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Film law is about contracts of all sorts, copyright, and trademark.
Susan has written and negotiated contracts for Life Story Rights. That's when someone wants to make a movie about someone's life.
She has also written Options contracts. In film, an Option is a contract between a screenwriter and a Producer. The Producer pays the screenwriter some money to reserve, for a set amount of time, the right to purchase their screenplay for a set amount of money. For example, an Option might say the Producer is paying the Screenwriter $5,000 to reserve the right, for one year, to purchase the screenplay for $100,000. At any time within that one year, the Producer can pay the screenwriter $100,000 and have the exclusive right to make a movie from the screenplay.
There are laws and rules about how a film can be financed and who can finance it. In many cases, film financing is an SEC matter and financers must be considered qualified. That means they must have a certain amount of fluid assets and knowledge of film financing and production. This is because financing a film is a very risky business where people are very likely to see no return on their investment and may even lose money.
Film contracts include contracts that are required by Guilds, such as the Screen Actors Guild, Writers Guild, or Directors Guild. These contracts have been deemed fair by these Guilds. The contracts have provisions for films that are made at various budgets, from ultra low budget on up to a full Hollywood high budget.
Contact: SusanBasko@gmail.com
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