Posted at 07:29 pm
Film Rights & You
Now that film agents are scouting Bologna and paying close attention to the YA market, I've been getting a lot of e-mail from people with questions about film inquiries.
While I'm happy to check around and see if somebody making a request is legitimate or a scam artist, it's seriously in your best interest to hand all of this stuff off to your literary agent. S/he can get a film agent to negotiate on your behalf, and when it comes to film rights you really, really, really need one.
Film rights are complicated. They have a lot of strange and arcane rules, there's a lot of terminology that may or may not mean anything to you, and you seriously need somebody versed in LA-ese to negotiate for you. You do NOT want to be put in the position Kim Basinger was when she stepped out of a role in Boxing Helena- she was sued for 8 million dollars on a handshake deal, guys. And she lost.
For serious- the only thing you should say to a producer who contacts you is "Thanks for your interest! Let me put you in touch with my agent." Period. Don't say how much fun it would be, or what rights you think are available, or that you'd love to have a movie made- nothing.
"Thanks for your interest! Let me put you in touch with my agent."
Period.
That said, here are a handful of terms that will help you understand your film agent, and help you articulate what you would like out of an option:
Approval, Script/Cast: Means you get the final say on the script, or the casting. Unless your name is JK Rowling, you're not going to get approval.
Attachment: Somebody famous who wants to make your movie. This can be anybody, but it's usually an actor or a director. If your film agent wants to go attachment shopping, s/he's looking for somebody famous who's willing to agree to be in/make this movie. Still doesn't mean they will actually be in/make the movie. It's just a means of generating interest and funds.
Back End: All the profit from a finished film product. You want back end participation (ie, some of that money from the profit.) And you really want it off the back end gross if you can get it.
Blind Option: Somebody wants to option your property, but doesn't want you to tell people about it. Could be they're doing something underhanded, like sniping a property from a frenemy, or they don't want anyone to find out they're about to do a shift in tone, or they simply don't want to publicize a purchase- it's just something they're buying as an asset. Blind options kind of suck, because you get no PR from them. Then again, it's still free money that renews itself on a regular basis, so it's a suck that soothes itself.
Consultation, Script/Cast: Means they will ask you what you think of the script/cast. If you say something that makes them happy, they might even do it.
Credit: How you get credited is complicated and the rules for crediting are set forth by various guild contracts. As a writer, though, the credit you want for film is Executive or Co-Executive Producer. You get more money; they might listen to you about certain aspects of the production, they'll make sure you get invited to the premiere.
For television, you want Created By (money!) and Executive Producer or Co-Executive Producer (money and they might listen to you, or consult with you on the production.) Other credits you could end up with instead would be Based on a Novel/Series By, Story Consultant, Creative Constultant or Story By. (Less money, probably less involvement- courtesy titles.)
My People: Your film agent and your literary agent. It's totally legitimate to tell a producer who snuck up to your back door to talk to your people.
Property: What everybody around you will be calling your book. Once someone adapts your book into a screenplay, that will also become the property.
So, that's it from me for today. Have fun, good luck, and DON'T TALK TO THE PRODUCERS.
While I'm happy to check around and see if somebody making a request is legitimate or a scam artist, it's seriously in your best interest to hand all of this stuff off to your literary agent. S/he can get a film agent to negotiate on your behalf, and when it comes to film rights you really, really, really need one.
Film rights are complicated. They have a lot of strange and arcane rules, there's a lot of terminology that may or may not mean anything to you, and you seriously need somebody versed in LA-ese to negotiate for you. You do NOT want to be put in the position Kim Basinger was when she stepped out of a role in Boxing Helena- she was sued for 8 million dollars on a handshake deal, guys. And she lost.
For serious- the only thing you should say to a producer who contacts you is "Thanks for your interest! Let me put you in touch with my agent." Period. Don't say how much fun it would be, or what rights you think are available, or that you'd love to have a movie made- nothing.
"Thanks for your interest! Let me put you in touch with my agent."
Period.
That said, here are a handful of terms that will help you understand your film agent, and help you articulate what you would like out of an option:
Approval, Script/Cast: Means you get the final say on the script, or the casting. Unless your name is JK Rowling, you're not going to get approval.
Attachment: Somebody famous who wants to make your movie. This can be anybody, but it's usually an actor or a director. If your film agent wants to go attachment shopping, s/he's looking for somebody famous who's willing to agree to be in/make this movie. Still doesn't mean they will actually be in/make the movie. It's just a means of generating interest and funds.
Back End: All the profit from a finished film product. You want back end participation (ie, some of that money from the profit.) And you really want it off the back end gross if you can get it.
Blind Option: Somebody wants to option your property, but doesn't want you to tell people about it. Could be they're doing something underhanded, like sniping a property from a frenemy, or they don't want anyone to find out they're about to do a shift in tone, or they simply don't want to publicize a purchase- it's just something they're buying as an asset. Blind options kind of suck, because you get no PR from them. Then again, it's still free money that renews itself on a regular basis, so it's a suck that soothes itself.
Consultation, Script/Cast: Means they will ask you what you think of the script/cast. If you say something that makes them happy, they might even do it.
Credit: How you get credited is complicated and the rules for crediting are set forth by various guild contracts. As a writer, though, the credit you want for film is Executive or Co-Executive Producer. You get more money; they might listen to you about certain aspects of the production, they'll make sure you get invited to the premiere.
For television, you want Created By (money!) and Executive Producer or Co-Executive Producer (money and they might listen to you, or consult with you on the production.) Other credits you could end up with instead would be Based on a Novel/Series By, Story Consultant, Creative Constultant or Story By. (Less money, probably less involvement- courtesy titles.)
My People: Your film agent and your literary agent. It's totally legitimate to tell a producer who snuck up to your back door to talk to your people.
Property: What everybody around you will be calling your book. Once someone adapts your book into a screenplay, that will also become the property.
So, that's it from me for today. Have fun, good luck, and DON'T TALK TO THE PRODUCERS.