PDF Ebook The Feature Film Distribution Deal: A Critical Analysis of the Single Most Important Film Industry Agreement, by John W. Cones
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The Feature Film Distribution Deal: A Critical Analysis of the Single Most Important Film Industry Agreement, by John W. Cones
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John W. Cones, whose real goal is to stimulate a long-term film industry reform movement, shows how the financial control of the film industry in the hands of the major studios and distributors actually translates into creative control of the industry.
Cones discusses the pros and cons of the debate relating to the industry’s so-called net profit problem and the way in which the distribution deal plays an integral part in that problem. He then breaks down five major film finance/distribution scenarios, explaining various distribution deals and suggesting ways of negotiating distribution.
Critically examining the specific terms of the distribution deal itself, Cones covers gross receipts exclusions, distributor fees, and distribution expenses. He also investigates the various forms of interest, issues of production costs, matters of creative control, and general contractual provisions.
For handy reference, Cones includes an extensive checklist for negotiating any feature film distribution deal. The list deals with distribution fees, distribution expenses, interest, production costs, creative control issues, general contractual provisions, distributor commitments, and the limits of negotiating. His nine appendixes present a "Motion Picture Industry Overview," "Profit Participation Audit Firms," "ADI (Top 50) Market Rankings," an "AFMA Member List, 1992–1993," a "Production-Financing/Distribution Agreement," a "Negative Pickup Distribution Agreement," a "Distribution Rights Acquisition Agreement," a "Distribution Agreement (Rent-a-Distributor Deal)," and a "Foreign Distribution Agreement."
Cones wrote this book for independent producers, executive and associate producers and their representatives, directors, actors, screenwriters, members of talent guilds, distributors, and entertainment, antitrust, and securities attorneys. Securities issuers and dealers, investment bankers, and money finders, investors, and financiers of every sort also will be interested. In addition, Cones suggests and hopes that the book will interest "Congress, their research staff, government regulators at the Internal Revenue Service, the Securities and Exchange Commission, the Federal Trade Commission, and law enforcement officials such as the Los Angeles District Attorney and the U.S. Justice Department."
- Sales Rank: #991942 in Books
- Brand: Brand: Southern Illinois University Press
- Published on: 1996-12-30
- Original language: English
- Number of items: 1
- Dimensions: 9.00" h x .60" w x 6.00" l, 1.04 pounds
- Binding: Paperback
- 320 pages
Features
- Used Book in Good Condition
Review
"It is the primary contention of this book... that the pervasive market power of the major studio distributors in the United States (the MPAA companies, generally) has been gained and is maintained by engaging in numerous questionable, unethical, unfair, unconscionable, anticompetitive, predatory and/or illegal business practices.... Such practices are often referred to as ‘creative accounting’ or ‘creative contract interpretation.’"—John W. Cones, from the Introduction
From the Back Cover
John W. Cones, whose real goal is to stimulate a long-term film industry reform movement, shows how the financial control of the film industry in the hands of the major studios and distributors actually translates into creative control of the industry.
About the Author
John W. Cones was a practicing securities/entertainment attorney based in Los Angeles during the time he researched and wrote this book. He is a prolific writer and lecturer on film finance. His books include Film Finance and Distribution—A Dictionary of Terms, Film Industry Contracts, and 43 Ways to Finance Your Feature Film, also available from Southern Illinois University Press. Currently seeking to encourage interest in the reform of the U.S. film industry, he is working as a staff attorney in the U.S. Congress.
Most helpful customer reviews
10 of 12 people found the following review helpful.
Encyclopedia of Bad Film Studio Business Practices
By A Customer
If you are mystified by "Hollywood accounting," this legal expose outlines over 80 clauses commonly found in feature film distribution contracts that might be considered unconscionable or immoral, revealing the formidible odds facing the "talent" side of the industry. A thorough explanation of why there's no "net" profit, and a sobering dose of reality for any creative person who believes they should be paid for making a good product. The introduction lists the LA DA's Office among those who should read it.
7 of 7 people found the following review helpful.
A must-read
By William Haiber
Though a little dated (not much has changed in the film industry), The Feature Film Distribution Deal is a must-read for every producer and every newly minted entertainment lawyer.
The author, a practising entertainment lawyer) covers typical/standard/boilerplate film industry deal contracts as issued by the big studios/distributors, and explains practically every line/item in them, and the definitions of the many contract terms.
BTW, ALL the terms of these contracts are rigged to screw independent producers out of net profit participaiton profits.
Then the author offers 'counter' negotiating points and the reasoning/arguments behind them.
He does state that success in using these counterproposals/arguments is limited due to the 'balance of power' between big studios and independent producers is tilted heavily in favour of the big studios.
The appendices are four distribution deal contracts. They're well worth the read, too, if only to familiarise oneself with them.
It is NOT a book to read quickly, but one to be read thoughtfully, to absorb and to learn the legal and business concepts in the contracts. The structure of each chapter makes this easy to do.
0 of 0 people found the following review helpful.
Technical, professional, essential, understandable info.
By M. Jordan
If you are serious about making films and other creative content, this is one aythor you should get to know--well.
See all 3 customer reviews...
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