| Commentary

270 Option agreements

| Commentary

2: ACQUISITION AGREEMENTS

270 Option agreements

Only a very small number of projects entering development are actually produced as films or television series. From a producer’s point of view, the acquisition of outright ownership in every project which the producer wished to develop would be uneconomical. Similarly, from the point of view of the author or owner, it would be bad business practice to sell film rights in an underlying work on an outright basis to a producer since, if the producer went into liquidation, lost interest in the project or was unable to raise the production finance or for

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to LexisLibrary or register for a free trial