More info needed. If you're the writer and you sold/donated a script to a Producer - it's the Producer's property to do with as he sees fit. If you think otherwise, it is if you have it signed on paper - if you don't, it's not. There is no 'exactness'.
Did they buy it? If yes, they own it. If they are just financing, I think the going percentage is 8% I could be wrong. Otherwise you have to structure a deal in the agreement. Something like they get 70% of profits until their investment is repaid then they get x%, or they get 150% of there investment.
I think it is time to have a conversation and structure a deal.
I will sell the script as nft, I will make it movie with the money I earned from the sale but the buyer will be producer. So buyer will have a digital edition of the scrip not the original copy. in this case, the buyer(also producer) will have the copyrights on the movie? If yes what kind of rights?
Producer is an incredibly ambiguous term and, to be frank, nothing comes with the role by default.
You can have a financier who's credited as an executive producer but has agreed to have zero creative input.
You can have a group of producing partners where one of them can veto all the others.
You can have co-producers who only have tiny responsibilities all outside of creative concerns.
Ownership is a whole other subject. All owners are producers but not all producers are owners.
Trying to dumb it right down to the core basics;
The lead producer controls the logistics.
The director controls the creative elements
Director-producers tend to have contracts that give them complete autonomy with the financier obligated to provide funds at set market points. The financier is usually fine with this providing the budget breakdown and market prospects look correct.
More info needed. If you're the writer and you sold/donated a script to a Producer - it's the Producer's property to do with as he sees fit. If you think otherwise, it is if you have it signed on paper - if you don't, it's not. There is no 'exactness'.
I wrote the script, I will make it movie, he will give me the money. the producer and movie is indie.
Did they buy it? If yes, they own it. If they are just financing, I think the going percentage is 8% I could be wrong. Otherwise you have to structure a deal in the agreement. Something like they get 70% of profits until their investment is repaid then they get x%, or they get 150% of there investment.
I think it is time to have a conversation and structure a deal.
I will sell the script as nft, I will make it movie with the money I earned from the sale but the buyer will be producer. So buyer will have a digital edition of the scrip not the original copy. in this case, the buyer(also producer) will have the copyrights on the movie? If yes what kind of rights?
English is not your native tongue so it makes communication difficult - I'm not really sure what you're asking.
1 person likes this
If they buy it. They own it. You can’t sell your house and tell the new owner what colour to paint it.
If they own it. They own it You have transferred rights to them. They can sack you and put in a different director
This is all good news. You sold it. Well done. Move on. If you get to direct it, even better.
Alternatively. Don’t sell it. Bring on a producer for a fee and put them in charge of finance.
2 people like this
Producer is an incredibly ambiguous term and, to be frank, nothing comes with the role by default.
You can have a financier who's credited as an executive producer but has agreed to have zero creative input.
You can have a group of producing partners where one of them can veto all the others.
You can have co-producers who only have tiny responsibilities all outside of creative concerns.
Ownership is a whole other subject. All owners are producers but not all producers are owners.
Trying to dumb it right down to the core basics;
The lead producer controls the logistics.
The director controls the creative elements
Director-producers tend to have contracts that give them complete autonomy with the financier obligated to provide funds at set market points. The financier is usually fine with this providing the budget breakdown and market prospects look correct.
To answer the question; it depends.
How do you sell a screenplay as a NFT?