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Hello. I have a question for the ss community. I am an actor hoping to assemble a cast and crew for a feature film this summer. I have been speaking with a fellow ss member (who will remain anonymous as of now). Together we hope to launch a feature film project. With the aid of kickstarter.com I hope to raise the funds necessary for an independent feature film budget. I am looking to raise anywhere from 50,000 to 100,000 dollars. It will take a lot of effort over the course of three months of fundraising. But anyway, how much money would you expect to receive for your script and the rights to it for a a very low budget independent feature film? I am not sure as to what the length of the script is going to be (so I would assume we can predict it will be the average feature script length). I want to be as fair as possible when paying my crew, especially the script writer. Thanks.
If you're a first time writer, writing a very low budget independent film, and a third party was interested in optioning or purchasing it? You'd make next to nothing. My guess, as someone with limited knowledge, would be in the range of $5,000 to to $10,000. Other convential wisdom says 3% of the budget.
I informed this person that I was under the impression that shoudl we raise 100,dollars, 5,000 dollars would be fair compensation for the script/rights. To me, 3,000 dollars seems unfair. But above 5,000 (around 7,000 to 10,000) seems a bit high considering the budget is small. I believe the script writer is a new writer (in terms of having a script produced), however; I do not believe age or experience should dictate talent (or at least to a degree).
Are you saying that an experience writer would receive 5,000 to 10,000 for a script for a low budget feature or an inexperienced writer would receive that amount?
And when I said someone with limited knowledge I meant me, btw... (0:
Best not to concern yourself with experienced writers because (a) they probably wouldn't get involved in a bootstrap production and (b) you probably couldn't afford them even if they would...
I think your offer of $5,000 is more than generous especially if the scriptwriter is to this point unproduced.
Hello. What do you mean "points on the end?" A percentage of the gross or credit? If so, that sounds fair. I am new to this and am conducting research on all of this. ANy reccomendations on a great source for this information? Thanks.
This depends entirely upon whether your production company is going to be a signatory to any guild agreements, as the guilds have minimums. The issue goes beyond the screenwriter: there's SAG, AFTRA, DGA, WGA, IATSE, etc.