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Options
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| Annual
renewable options start at US$10,000
for concepts, with a maximum US$50,000
for a completed script.
The Instalment method
of payment may apply to options as well. |
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US
Rights Purchase
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| US
Rights (i.e. solely US, for limited media, and excluding World Rights)
start at US$50,000
for concepts and there is no maximum.
World Rights or rights
to other media are retained by me unless agreed otherwise. |
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World
Rights Purchase
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| World
Rights for all media start at US$200,000
for concepts and there is no maximum. |
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Instalments
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| I
like to operate using something like a win-win philosophy. In my view,
it's just as important for me to invest in the future of a potential buyer
of my work, as it is for the potential buyer to invest in me.
With that in mind, I
am willing to consider an agreement to purchase my work, in which payment
is made by instalments - typically in thirds.
That means 33% of the
agreed price up front, 33% after 90 days, and a final 34% after a further
90 days.
That gives the potential
buyer a good deal in my view, allowing them the opportunity to spread their
capital a little more widely.
My risk is that the potential
buyer may renege or go belly up within 90 - 180 days, leaving me to become
a creditor with little or no hope of recovering the outstanding payments
(although the rights to my work will of course revert in full to me - it's
written into all of my agreements).
For the right buyer,
it's a risk I am willing to take. After all, the buyer could spend 12 -
36 months (or more) and a heap more capital trying to turn the prospect
into a hot property and get nowhere. If I can contribute to an improved
chance of success simply by not demanding all money up front, then I see
that as a very worthwhile investment. |
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