349 Chapter 348 Chapter 352 (2/2)
After all, although the first part of the trilogy is successful, the latter two parts are the ones with the most profit.
Barry Meyer is not an honest person, right now he can still verbally agree, but he won't admit it if he is not sure.
In this way, he must have a little counter-attack in the project contract, except for director Nolan.
In case, Warner felt that he could do it again, not only withdrawing Firefly’s funds, but also changing the director or something.This is not impossible.
”What do you mean?” Lucas asked.
”The first question is, if the co-production team does not have the copyright, how can the offline income be protected? If Warner refuses to pay, can the lawsuit be won?”
”Of course.” Lucas took out a document from his briefcase and handed it to Lehman. ”This is a very standard letter of intent for commissioned shooting. If the producer is involved, it is negotiated in accordance with the production agreement, as long as there is capital investment, or other The relevant regulations of the form are signed, and the issuer must also guarantee the profit of the producer. If it is in arrears, it needs the help of a lawyer. We are very familiar with this.”
Every year, Hollywood goes to court due to the problem of profit division, but it feeds many lawyers and accountants.
”The second question is, can I be repented by setting clear conditions for participation in the production of the sequel?”
”It's hard to say, it depends on how detailed the conditions of the signing are, otherwise it is easy to be exploited.”
”Trouble?”
Lucas shook his head, ”It is mainly meticulous and cumbersome. For us professionals, it is not troublesome, but all regulations must be clear, legally effective, and not vague.”
What does that mean.
For example, the lawsuit of The Lord of the Rings has been arguing with Miramax since the movie became popular until now. Among them, the company established by Tolkien's family also claimed that their rights were eroded.
Tolkien Heritage Trust Company believes that they only give the filming copyright of the film, and Xinxian has no right to use the characters in it for secondary profit.
Well, the new line advertises with characters and plans to develop games.
In this regard, Xinxian also said that when it got the authorization, it paid an additional millions of dollars in authorization fees.
However, the trust company retorted that the original agreement signed only allowed Xinxian to create tangible products under the authorization, not digital products. Xinxian argued that the signed agreement did not contain detailed provisions on this aspect and did not have legal power.
Such an event dragged on and delayed New Line Pictures' adaptation project on The Hobbit.
Actually, I didn't make it clear, the new line took advantage of it.
According to Lucas, if you really want to guarantee your own rights and interests, in the contract, you must specify all the terms of cooperation, including the development of the sequel, how much, in what form, what is the number of years, and how is the profit divided?Is it in installments or a one-off? Warner entrusts Firefly shooting with copyright. What are the regulations? If the project is terminated, who will be responsible?It even needs to be subdivided into the TV window. If the film is drawn and enters the home entertainment market, the TV station chooses Warner’s DW TV station. How to ensure that it is the result of market choice instead of black-box operation, giving the benefit to oneself and losing the rights of the producer .
One by one, all must be clearly discussed in white and black. This is the only way for Warner to bear legal risks for any future actions that are not conducive to the production party, and to ensure that even if it is a drag formula, it can win the lawsuit.
He even reminded Lehman that if there is a real fund exchange, it is best to calculate separately, otherwise, if Warner does the tricks, the contract will be exposed at that time, it is likely to cause trouble for the IRS.This trick is also a point for some big companies to dig holes.
If you really accidentally fall into it, everything will be a big mess in tax evasion.
After the consultation, Lehman probably knew how to play.
In the past, he had the copyright, either he was a one-time collaboration, and he didn’t care about the sequel. Now, for the first time working on a first-line production sequel plan, he did not expect that there are so many twists and turns inside. In this regard, don't suffer a dark loss.
Originally, I was going to work, and I couldn't work for a long time. When my boss came to pay the wages, I would find a way to get fired, or somehow deduct the salary that I deserved. That would be a big loss.