Ok. Cool.

Quoted from BarryJohn Thanks all for your input. RENEC   [QUOTE] [i] I'm thinking of informing them: The option is off the table, and the script (full rights) is for sale at $1,000.

WAY too low. If you have something they could turn into TV ... way way too low. Don't give it away.

Quoted Text WAY too low. If you have something they could turn into TV ... way way too low. Don't give it away

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I walked away... I still own my script. One day, one year, the right people with the right money will come along.

Doesn't sound like much of a "production company". Tell them to eat shit! Seriously, never heard of a production company (established or not) that would even suggest controlling the rights without paying for it. Have you seen any of their previous work?

An option means controlling the rights, for a temporary period of time. It doesn't give the producers the right to create anything new with them or do anything other than develop the script, but if they don't have the rights to the script for the option period there's nothing stopping a writer from selling it out from under them or giving it away or making it on their own. What would be the point of optioning if the producers don't have the rights to the property?

Spesh2k. They had an okay website and only one produced short. They emphasized they were new, and hay... we all started somewhere. But the red light was, they wanting the full rights to the script without paying for it. Thus, I walked away.

Renec. I get what you say, In that the production company is going to invest his/her time and money in making the short film. They need to know (in writing) that they have X amount of time to complete the film, and in that time the script / story / premise will not be optioned (used in any manner) by any other. And that is clearly stated in my agreement in that they have six months to complete filming. In which period they have the FILMING rights. I would go as far as giving them a time extension if they came across production hick-ups. It all be in my interest to look after theirs. But what they wanted, and what I would give them, is ownership of property (script) Not for free that is.

Thanks for your valid comments guys.            

Always a good thing to have interest in your work.

The topic of scripts options are very intriguing as that is all we do.  Our producers are generally newer to the industry or have some credentials - but all have access to film financing - whether investors themselves, or through a pooled network (ie. REIT or angel groups).

Now the caveat here is that it's a intentionally small (but growing) group.  And primarily they are searching for script material that has commercial viability and a clear path to revenue/return generation (smaller group - but growing with the economic streaming model).

Ultimately the purchase price for a script option or treatment in our platform generally spins up to 2K per product (some more/some less), but the scripts are production ready and only served via our internal writers network (ie. already been through that "development hell"). This saves a real producer considerable time and money when either searching for a director or taking the material and tweaking it for their own purposes.

You mention a 'platform' do you have a website?

Googling 'woaccelerator' doesn't seem to find anything.

Quoted from AnthonyCawood You mention a 'platform' do you have a website? Googling 'woaccelerator' doesn't seem to find anything.

Anthony - I found it here:

https://woaccelerator.com/#/

I actually can't tell what it is they specifically do.

Quoted from eldave1 Anthony - I found it here: https://woaccelerator.com/#/ I actually can't tell what it is they specifically do.

Just had a look, it's really vague. If I was explaining this company to someone who had no idea what they did, I wouldn't know where to start.

Quoted from Warren Just had a look, it's really vague. If I was explaining this company to someone who had no idea what they did, I wouldn't know where to start.

That was my thought

just fyi, but years back I had people express interest in a script of mine only for it to be a ploy to get me to pay for some sorta feedback service. As a result now, anybody that expresses interest must pay me to respond to an email.

Quoted from Robert Timsah just fyi, but years back I had people express interest in a script of mine only for it to be a ploy to get me to pay for some sorta feedback service. As a result now, anybody that expresses interest must pay me to respond to an email.

ugh!

Quoted from AnthonyCawood You mention a 'platform' do you have a website? Googling 'woaccelerator' doesn't seem to find anything.

Hi Anthony woaccelerator.com is the main website.  

The core of our free program has three components:
1. Writers work with a team to get their portfolio of scripts production-ready
2. Scripts goes into our patented option marketplace with vetted producers (new and old - but access to capital is the main criteria on that side).
3. Writers have their scripts optioned.

Writers in the program work on a portfolio of material (10-15 scripts) vs a single script.  The program goal is to produce consistent working writers.

There is an FAQ section (footer of the website) that may answer some of the more nuanced questions.

Hope that helps.

Cheers,

Jeremy