Whoever has written the story needs to register it with both the WGA (Writers’ Guild of America) and also copyright the story with the USCO (United States Copyright Office). Script Ownership (Copyrights and Literary Assignment)Ĭopyrights - The core of your movie is the story, so you want to make sure you own said story. When deferring payment to the performer, P&H (Pension & Health) or H&R (Health & Retirement) will also be deferred until the performers’ payment is triggered." and after the producer recoups production costs of $5,000. A deferral in payments means that you agree to make X payment when Y happens.Įxample: A producer agrees to pay all principal performers $100 per day of work performed, if and when the production receives distribution. Deferred payment and profit participation are an excellent source of financing for many film producers.Īccording to, “you are able to defer payment to your performers under the SAG-AFTRA New Media Agreement if your performers agree to the deferral. What is Deferred Payment and Profit Participation?Ī producer may lower production costs by allowing cast, crew and subcontractors (camera rentals, post production services, transportation, etc.), to invest part of their fees in the movie, in exchange for a larger deferred payment and/or some sort of profit participation. Here is an overview of the important film production contracts required to ensure you have full control of everything required to own your film. Articles of Incorporation, LLC Operating Agreement.Screenplay Copyright (the certificate or filing receipt).Music Release / Composer's Work For Hire Contract.Script/Literary Purchase Agreement or Option/Acquisition Agreement.Film Production Contract Templates for Filmmakers Most film festivals require all these agreements to ensure you can even enter your film with them. If any of these important legal contracts is missing, you cannot legally sell your film since you won't own all of it! Funders and distributors will expect you have these signed and if not, could hinder your ability to get distribution or signed investors. In other words, you must have a clean " Chain of Title." Some examples include story & music rights, cast & crew images, graphics, the script, rights to on location shoots and much more. You must make sure you own EVERYTHING that makes your film your film. Having the correct Film Production Contracts in place on your film is crucial when investors, distributors, festivals and production companies are evaluating working with or investing in your project.
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