Hi everyone. I need some basic advice concerning a screenplay of mine. I was recently approached by a producer who wants to pitch my script. she cannot option it, unfortunately, but she has some good contacts, has a few credits and is somewhat know in the community. Her contract is a net 5% and she will edit, tighten up the script and go out to attach "A" list talent. She wants a two year deal. I need to know if the contract should be on the gross and not the net. Can anyone give me anymore feedback on such deals... I have nothing else going on other than placing in a few screenplay contests...this can give my project a chance...but it may also limit my success. What would you do? Thanks Jay
Screenwriting : Anybody?? by Jay Stamatis
Anybody??
Other topics in Screenwriting:
Check out Trending Discussions
Register / Log In
Gross ='s the higher #..... if you are paying off the Gross, then you are paying off the higher number. Where overhead is a real cost, amongst other. Hence the Net, would be lower commission or percentage paid out.
1 person likes this
I would hire a lawyer to review the contract.
Go for a percentage of gross as there is a high likelihood there will be no net (in other words, a lot of work and no pay) - no reflection on you, it's just the odds.