The motion picture and television industries have become increasingly informal in recent years. In the past, agents would sign actors and writers before trying to sell their services or material, members of producing teams would sign collaboration agreements with their partners before taking a project to a studio, and producers would enter into written option agreements with writers under which they would pay money to exclusively option the motion picture and television rights to a property. These days, however, many agents will “hip-pocket” new artists and promote them without a contract to avoid commitment; a collaborator will walk a project … Continue reading Not an Option: The Ins and Outs of Shopping Agreements