Getting Paid (Part 3 of 4)
Interchangable Terms: When negotiating a profit provision in a contract, the definition of profits must be well worded, clearly defined and negotiated very carefully. Net profits, gross profits, gross revenue, gross points, adjusted gross profits, adjusted net profits, producer net profits—these terms can necessitate extremely different calculations or very similar accountings, depending how they’re worded, […]
Getting Paid (Part 2 of 4)
Profit Participation on Lower Budgeted Films: Sometimes actors receive back end points if they are working below the SAG minimum and on a lower budgeted film. SAG has 3 alternatives for films budgeted under $2.5 million: Low, Modified Low and Ultra Low Budget Agreements. These agreements allow producers to pay less in up front fees, […]
Getting Paid (Part 1 of 4)
There are different ways an actor can get compensated on a feature film: 1) Flat compensation, which is an “up front” daily or weekly rate, payable in lump sums or on a weekly basis; 2) back end compensation, which pays an actor out on the “back end” of a project, once the film has been […]
We need a contract to do a Webisode?
You have a camera. You have a great idea. You know a guy at a great high traffic site who promised to post your hot new show as soon as it was done! Making a webisode is easy. Kind of. But keep in mind that in order to do a webisode and post it online […]
Dorothy you’re not in the 90’s anymore… (Pilots)
So it is November 13th today, and conventional wisdom has it that there is maybe a week or so of legit “busy time” left before we ALL mentally just depart for a flippin’ 5-week stretch. NOT SO FAST MY FRIEND. Dorothy ain’t in Kansas… and it isn’t the 90’s. People, do not be like everyone […]