Deal Point Checklists:

Life Story Rights Option

Video Tips

• Life Story Options

Option Price
• amount
• extension amount
• length of time
• credited against purchase price?

Purchase Price Upon Exercise of Option

• amount
• initial television
• initial fee
• increases in purchase price based on higher t.v. licensing fees
• amount if initial theatrical U.S. release (as opposed to t.v.)

Purchase Price if T.V. and then Theatrical

• U.S. Theatrical prior to t.v.=100% of purchase price
• U.S. Theatrical after initial t.v. = 50% of purchase price
• Foreign either prior or subsequent to U.S. t.v. = 50% of purchase price

Subsequent Production

• remake at 50% of purchase price
• sequel at 33.33% of purchase price
• TV series
  • price at 30 minutes
  • price at 60 minutes
  • price at 60+ minutes

Consulting Services

• duty to provide materials
  • who pays copying, transfer, storage and return
  • who keeps when production is complete
• duty to meet with writers
• travel expense issues
• costs such as telephone and per diem issues
• fees in addition to purchase price

Personal Appearances

• talk shows, etc.
• amount of appearances required
• travel expenses
• fee (if not part of consulting fee)

Prior Grants and Due Diligence

Rights Granted

• territory
• media
• allied and ancillary
• likeness/image
  • approvals
  • consultation rights
• fictitious portrayal
• print rights

Reserved Rights

• book
• stage
• radio
• first refusals for purchaser

Credit

• creative consultant
• associate producer

Reversions

• term of years (5 to 7)
• turnaround payment required
  • interest
  • back end participation