HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
its like a down payment to keep the rights from being sold to somebody else
They paid a fee (or a down payment) to make sure that the rights are not sold to somebody else while they decide whether to move forward (or not). If they decide to come aboard they pay the rest of the money to secure the rights... if they drop out of the project they forfeit the money and the project goes looking for a new home.
If you remember... Disney 'option'ed DFINC for 20LUS. They paid him some kind of money to not sign on to any other projects (for a three month period) while they decided whether they wanted to move forward with 20LUS (or whether they wanted to move forward with 20LUS *WITH* DFINC).
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DL: Cannes: Worldview Options Andrew Dominik’s Marilyn Monroe Biopic 'Blonde' [BONDE] May 18, 04:39
its like a down payment to keep the rights from being sold to somebody else May 18, 06:59
buy the rights {nm} May 18, 06:33
Wild Bunch is selling internationally, CAA and Dominik will handle domestic rights. {nm} May 18, 06:36