CINEMA LAW: BIG STAR, NO MONEY

KWIKA Entertainment Law Blog

We are speaking to a pretty well-known star but don’t have the budget to necessarily pay the actor up front, so he’s requested we pay him on the back end with participation fees, residuals, etc. Tags: Back End Contingent Compensation Profit Participation Residuals [This blog entry originally appeared at MovieMaker.com.] Q: I’m an independent moviemaker currently in development on a new project.

Watchmen Fracas Resolved: Fox Gets Back End Share

Thompson On Hollywood

It gets a back-end gross share of the movie. The Watchmen Duel of the Titans between Fox and Warners has been resolved. Winners: Warners. They get to open the movie as planned on March 6. Fox is also a winner. And gets rewarded for chasing after a legal opportunity.

Trending Sources

Agent of 'Hawaii Five-O' Creator Sues CBS to Invalidate Reboot Deal (Exclusive)

THR, Esq. Entertainment & Media Law Blog

George Litto wants CBS to be paying a much bigger back-end to profit participants under an agreement for the original series made nearly 40 years ago.

Recommended Readign: What Dealmakers can learn from Sandra Bullock

Gordon P. Firemark

Appleton’s premise is that folks who’ve previously gotten rich front- and back-end deals may have to give ground on some points, but if willing to share some of the risk of a flop, they can still find ways to share in the rewards from a box-office and/or DVD success. Entertainment Lawyer Dina Appleton’s guest post today in THR, Esq. Blog is an excellent discussion of how win-win deals can still be made for high-level talent, in today’s risk-averse climate.

Cheating people shouldn’t be the way you succeed.

Gordon P. Firemark

But usually, the low-ball front-end of the deal was offset by fair and reasonable terms later in the development and production cycle, and of course on the back-end. It seems that some producers and financiers have decided that, simply because they can get away with offering lousy deal terms from beginning to end, they should.

Asked & Answered: How to Option a person’s life story

Gordon P. Firemark

Purchase Price / Compensation – This can involve a cash payment, some deferred payments, bonuses and back-end compensation. end transcript =. In this video, Entertainment Lawyer Gordon Firemark answers a question about life rights option deals.

Subsidiary Rights Clauses in Theatrical Production Contracts. What’s the big deal?

Gordon P. Firemark

Thus, they argue, they must share in the play’s “back-end” to justify the financial risk they take. One of the most heatedly negotiated provisions in theatrical production licenses these days is the Subsidiary Rights Clause.

Why I Close My Doors For a Conference

Media Law

Combine that with nourishing food and wellness activities, and the conference definitely offers the kind of growth Modern Law’s employees were looking for, particularly the support professionals who make the back end work.

Independent New Media Productions

Digital Media Law

Fourth, it’s reasonable for performers to negotiate for back end (a piece of the producer’s gross or net revenues), so that if the producer does make money, so will the performer. There are casting notices out there for SAG new media productions under the “SAG New Media Contract.” A few notes may help clarify what these are, and help performers enforce a few of their rights.

Fed. Circuit: prisoners get no copyright love

Copyrights & Campaigns

But for Mr. Walton, the salary was not sufficient; he wanted a piece of the back-end. per hour and various other benefits," if not a piece of the back-end. (h/t Robert James Walton was not your average federal prisoner. The convicted bank robber earned a college degree while incarcerated, and became proficient at desktop publishing. While at Leavenworth, he worked for Federal Prison Industries Inc.,

Russian Election Hacking Efforts, Wider Than Previously Known, Draw Little Scrutiny - The New York Times

Communications And Entertainment Law Blog

""The calls started flooding in from hundreds of irate North Carolina voters just after 7 a.m. on Election Day last November. Dozens were told they were ineligible to vote and were turned away at the polls, even when they displayed current registration cards.

CREATIVE ACCOUNTING

Entertainment Law Resources Blog

No doubt, there are numerous instances where producers or distributors have cooked the books to avoid paying back-end compensation to those entitled to it. They want to avoid any implication that the back-end compensation promised participants has anything to do with the concept of profitability. Filmmakers and profit participants often lament about distributors engaging in creative bookkeeping.

Build Your Own Law Firm App With ‘Barrister App’

Media Law

Further, Barrister App comes with a simple content management system (CMS) on the back end that lets you add content about your firm and its attorneys, customize the look of the app, manage your information, and even send notifications to your clients.

As Thomson Reuters Readies Layoffs of 3,200, What’s It Mean for Customers?

Media Law

Thomson Reuters, the dominant provider of research and information services for the legal profession, last week announced plans to reduce its workforce by 3,200 and close 30 percent of its offices by the end of 2020. Acquire more customers in the lower end of its market segments.

How Long Can Reed Hastings Hide Behind Kevin Spacey’s Sarong?

Music Technology Policy

I would bet that Mr. Spacey has a nice piece of the back end on that show, which makes him Mr. Hastings partner for real. Netflix is rapidly finding that exclusive original programming is the solution to some of its subscriber problems. We are kind of enjoying watching these “cutting edge” Silicon Valley “innovators” come to conclusions that are circa 1950 for our business, but glad that they are figuring these things out gradually.

