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Chip Street
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21 Things You Need To Know About Screenplay Options: The Indie Screenwriter's Guide To Protecting Yourself And Getting The Best Deal Kindle Edition

by Chip Street (Author) Format: Kindle Edition
3.8 3.8 out of 5 stars 3 ratings
See all formats and editions
You've written a screenplay. Now someone wants to option it.

But what's that mean, exactly? Do you know how to make sure you're getting the best deal?

Of course, you should have an entertainment attorney.

But you're going to be hearing a lot of complicated legalese that you won't understand.

This layman's overview gives you the basics so you'll be able to ask your attorney the right questions, negotiate your best price and perks, and protect your precious intellectual property.

You'll learn:

What an option is and how it's different from a sale.

Why producers don't just buy your screenplay in the first place.

How much you'll get paid.

How to ask for bonus payments.

When to turn down an option.

What "equity" means, and the difference between backend "points" and "percentage."

What a "box office bonus" is.

How to get paid for NOT writing.

And more. Based on the highly rated series of blog posts by an indie screenwriter, drawn from his own successful negotiations. This information has been cited and referenced by the Bluecat Screenplay Competition, ScriptTips, and SimplyScripts, and remains one of the top articles about screenplay options on Google.
Previous page
  1. Print length
    45 pages
  2. Language
    English
  3. Sticky notes
    On Kindle Scribe
  4. Publication date
    October 3, 2018
  5. File size
    877 KB
  6. Page Flip
    Enabled
  7. Word Wise
    Enabled
  8. Enhanced typesetting
    Enabled
  9. See all details
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Editorial Reviews

Review

"Street has some experience with options ... his insight could be of great help down the road, when you become faced with an option situation." -- BlueCat Screenplay Competition

From the Author

As an indie screenwriter, I've been through the option gauntlet a number of times now, and I get asked about the experience and the process all the time.

And I know how much I appreciate when I stumble across some good first-hand info.

So I figured I'd gather the notes that came out of my experience and share them, in the hopes that it'll prove useful to others.

Of course, I'm no lawyer, but I did pay one (a really good one, too!) to represent me in my deals. I wanted to learn, so I involved myself in the negotiation process, and reviewed each round of revisions on the offers and eventual contracts, asking lots of questions, and taking lots of notes.

I asked my attorney to mark up the contract with all the items of concern or negotiation he could think of... then I had him go over them with me, and explain things to me that I didn't understand.

I flagged the things I wanted to ask for in my option deal and removed the things I felt were over-reaching or I just didn't think I needed.

Then we finalized the option that eventually led to the sale of that first script.

Now that I've got a handle on the basic vocabulary and have some sense of what it is I should be looking for, I don't feel like an outsider in my own negotiations.

Hopefully, this can help you feel a little more informed as well.

Product details

  • ASIN ‏ : ‎ B07J1L5QLB
  • Publisher ‏ : ‎ William Street (October 3, 2018)
  • Publication date ‏ : ‎ October 3, 2018
  • Language ‏ : ‎ English
  • File size ‏ : ‎ 877 KB
  • Simultaneous device usage ‏ : ‎ Unlimited
  • Text-to-Speech ‏ : ‎ Enabled
  • Screen Reader ‏ : ‎ Supported
  • Enhanced typesetting ‏ : ‎ Enabled
  • X-Ray ‏ : ‎ Not Enabled
  • Word Wise ‏ : ‎ Enabled
  • Sticky notes ‏ : ‎ On Kindle Scribe
  • Print length ‏ : ‎ 45 pages
  • Customer Reviews:
    3.8 3.8 out of 5 stars 3 ratings

About the author

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Chip Street

Chip Street

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Chip Street wrote and illustrated his first books in elementary school, on lined paper, stapled together and shared with his friends. They were about a boy who really really wanted a dog, and a boy who had a lizard for a pet. Spoiler alert: Both those boys were him.

He went on to write poetry and short stories all the way through high school.

In college, he majored in creative writing -- specifically children's literature -- and art. He was lucky to study with an award-winning children's author who was also a Poet Laureate and a Pulitzer finalist, who inspired him with her friendship and kind guidance.

Having children -- and now grandchildren -- has given Chip lots of opportunities to tell bedtime stories and draw pictures. Now, he's able to share his stories and drawings with everyone.

His books are all rated 4-5 stars on Amazon; film rights for one, "Rocket Summer," have been sold.

Customer reviews

3.8 out of 5 stars
3.8 out of 5
3 global ratings

Top review from the United States

Wayne A. Patterson
5.0 out of 5 stars Where to allocate time in writing a screen play.
Reviewed in the United States on June 26, 2019
Verified Purchase
Great education in the Movie business.
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Top reviews from other countries

Rat and Cat
2.0 out of 5 stars Full of information
Reviewed in the United Kingdom on July 8, 2019
Verified Purchase
Yep, full of great information, as a writer waiting for the next step of being Optioned, I thought I would see what was involved, this book is an eye-opener to the world of agents, managers and producers etc.

so if so great why the 2 stars........because I had read in all the same info for free a day earlier in the authors Bloggs.....
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