Serial production is a long-term process. We believe that the management of a production company should focus on quality production within the budget. We manage legitimacy to reduce the risk of litigation and manage problems when they arise. We adapt our documents and solutions to the project`s characteristics. Disposal: If the production company does not own the copyright, the person cedes all the copyright to the production company. Rights reserved in the original series to the author`s personal society. This then allowed the author to retain control of the co-production of a spin-off series. The production company is only responsible for losses in limited liability, which is of paramount importance to many customers facing significant production risks. Once we have created an appropriate production company, we establish the following agreements: Here, the problem depends on the type of television show. For example, a game has “format rights,” that is, the rules and structure that follow the show. It`s the format that appeals to the public.
Recent case law shows that a formatting right often equals copyright. Funding agreement allowing the production company to obtain advance payments prior to royalties from a television broadcaster. The chain had the prerogative of a first refusal once production was completed. An offender can copy a format right. An offender could replicate the format of a British game show in another country, even if its name is different. In the United Kingdom, the protection of presentation rights is notoriously difficult. Each project is a little different. That`s why we first understand your project risks, so your agreements are appropriate. Gannon made me keep my rights to the original production as a writer. John Deane has an excellent understanding of the television production industry and this can be seen in the boards. We often unravel rights issues .B on music, images and script.
For example, an author writes a script for a TV series. As a general rule, the copyright belongs to the author. To allow production, the author authorizes the copyright of the script to serial producers. The production company grants the American company a right of refusal, i.e. an operating option: negotiations can take time. We focus on the contentious issues to keep production on track. The limited company issues shares in the writer and the production company. Actions can be different classes. Each class has different rights, for example. B on votes, dividends and capital.
We ensure that the structure is flexible and meets the requirements of each party with custom shareholder agreements and by-law. The simplest method is for the broadcasting company to pay when production is complete. This payment covers production costs and good accounting statements are important. Producers, directors and actors generally work through limited companies. Some people agree to work on the TV series, that is, they are “induced”. We prepare the corresponding agreements, called incentive letters. Create a flexible business structure for a production company. This structure allowed the financing of a particular project by issuing preferred shares that could be exchanged at the end of production.
Download (Co-Production-Agreement-Television-Series.docx) and use this checklist when negotiating a Co-Production Agreement Television Series to help you reach agreement on important issues. Flip this Word document with the details to make it easier to write your agreements. The U.S. company pays the production company before production begins.