CREATIVE ACCOUNTING

Entertainment Law Resources Blog

No doubt, there are numerous instances where producers or distributors have cooked the books to avoid paying back-end compensation to those entitled to it. They want to avoid any implication that the back-end compensation promised participants has anything to do with the concept of profitability. Filmmakers and profit participants often lament about distributors engaging in creative bookkeeping.

Guest Post: The Role of the Record Producer and Why We Need PROTECT IP/Stop Online Piracy Act by Luke Ebbin

Music Technology Policy

Statistics like this hardly provide incentive for the producer to give his time and efforts to this unproven act since there is little potential for back end payment. I wake up every day thankful that I make a living and support my family with my work as a record producer. Unfortunately, this has become increasingly more difficult thanks to rampant piracy and the unabated and, to many, socially accepted act of file sharing.

Guest Post: The Role of the Record Producer and Why We Need PROTECT IP Act by Luke Ebbin

Music Technology Policy

Statistics like this hardly provide incentive for the producer to give his time and efforts to this unproven act since there is little potential for back end payment. I wake up every day thankful that I make a living and support my family with my work as a record producer. Unfortunately, this has become increasingly more difficult thanks to rampant piracy and the unabated and, to many, socially accepted act of file sharing.

Transformers: ROTF Premiere, LaBeouf's Wild Life

Thompson On Hollywood

The back end was still a problem, even with Pitt's upfront price slashed. Here's what I learned on my rounds at the Transformers: ROTF premiere Monday night: Transformers 2 cost about $250 million, plus $150 million in global marketing. That's $400 million going in.

The Matador Opens December 23

Entertainment Law Resources Blog

Net Profits," however, are defined so that there is little likelihood the employee will ever realize anything from this "back-end" compensation. Under such a film acquisition agreement, the distributor may agree to share revenue according to a formula that will actually generate monies on the back end, assuming the distributor accounts fairly. The Matador starring Pierce Brosnan, Greg Kinnear and Hope Davis premieres in New York and Los Angeles on December 23.

The Matador Opens December 23

Entertainment Law Resources Blog

Net Profits," however, are defined so that there is little likelihood the employee will ever realize anything from this "back-end" compensation. Under such a film acquisition agreement, the distributor may agree to share revenue according to a formula that will actually generate monies on the back end, assuming the distributor accounts fairly. The Matador starring Pierce Brosnan, Greg Kinnear and Hope Davis premieres in New York and Los Angeles on December 23.

SUICIDE BLONDE WINS JUDGEMENT AGAINST RGH/LIONS SHARE PICTURES

Entertainment Law Resources Blog

A secured loan is supported or backed by security or collateral. An unsecured loan has no particular property backing it. In such a case, creditors may end up receiving only a small portion of the money owed them. Giving a creditor a “piece of the back-end,” or otherwise giving the creditor equity in the project, makes the transaction look like an investment.

SUICIDE BLONDE WINS JUDGEMENT AGAINST RGH/LIONS SHARE PICTURES

Entertainment Law Resources Blog

A secured loan is supported or backed by security or collateral. An unsecured loan has no particular property backing it. In such a case, creditors may end up receiving only a small portion of the money owed them. Giving a creditor a “piece of the back-end,” or otherwise giving the creditor equity in the project, makes the transaction look like an investment.

Hawaii Offers Generous Tax Credits to Film Production Companies

Entertainment Law Resources Blog

So the Hawaii investors gets back 200% return over 5 years. In return, the Arkansas investor could be given a greater share of the back end, or preferred recoupment. December 20, 2002 In This Newsletter: Hawaii Offers Generous Tax Credits to Film Production Companies Hawaii recently enacted some very impressive and generous tax incentives.

Fox 40

Hawaii Offers Generous Tax Credits to Film Production Companies

Entertainment Law Resources Blog

So the Hawaii investors gets back 200% return over 5 years. In return, the Arkansas investor could be given a greater share of the back end, or preferred recoupment. December 20, 2002 In This Newsletter: Hawaii Offers Generous Tax Credits to Film Production Companies Hawaii recently enacted some very impressive and generous tax incentives.

Fox 40

UPDATED STATE INCENTIVE INFORMATION

Entertainment Law Resources Blog

So the Hawaii investors get back a % return over 5 years. In return, the Arkansas investor could be given a greater share of the back end, or preferred recoupment.

Tax 40

UPDATED STATE INCENTIVE INFORMATION

Entertainment Law Resources Blog

So the Hawaii investors get back a % return over 5 years. In return, the Arkansas investor could be given a greater share of the back end, or preferred recoupment.

Tax 40

Frequently Asked Questions: Writing

Entertainment Law Resources Blog

Do I ask for up front money as well as a back end deal? If you are going to give your script to someone for a very minimal payment, then it seems to me you should be rewarded handsomely on the back end with a significant deferment and/or participation in the profits. Otherwise you can end up in a messy situation where it is unclear what the respective rights of the parties are. Answers from Mark Litwak, Attorney At Law.

Frequently Asked Questions: Contracts

Entertainment Law Resources Blog

Looking back, I now realize it was a foolish deal to sign. Question: Could you define "modified adjusted gross" as it applies to back-end participation? Answers from Mark Litwak, Attorney At Law. DISCLAIMER: The information provided here is intended to provide general information and does not constitute legal advice. You should not act or rely on such information without seeking the advice of an attorney and receiving counsel based on your particular facts and circumstances.