The journey of any movie begins with finding a good story or script. Ideally, the producer can find a script that is ready to be shot, but usually professional screenwriters have to be used to create a screenplay. The script can be a new work, or a work based on existing material such as a novel, a play or comic books.
The script itself is considered an original work that gives rise to IP rights. A producer usually engages a screenwriter to create a short film plot and a draft, and the agreement may provide for subsequent versions, revisions or revisions in exchange for an agreed fee. The organizational and legal form of the contract concluded with the author of the script varies depending on the applicable legislation in the field of copyright and related rights.
If the motion picture is an adaptation of an existing work, the producer - before taking any further steps - enters into an option agreement to obtain the right to use the material. The option contract establishes that the owner of the original work, i.e., the screenplay, book, article or story, agrees to grant the producer for a specified period of time the right to make a film based on that work.
As the film is completed (and the option is exercised), the copyright owner receives an agreed upon fee for the current right allowing the use of the work within the specific film. At the same time, a rights sale agreement is usually entered into that sets out the terms of ownership of the rights to the screenplay, to the television material, or to the right permitting the product to be used within related market segments, such as for home viewing or new information and communication technologies.
The sophisticated producer tries to get the broadest possible rights so as to ensure optimal profitability and to have leeway, for example, to make the next series of films. The original copyright owner, for his part, makes every effort to retain some rights, such as the right to publish, the rights to produce the play, the rights to broadcast it on the radio, the rights to use the characters' images (if someone has a desire to write a sequel). Detailed contracts for the sale of rights help to avoid future unforeseen legal problems.
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