Hi gang,
I was wondering if anyone here had experience of getting the rights to a book?
Specifically, I'm speaking to one of the two supposed copyright holders of some old short horror stories regarding our adaptation of 3 of those stories.
In the EU, (and most of the world) these stories are now out of copyright however, two companies in the US claim to hold the copyrights for these stories and I'm in the sticky situation of trying to negotiate a deal with one or both of them.
One of these companies hasn't responded to emails, phone calls, messages to their lawyers or good old-fashioned snail mail, the other other has recently been in touch and requested a proposal.
We've only just got enough finance to make the film so an up-front payment is out of the question - all I can offer them is a % of US profits (after my company has recouped production costs, repaid loans + interest etc.)
This obviously assumes that we'll find distribution...
If you were in my position, what would you offer them (%-wise) - also, should we ask for exclusive film rights for a fixed period of time (5 years?)
Thanks for any advice you can offer!
I was wondering if anyone here had experience of getting the rights to a book?
Specifically, I'm speaking to one of the two supposed copyright holders of some old short horror stories regarding our adaptation of 3 of those stories.
In the EU, (and most of the world) these stories are now out of copyright however, two companies in the US claim to hold the copyrights for these stories and I'm in the sticky situation of trying to negotiate a deal with one or both of them.
One of these companies hasn't responded to emails, phone calls, messages to their lawyers or good old-fashioned snail mail, the other other has recently been in touch and requested a proposal.
We've only just got enough finance to make the film so an up-front payment is out of the question - all I can offer them is a % of US profits (after my company has recouped production costs, repaid loans + interest etc.)
This obviously assumes that we'll find distribution...
If you were in my position, what would you offer them (%-wise) - also, should we ask for exclusive film rights for a fixed period of time (5 years?)
Thanks for any advice you can offer!