SimplyScripts Discussion Board
Blog Home - Produced Movie Script Library - TV Scripts - Unproduced Scripts - Contact - Site Map
ScriptSearch
Welcome, Guest.
It is December 18th, 2018, 7:21pm
Please login or register.
Was Portal Recent Posts Home Help Calendar Search Register Login
If you wish to join this discussion board, please send me a message. Please do read the guidelines that govern behavior on the discussion board. It will make for a much more pleasant experience for everyone. A word about SimplyScripts and Censorship


Scripts Studios are posting for award consideration
October OWC Who Wrote What and Writers Choice
And the Hyper Epic pick is...

The Night Gallery 7WC Scripts

Short Script of the Day | Featured Script of the Month | Featured Short Scripts Available for Production | Submit Your Script

How do I get my film's link and banner here?
All screenplays on the simplyscripts.com and simplyscripts.net domain are copyrighted to their respective authors. All rights reserved. This screenplaymay not be used or reproduced for any purpose including educational purposes without the expressed written permission of the author.
Forum Login
Username: Create a new Account
Password:     Forgot Password

SimplyScripts Screenwriting Discussion Board    Discussion of...    Things you are looking for  ›  Production Co $ Question...
Users Browsing Forum
No Members and 2 Guests

 Pages: 1, 2 » : All
Recommend Print
  Author    Production Co $ Question...  (currently 310 views)
StevenClark
Posted: November 28th, 2018, 9:42am Report to Moderator
Yellow



Location
Upstate NY
Posts
1719
Posts Per Day
0.80
Okay, so I sent a feature to a producer. He read it, liked it. This all happened within hours of me sending him a query. Then he asks me if I want to help produce it. I say sure, give me more info. He send me a contract for me to look over - and it all looks on the up and up. He’s got IMDb credits and appears to be legit - a quick google of his name produces many hits, none negative. The cost of start up is between 3-5 thousand, after which the prodco will secure additional funding, and includes back end points and a hand in casting, limited rewrites, etc. Anyway...

What do you all think about this? I mean, it seems like a fair enough model and an opportunity to get something of mine out there with someone who appears to have the experience and the features to back it up. But it all seems kinda quick - a red flag, IMO.



Revision History (1 edits)
StevenClark  -  November 28th, 2018, 10:16am
Logged
Private Message
StevenClark
Posted: November 28th, 2018, 10:30am Report to Moderator
Yellow



Location
Upstate NY
Posts
1719
Posts Per Day
0.80
Also if anyone has any ideas for questions I can hit this guy with that’d be great.


Logged
Private Message Reply: 1 - 20
eldave1
Posted: November 28th, 2018, 11:11am Report to Moderator
Yellow



Location
Southern California
Posts
3857
Posts Per Day
2.41

Quoted from StevenClark
Okay, so I sent a feature to a producer. He read it, liked it. This all happened within hours of me sending him a query. Then he asks me if I want to help produce it. I say sure, give me more info. He send me a contract for me to look over - and it all looks on the up and up. He’s got IMDb credits and appears to be legit - a quick google of his name produces many hits, none negative. The cost of start up is between 3-5 thousand, after which the prodco will secure additional funding, and includes back end points and a hand in casting, limited rewrites, etc. Anyway...

What do you all think about this? I mean, it seems like a fair enough model and an opportunity to get something of mine out there with someone who appears to have the experience and the features to back it up. But it all seems kinda quick - a red flag, IMO.


He wants you to put up the initial $3K - $5K? or us he doing that?


My Scripts can all be seen here:

http://dlambertson.wix.com/scripts
Logged Offline
Site Private Message Reply: 2 - 20
StevenClark
Posted: November 28th, 2018, 11:40am Report to Moderator
Yellow



Location
Upstate NY
Posts
1719
Posts Per Day
0.80
We both put up an equal amount, between 3-5k to cover development, which would make us partners.


Logged
Private Message Reply: 3 - 20
eldave1
Posted: November 28th, 2018, 11:47am Report to Moderator
Yellow



Location
Southern California
Posts
3857
Posts Per Day
2.41

Quoted from StevenClark
We both put up an equal amount, between 3-5k to cover development, which would make us partners.


I would not do it.

