Filmmaker

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Mark Litwak

WHAT IF YOUR DISTRIBUTOR DEFAULTS…

Mark Litwak has great excerpt from his book Risky Business on his Entertainment Law Newsletter today dealing with default by distributors. He begins: Many years ago I represented a filmmaker who entered into an agreement with a small home-video distributor. The company had a decent reputation, and since there were no other offers for this $80,000 movie, a deal was struck. The filmmaker was promised a $40,000 advance for U.S. home video rights. The advance was payable in four installments over the course of a year. After the second installment was received, the distributor was acquired. The new owners stopped […]
by Scott Macaulay on Jul 7, 2010

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