliver the film (based on an agreed script, cast and budget) to the distributor(s) thereby ...

7. ‘Home Alone’ Actor Included A Brilliant Contract Clause That ...

   www.aol.com/home-alone-actor-included-brilliant...

   Internationally, the movie earned $185.3 million, bringing the global total to around $359 million. If the one percent clause is taken at face value, it’s possible to calculate Stern’s ...