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Replace Currency from the Screenplay Collaboration Agreement

Replace Currency from the Screenplay Collaboration Agreement and eSign it in minutes

Aug 6th, 2022

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

Can WGA signatories hire non WGA writers?

Non-Members of the WGA You are not bound by the rules of the WGA when you engage the services of a non-member, as long as you are not a signatory of the WGA. You can pay a non-member as little as she will accept because she is not bound by the rules and regulations of the WGA.

What are the WGA rules on story by credit?

It is appropriate to award a Story by credit when: 1) the story was written under employment under Guild jurisdiction; 2) the story was purchased by a signatory company from a professional writer, as defined in the MBA; or 3) when the screenplay is based upon a sequel story written under the Guilds jurisdiction.

How do you write a collaboration agreement?

What Should Be Included in a Collaboration Agreement? A name and description of the project. A collaboration schedule. How will both parties work to achieve the end goal. Individual responsibilities and obligations of each party. Intellectual property rights. A nondisclosure agreement and confidentiality clause.

Is Netflix a WGA signatory?

While Netflix, like Amazon, is not a signatory to the current three-year film and TV contract, the streamer adheres to the deals rates and requirements.

How much does a script option pay?

The option price is the initial sum of money offered to acquire the rights and keep the screenplay off the market. This is traditionally 10% of the purchase price. You keep the option fee regardless of whether the interested party ultimately acquires the screenplay.

What is an option agreement for rights to original screenplay?

A traditional option agreement gives a production company an exclusive right to develop an underlying copyright work (including an already written screenplay). It is acquired from the owner of the underlying work (or via their agent) for a fee.

Is a screenwriters currency a finished script?

A screenwriters currency is a finished script. Not an outline, a take, a beat sheet, a rough draft. A finished script. Start writing, no matter what.

What is a WGA signatory?

A signatory company is an employer that has signed a collective bargaining agreement with WGA. Any company intending to employ a Guild member, or option or purchase literary material from a Guild member, must become signatory to the Guilds Minimum Basic Agreement.

How do you find out if a company is a WGA signatory?

The WGAW Signatory Company Confirmation Lookup is maintained as a resource for members of the Guild and Agencies. You can search it to verify which companies or individuals are signatories to the WGA Theatrical and Television Basic Agreement (MBA) or Public Television Freelance Agreement.

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