Film Production Contract / Photo Credit: Template Hunter
WHAT IS A RENT-A-SYSTEM DEAL? (In
the Entertainment industry.)
In a rent-a-system deal, a producer licenses certain film
rights to a distribution company, typically a studio, for a limited term, but
the distribution company is not required to pay an advance to the producer to
either finance production or take delivery of the film. In fact, in some cases
the producer pays all distribution expenses relating to the film.
In exchange for the absence of fixed payments by the
distribution company, the distribution company agrees to a very low
distribution fee, and the remaining revenues are remitted to the producer. In
essence, the distribution company avoids any risk of loss relating to the film,
particularly if the distribution company does not pay distribution expenses,
and the producer bears the full risk and reward of the success or failure of
the film. Because of the absence of financial commitment by the distribution
company, and the limited upside from the low fee, distribution companies have
little incentive to adequately market and push a rent-a-system film, so such
films often flop.
References
& Credits: Google, Wikipedia, Wikihow, WikiBooks, Pinterest, IMDB, Linked
In, Indie Wire, Film Making Stuff, Hiive, History Channel, Film Daily, New York
Film Academy, The Balance, Careers Hub, The Numbers, Film Maker, Film Site, TV
Guide Magazine, Blurb, Media Match, Quora, Creative Skill Set, Chron, Investopedia,
Variety, No Film School, WGA, BBC, Daily Variety, The Film Agency, Best Sample
Resume, How Stuff Works, Studio Binder, Career Trend, Producer's Code of
Credits, Truity, Production Hub, Producers Guild of America, Film Connection, Variety,
Wolf Crow, Get In Media, Production Beast, Sony Pictures, Warner Bros, UCAS, Frankenbite,
Realty 101, Careers Hub, Screen Play Scripts, Elements of Cinema, Script
Doctor, ASCAP, Film Independent, Any Possibility, CTLsites, NYFA, Future Learn,
VOM Productions, Mad Studios, Rewire, DP School, Film Reference, DGA, IATSE, ASC,
MPAA, HFPA, MPSE, CDG, AFI, Box Office Mojo, Rotten Tomatoes, Indie Film
Hustle, The Numbers, Netflix, Vimeo, Instagram, Pinterest, Metacritic, Hulu, Reddit,
NATO, Mental Floss, Slate, Locations Hub, Film Industry Statistics, Guinness World
Records, The Audiopedia, Imagination for People, Literary Devices, On Post
Modernism, Forbes, Schuyler Moore, Film Escape, Jon Garon
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Film Production Contract / Photo Credit: Template Hunter
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