Entertainment Law Resources

Home

Books and Software

Articles

The LITWAK Blog

FAQ

Film Festivals

Resources

Contact Information

Risky Business



A companion to Mark Litwak’s popular books on entertainment industry dealmaking and contracts, Risky Business is an authoritative blueprint for successfully producing any independent film or video.

Included among the many topics that the author discusses: partnerships; corporations; limited liability companies; equity investments; attracting investors; evaluating a film’s economic value; co-production; working the film festivals; distribution territories; distribution agreements; distributors’ accounting practices; and much more. In addition to its primary text, it includes a number of essential contracts, sample statements and certificates, checklists, and lists of useful resources.

 

TABLE OF CONTENTS

 

PREFACE

 

FILMMAKER SELF DEFENSE CHECKLIST

 

1. ORGANIZING YOUR COMPANY

Choice of Business Entity
Sole Proprietorship
General Partnership
Limited Partnership
Corporation
Limited Liability Company (LLC)

 

2. COLLABORATIONS AND CO-PRODUCTIONS

International Co-Productions
Production Incentives

Contract: Co-Productions Agreement

Contract: Distributor Sales Agency Agreement

 

3. FINANCING INDEPENDENT FILMS

Loans
Contract: Promissory Note
Contract: Promissory Note with Guarantee
Borrowing Against Pre-sale Agreements
Investor Financing
Registration and Exemptions
504 Offering
505 Offering
506 Offering
Intrastate Offering Exemption
Accredited Investor Exemption
California Limited Offering Exemption
Anti-Fraud Provisions
Distributor Supplied Financing
Finders

Contract: Finder Agreement

Contract: International Distribution License

 

4. ATTRACTING INVESTORS

Checklist for Film Investors

 

5. TACTICS AND STRATEGY IN ARRANGING DISTRIBUTION

How Much is My Film Worth?
How Distributors Evaluate a Film
Sources of Revenue
Increasing Your Leverage
Film Festivals
Working the Festival Circuit
Balancing Risks and Rewards
he Acquisition/Distribution Agreement
Investigate the Distributor

 

6. THE DISTRIBUTION AGREEMENT

Principle Terms of a Distribution Agreement
Territory
Media
Term
Distribution Fee
Distribution and Marketing Expenses
Advances and Guarantees
Consultation Rights
Warranties and Representations
 Accounting
Arbitration
Insurance
Termination

Allocation of Package Revenue
Governing Law
Territorial Minimums
Access to Master Materials
Return of Materials
Delivery

Contract: Lab Access Letter

Contract: International Distribution Agreement (Filmmaker-friendly version)

 

7. WHEN A DISTRIBUTOR DEFAULTS

Selecting a Distributor
Creative Accounting
Conducting an Audit
How Revenue is Divided
Creative Accounting Pitfalls
Accounting Terms
Defensive Tactics
A Filmmaker’s Bill of Rights

 

8. LOOKING FORWARD

 

APPENDIX - DISTRIBUTION

Delivery Checklist
Certificate of Origin
Statement of Prior Distribution
Statement of Distribution Restrictions and Obligations
Major Deal Points: Acquisition/Distribution Agreement
Copyright Security Agreement

 

GLOSSARY OF TERMS

 

 

CONTRACTS AND FORMS

 

Co-Production Agreement                                

Promissory Note                                             

Promissory Note with Guarantee                        

IFTA International Schedule of Definitions 

Finder Agreement                                           

International Distribution License Agreement        

Lab Access Letter                                          

IFTA Rider to International Distribution Agreement

International Distribution Agreement

(Filmmaker-friendly version)                              

< Ordering Information

Return to Top ^

Books & Software | Articles | The Litwak Blog | FAQ | Film Festivals | Resources | Contact Us

© 2003 Mark Litwak, Esq.  All Rights Reserved  Legal Disclaimer
433 N. Camden Drive, Suite 1010  Beverly Hills, CA 90210  310-859-9595