Option agreement is an agreement where the Writer of a right/ work/property offers an option (basically an exclusive ability) to a potential buyer for a certain period of time which is called an “option period”.
During the option period the potential buyer will consider whether / or not to purchase the rights/ works/property and for which the Writer upon getting payment of a certain amount of fee which is called an “option fee”, gives exclusivity right to the potential buyer. It is pertinent to know that it is an exclusive but a temporary right.
An option agreement typically includes a set purchase price to be paid to the owner should the purchaser exercise its option. In other words, this can be called an “exclusive ability” to purchase / or sell but not an “obligation” to purchase or sell under the option agreement. It gives, agreed upon price and future date and also commercial terms related to the transaction.
Domestic Distribution:
It is entered by the producer of a film with theatres in India for the purpose of release of the film.
Overseas distribution:
Overseas distribution is essential for producers for release of his film in theatres in foreign countries as it not only enables the film to reach a wide audience but also garners profits.
Line Production is a managerial service provided by a Line Producer who is a link (fulfills the gap) between Producer and Film Production. They are hired by the Producer of the film to supervise the fulfillment of a defined set of sequential operations involved in production from pre-production to post production phases.
In Co-Production, two or more parties come together to produce a film/ web-series/web-show, without each of them working under another. Co-producers can freely negotiate upon the basis of their understanding regarding the activities to be performed by each producer during their Co-Production
Showrunner is a person who creatively manages and /or develops all the activities related to the various production stages of Web Series.
The rights involved would include copyright in literary and musical works as stated under Section14(a) of the Copyright Act for the lyrics as well as the tune used in the song respectively, and copyright in the sound recording as stated under Section 14(e) of the Copyright Act with regards to the song as a whole.
With a non-exclusive license, the owner of the copyright, can simultaneously grant it to multiple parties for usage in different platforms and ways.
a. Theatrical Exploitation/ Theatrical Rights:
Theatrical rights refer to the rights that are received to exhibit films in theatres. The distributors buy theatrical rights form the film producers and make arrangements with the theatre owners to exhibit the films to the public. The theatrical rights are limited by predefined territories and for a period of time.
b. Non-Theatrical Exploitation/Non-theatrical Rights:
Non –theatrical distribution of the film is basically through a medium other than theatres. For example: Televisions, OTT Platforms, Satellite distribution etc.
c. Exploitation of Music
Music related rights can be exploited through agreements with Music labels or any Digital Music platforms for distributing the music of the Film.
This is the linear delivery of services consisting of audio-visual content which is broadcasted through satellite in extra-terrestrial orbit and beamed down to the earth where such signals of the services are received by way of a satellite antenna and re-broadcast of such signals by means of wireless diffusion or through cable through different platforms.
“Placement” shall consist of any recognizable visual exposure of the product(s) in the final edited version of the picture released for exhibition worldwide. Production Company agrees to place the product(s) in the film in accordance with the terms and conditions of this agreement. Supplier agrees Production Company shall make a good faith effort, but is under no obligation to include the product in the final version of the project.
It is a contract between a brand and a celebrity or influencer, wherein he agrees to promote the brand's products or services. It outlines terms like compensation, duration, and the scope of the endorsement, covering aspects like social media posts, advertising appearances, and use of the individual's likeness. Clarity on obligations for both parties is crucial for a successful, mutually beneficial partnership.
This involves a process where a publisher or entity secures the legal permission to publish, distribute, or adapt a book. This can include obtaining rights from the author or their representatives for specific uses, such as publishing in different formats (e.g., print, ebook, audiobook), translating the book into other languages, creating derivative works like movies or TV shows, or licensing specific rights for certain markets or time periods. The acquisition typically involves negotiation and agreement on terms, royalties, and the extent of rights being transferred.
Celebrity services for standalone events involve Celebrity services for standalone events involve contracting a celebrity —such as an actor, performer, speaker, or influencer—to participate in a specific, one-time event. These services can encompass a range of activities, including hosting, speaking engagements, performances, meet-and-greets, endorsements, or appearances. The agreement outlines the details of the celebrity's involvement, including the duration, nature of participation, compensation, any specific requirements, and logistical arrangements for the event.
A music label agreement is a contractual arrangement between producer of a film or a musician or band and a record label. This agreement outlines the terms and conditions of the relationship, typically covering aspects such as the rights and obligations of both parties, the scope of the label's services (e.g., recording, distribution, promotion), ownership of music recordings, royalties, advances, marketing strategies, album releases, and the duration of the contract. These agreements vary widely based on the artist's bargaining power, the label's resources, and the specific goals of the partnership.