That's because usually a star guarantees a big opening at the box office, the first two weekends of a movie's release which is when the studio makes most of its money.
LOGLINE DEFINITION MOVIE
When a star comes aboard, the chances of the movie getting made goes up tremendously. This is when an actor, producer or director agrees to do a movie. This is when a writer is paid upfront for writing services whether or not the screenplay is produced. Who are they? That's for you to research. You're better off with a smaller agency that deals with new writers. Stay away from the big agencies, like CAA, William Morris and UTA. They'll read a script only after their assistant reads it and loves it. Their day is spent on the phone selling specs and getting assignments. Agents rep more clients than managers and many don't have the same amount of time to work with a writer on rewriting material. Make sure they are listed in the Hollywood Representation Directory. You want to sign with a Writers Guild Signatory and one located in the Los Angeles area. They take 10% of your paycheck which gets sent to them first before you see it. They are the folks who sell your material and get you an assignment. So in this instance it means that the writer was paid 100 thousand upfront and will be paid 200 thousand upon completion of principal photography or whenever the contract calls for the last payment.
This is the option price against the total purchase price.
Such as: "100 thousand against 300 thousand which looks like this:ġ00k/300k. If you call a script a "play," fugetaboutit. You need to know these words that Hollywood uses.
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