1) What kind of Producer can't put together $10K of start up money on their own?
2) What assurance do you have that he's just not going to take your $$ and run.

Most importantly, if you are front funding yourself, there is no reason for you to be compensated in back end points - which you'd probably never see. You would want to be compensated on the same basis is the Producer is. You are both putting up equal investments and you are also putting up a script.

I could be wrong, but it smells like a scam to me.


My Scripts can all be seen here:

http://dlambertson.wix.com/scripts
Logged Offline
Site Private Message Reply: 4 - 20
khamanna
Posted: November 28th, 2018, 12:05pm Report to Moderator
Yellow



Posts
2925
Posts Per Day
0.87
What does he need your part of the start-up funding for? To shoot a teaser maybe?
I don't understand it.
Logged Offline
Private Message Reply: 5 - 20
Matthew Taylor
Posted: November 28th, 2018, 12:26pm Report to Moderator
Purple



Posts
120
Posts Per Day
1.91
I have no experience in such things - but what struck me was you said it happened within hours of sending a query letter.

How many hours? how long did this guy have to first read a feature, decide if it's viable, and whatever else producers need to consider before deciding on a project - A feature, I imagine, takes a lot of consideration - and then to decide to bring you in so quick, AND have a legal contract in front of you...

Maybe I'm sceptical, or maybe I've just got my accountant hat on too tight, but this would send alarm bells ringing for me.

I hope it is legit though.

What kind of due diligence can you do? contact the writers for the films he has credits? maybe he has done this kind of arrangement before


Logged Offline
Private Message Reply: 6 - 20
jayrex
Posted: November 28th, 2018, 12:43pm Report to Moderator
Yellow


Cut to three weeks earlier

Location
London, UK
Posts
1247
Posts Per Day
0.28
I wouldn’t give my money away.  Smells fishy.

If possible, see if you can contact someone on those credits you saw on IMDb to see how authentic he is.  Someone’s bound to have Twitter, Facebook or even their own site.


Logged
Site Private Message Reply: 7 - 20
StevenClark
Posted: November 28th, 2018, 12:59pm Report to Moderator
Yellow



Location
Upstate NY
Posts
1719
Posts Per Day
0.80
Matt, Kham and Dave,

All valid points you raise. And Matt — well that was the very first thing that struck me as odd was the time frame it happened in. 15 minutes from query letter to response.  11/2 hours from sending him the script to him finishing the script. Then the producer proposal. ( Then off to bed) Followed this morning by the contract with the offer.

I’m not going to do it. It was the producer angle that took me off guard — but there are no guarantees, like Dave said, that it will even get made. Or end up in production hell, in which case it’ll never get made and I’m still out 5k.

Just sent him an email respectfully declining, but asking if he’d like to option or buy.


Logged
Private Message Reply: 8 - 20
eldave1
Posted: November 28th, 2018, 1:04pm Report to Moderator
Yellow



Location
Southern California
Posts
3857
Posts Per Day
2.41

Quoted from StevenClark
Matt, Kham and Dave,

All valid points you raise. And Matt — well that was the very first thing that struck me as odd was the time frame it happened in. 15 minutes from query letter to response.  11/2 hours from sending him the script to him finishing the script. Then the producer proposal. ( Then off to bed) Followed this morning by the contract with the offer.

I’m not going to do it. It was the producer angle that took me off guard — but there are no guarantees, like Dave said, that it will even get made. Or end up in production hell, in which case it’ll never get made and I’m still out 5k.

Just sent him an email respectfully declining, but asking if he’d like to option or buy.


Smart choice.

As a final note - you don't really even know if he is who he says he is. One could easily find a producer on IMDB and then spoof them - i .e., assume their identity.


My Scripts can all be seen here:

http://dlambertson.wix.com/scripts
Logged Offline
Site Private Message Reply: 9 - 20
StevenClark
Posted: November 28th, 2018, 1:08pm Report to Moderator
Yellow



Location
Upstate NY
Posts
1719
Posts Per Day
0.80
And Dave, as he noted there was a portion of the contract that stated that after 6 months if the production money had not be secured then I would have gotten my investment back. So a money back guarantee. However, I get the feeling that there’s a way that can be danced around - such as, “Well, we’ve raised most of the money but not all. Just give me a little more time” kinda thing. Which could drag into months or years if you play the angle right.

