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Lot Long
by Gary E. Andrews - 11/10/26 11:20 AM
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Joined: Jan 2008
Posts: 2,764
Top 100 Poster
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OP
Top 100 Poster
Joined: Jan 2008
Posts: 2,764 |
Heidi, Well done!!! The $5000 option sounds like it lines up with the option being 10% of what the WGA guidelines have set for the writer's Rate for a small budget film...And yeah, Independent Films is a whole other, much smaller, Animal. Two quick questions...Was it the same film optioned twice or two different films?...And who is in control of the 'Renew Option' clause? Again, Kudos to you, and thanks for all the effort you put in to JPFolks in sharing your experiences. Midnite Hey guys, I had one script optioned twice and I got $5,000 each time. As for the writer's share of a script, from what I am observing right now, it depends upon whether it's an independent production or if it's done with a major company.
I currently have an independent producer putting together the financing for another film script which I co-wrote. Since she's doing all the leg work, she has set up an LLC with herself, myself and the other writer to all share in the profits of the film. If she succeeds in getting the financing, casting, shooting, distribution, etc. all done, it will at least give me one script out there that has been made. I guess it's like anything else. I just want to get something out there so that the next one will be easier! We'll see. Until then, at least I don't drive a cab or wait tables! LOL!
Heidi
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