![]() ![]() ![]() With law degrees in both California and Great Britain and over 40 years of combined practice in California and London, Film and Scripted TV Series Streaming Contracts Attorney Sebastian Gibson is the California entertainment attorney to turn to for film and television projects being produced in the U.S. ![]() Additionally, the production company has less risk and less riding on the project if it’s a failure even if that means the potential for a pot of gold at the end of the rainbow for a successful project is only a tin cup with some silver.ĭespite these issues in dealing with streaming services, what we are witnessing right now is truly only the beginning of a golden age of content production for film and television producers of scripted and reality series and streamers that will drive a creative environment in every facet of the film and television industry for generations to come.įilm and Scripted TV Series Streaming Contracts Attorney Sebastian Gibson The advantages of working with a streamer for the most part is that the streamer takes a hands-off approach and lets the production company make the project they want to make once it is greenlit. The trouble with that plan while the pandemic continues to rage is that with theaters closed and networks becoming less and less relevant, streamers are almost the only game in town at present. To retain more of the rights to licensing and syndicating and profiting from their projects, they will need to pursue independent projects that offer a better shot at reaping the rewards for a successful project. While a production company may negotiate a bonus if a show is renewed for subsequent seasons, such bonuses simply are not nearly as lucrative for a producer as would be if the production company had retained all the rights. That’s because of the costs a streamer will either deduct, such as a fee for distribution of a show, or because of the obligations a streamer may put on a producer to pay such items as residuals to talent when the episodes are shown on the streaming service’s platform. In essence, the production company signs away the majority of future revenue opportunities to the company for a larger payment up front.Ī production company that would otherwise make money through licensing deals, syndication and by other means such as merchandising and product placement will for the most part not be able to reap the rewards they would otherwise do so if the show is a big hit.Įven that larger payment up front to a producer doesn’t necessarily mean a production company will make a profit after the first season of a television series. With streamers like Netflix holding the purse strings however, the streamer essentially pays talent handsomely and a premium over production costs in return for wanting to retain most of the worldwide rights. No matter what type of TV project you have, a dramatic or reality television show, a limited series or one that could seemingly go for six or more seasons depending upon how successful it is and whether a franchise or universe could be built around it, there has never been a better time to be developing a television series project or to pitch it to Netflix. If that’s not enough for producers, directors and writers to get excited about, there’s still the networks, other players in Britain, and can it be long before we see Facebook and other social media companies joining the streaming revolution and reaching out to film and television producers for content. Netflix Film and Scripted TV Series Streaming Contracts Film and Scripted TV Series Streaming Contracts Attorney Sebastian Gibson, The Right Choice in Film and Television Series Streaming Contracts and Entertainment Lawyersįilm and Scripted TV Series Streaming Contracts Attorney Sebastian Gibson will tell you, there has never been a more exciting time for film and television production companies looking to produce and pitch film projects and television scripted and unscripted limited dramatic and reality series to streamers like Netflix, HBO, HBO Max, Amazon Prime Video, Hulu and the BBC, not to mention Disney Plus, Peacock, Discovery Plus, Paramount Plus, and Apple TV. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |