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10 million $ screenplay?

I was reading this article here, and by chance, I read the screenplay price for Spider Man 2:
http://en.wikipedia.org/wiki/Film_budgeting
Is this a mistake or possible to be true? And for Terminator III, Story Rights: 19. 5 million $ and Screenplay: 5.2 million $. Are they the same people with the story rights? I was amazed as to how high these numbers are! That's mind blowing for me! Then again, maybe it's just Wikipedia stuff, very, very far fetched and far from reality! So, what do you think is the truth behind all this? Thanks for answering!:)
 
Is this a mistake or possible to be true? And for Terminator III, Story Rights: 19. 5 million $ and Screenplay: 5.2 million $. Are they the same people with the story rights?

I'm not sure, but I think it's a rather safe bet that the story rights and script writer were different people. I don't think James Cameron had much to do with T3 though I presume he'd own the rights from T1 and T2, but it also may have been owned my Comalco.
 
It's Spiderman, a very famous franchise. They want it made, so they are ready to pay so much for it. And they probably hire the best writers.

Or the producer's husband..... head of Sony Pictures Laura Zisken hired her own husband Alvin Sargent to write the screenplay for Spider-man 2 and 3 and the Amazing Spider-man....
 
Or the producer's husband..... head of Sony Pictures Laura Zisken hired her own husband Alvin Sargent to write the screenplay for Spider-man 2 and 3 and the Amazing Spider-man....
No conflict of interest there then... :hmm:

To put the $10m script headline in context...

Spec script sales over $1m (one, not ten) are getting a lot less common these days. Spec sales over $2m are a very rare beast now. Spec sales over $3m are exceptionally rare now.

Jerry Bruckheimer Acquires Sci-Fi Spec 'Lightspeed' For Near-Record Sum
http://theplaylist.blogspot.ca/2010/05/jerry-bruckheimer-acquires-sci-fi-spec.html

However, there are exceptions; for instance, Variety announced today that Disney and Jerry Bruckheimer Films have picked up the script "Lightspeed" from writers Terry Rossio and Bill Marsilli for a figure in the low seven figures, against $3.5 million. Aspiring screenwriters shouldn't get their hopes up just yet however -- the pair also hold the record script sale for "Deja Vu" (which was also set up with Bruckheimer, for $5 million), and Rossio is a co-writer on "Pirates of the Caribbean," among many others, so they're not exactly fresh off the bus.

Universal Buys ‘Snow White and the Huntsman’ Spec Script
http://www.slashfilm.com/universal-buys-snow-white-and-the-huntsman-spec-script/

Deadline says the deal was huge: $1.5m against $3m if/when the film is produced.

... 'the against' means if the film actually gets made, the writer will get (in total) the final end sum [a lot more specs are bought/optioned than are actually made]
 
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sonnyboo, that's a problem of every industry... They hire friends or family. But, I assume the hired people are still writers. They wouldn't hire a taxi driver to write a screenplay, even if he is from their family.
 
Hollywood is an incestuous, nepotistic enclosed environment. Whether acting, writing or directing, family and friends comprise the majority of the "big deals". Very few outsiders break into that community without working their way up in the studio system or married/friended into it. This issue arises again and again in this forum.

1. It is not being negative but being realistic--writing a blockbuster screenplay as an outsider and making millions is as likely as hitting the lottery. Perhaps in the past, but not so much anymore. Even Bluecat and Nichols winners and finalists are not guaranteed to have their prize-winning screenplays made into films. If you cultivate industry connections, you might be able to get someone to look at your script. What I find over-and-over reading and hearing interviews is that the main sell of a script by non-insiders comes from a face-to-face pitch that arises by happenstance either to a movie executive or sympathetic insider. You need someone higher up on the food chain than a few readers to get that script into an executive's hands. That's where managers and lit agents help. If like Shane Black, you're a UCLA graduate and actor with an agent back in the 1980s, you could probably get someone to read your script. That's the only way Blackisms today would fly and your agent would probably still discourage them.

2. Studios almost completely shun originality. They prefer to buy pre-existing products (novels, comics, television, games, etc.) that they can adapt to the screen. Even movies which we consider classics (Maltese Falcon, Wizard of Oz, Gone with the Wind, etc.) are based on best selling books. Since the studios are now targeting younger audiences, most of the big bucks are invested to cater to them. A poll of people who actually saw Oscar nominated films ("12 Years a Slave", "Gravity", etc.) revealed a very small percentage. While quality comes from smaller independent studios, the bulk of the large investments are in 'junk food' comic adaptations. When you see the long list of A-list actors on some of these DC and Marvel comic films, you see the above the line budget just skyrocketing. It's not that they're not fun to watch, but on the flip side, that's why no one in Hollywood really gives a rat's ass about your script when you send it in. Hollywood has become exceedingly risk-adverse.

3. It is far easier if you write and direct your own work. You can show it in a festival, watch online or go the direct to dvd route. You get instant IMDB creds and if you're lucky and talented, it will get noticed by others who can help you jumpstart your career. Writer/Directors are much more successful in making the leap. Spielberg, Lucas, Bruckheimer, Abrams, Tarantino, etc. all got their breaks not because of their writing but by their directing. Spielberg interned as student helping in television. Lucas' THX won an award and was noticed. Bruckheimer worked with a director and produced ads and films before breaking off. Tarantino's writer/director debut won him attention in part because Harvey Keitel, through his contacts, helped produce and act in it. Again, most successful screenwriters have emerged from partnerships and contact with directors. I want to emphasize the importance of networking.

4. It is not impossible to break into the ranks but it takes dedication. Most people believe if they write a good screenplay it will make them rich and famous. They want a winning lottery ticket. Most of the people who have succeeded have put sweat equity into honing their skills. So, yeah, we can say "Wow, $10 million for his/her screenplay. I wonder what their secret is?" Bottom line, write, work to improve, network, and be willing to work in the field. Sometimes you get lucky and have the ear of the right person. But you can still make your own "luck" if you take responsibility and put in the effort.
 
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