A quick check on IMDbPro says this guy is on the up and up, however he has about 22 (!) projects that are either in development or pre-production.


Logged
Private Message Reply: 10 - 20
GM
Posted: November 28th, 2018, 1:14pm Report to Moderator
Yellow


Writing

Location
New York
Posts
2106
Posts Per Day
0.46
If it sounds too good to be true, then it is...unfortunately. Sorry to hear this..but it’s part of the crazy game we’re in.

Gabe



Logged
Site Private Message Reply: 11 - 20
Angry Bear
Posted: November 28th, 2018, 1:33pm Report to Moderator
God Queen of the SimplyScriptsVerse



Location
The Swamp...
Posts
6383
Posts Per Day
1.62

Quoted from StevenClark
The cost of start up is between 3-5 thousand, after which the prodco will secure additional funding, and includes back end points and a hand in casting, limited rewrites, etc. Anyway...

Many producers/directors out there are constantly looking for material. Typically they secure (option) rights to scripts they like enough to produce. Problem is that most of them will not put up the funding themselves, so they get the rights to scripts and then they proceed to go look for funding. It is not uncommon for these companies to have ten scripts at the time that they are pushing. Once the option runs out, let's say after two years, with no funding secured, the script goes back to the writer who is now stuck with an "old" script. This has happened to more writers than I can count. Some of them from right here. Me included. The prodco had my script for two years. That's two years that I could not show it to other producers.

I would say, don't dismiss them, but make sure you don't option it to them for a longer period of time.

Best of luck!  


Logged
Private Message Reply: 12 - 20
eldave1
Posted: November 28th, 2018, 1:57pm Report to Moderator
Yellow



Location
Southern California
Posts
3857
Posts Per Day
2.41

Quoted from Angry Bear

Many producers/directors out there are constantly looking for material. Typically they secure (option) rights to scripts they like enough to produce. Problem is that most of them will not put up the funding themselves, so they get the rights to scripts and then they proceed to go look for funding. It is not uncommon for these companies to have ten scripts at the time that they are pushing. Once the option runs out, let's say after two years, with no funding secured, the script goes back to the writer who is now stuck with an "old" script. This has happened to more writers than I can count. Some of them from right here. Me included. The prodco had my script for two years. That's two years that I could not show it to other producers.

I would say, don't dismiss them, but make sure you don't option it to them for a longer period of time.

Best of luck!  


True - what you described happened to me as well. But in this case they are looking for upfront money from Steve. That is far different.


My Scripts can all be seen here:

http://dlambertson.wix.com/scripts
Logged Offline
Site Private Message Reply: 13 - 20
eldave1
Posted: November 28th, 2018, 2:00pm Report to Moderator
Yellow



Location
Southern California
Posts
3857
Posts Per Day
2.41

Quoted from StevenClark
And Dave, as he noted there was a portion of the contract that stated that after 6 months if the production money had not be secured then I would have gotten my investment back. So a money back guarantee. However, I get the feeling that there’s a way that can be danced around - such as, “Well, we’ve raised most of the money but not all. Just give me a little more time” kinda thing. Which could drag into months or years if you play the angle right.

A quick check on IMDbPro says this guy is on the up and up, however he has about 22 (!) projects that are either in development or pre-production.


How do you even know he is who he claims to be? Anyone can pull a name off IMDB.

The only counter I would Consider making to him is a no money - short term option. i.e., you pay zip. You give a six month option to him to go find money for the production. If he truly loves your script - he'll so that. If he is just spoofing you - he won't.



My Scripts can all be seen here:

http://dlambertson.wix.com/scripts
Logged Offline
Site Private Message Reply: 14 - 20
 Pages: 1, 2 » : All
Recommend Print

Locked Board Board Index    Things you are looking for  [ previous | next ] Switch to:
Was Portal Recent Posts Home Help Calendar Search Register Login

Forum Rules
You may not post new threads
You may not post replies
You may not post polls
You may not post attachments
HTML is on
Blah Code is on
Smilies are on


Powered by E-Blah Platinum 9.71B © 2001-2006