Film Production Contract / Photo Credit: Template Hunter
WHAT IS A RENT-A-SYSTEM DEAL? (In the Entertainment industry.)
Bruce Bisbey…please follow me at: https://dumbdogproductions.com/
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In a rent-a-system deal, a producer licenses certain film rights to a distribution company, typically a studio, for a limited term, but the distribution company is not required to pay an advance to the producer to either finance production or take delivery of the film. In fact, in some cases the producer pays all distribution expenses relating to the film.
In exchange for the absence of fixed payments by the distribution company, the distribution company agrees to a very low distribution fee, and the remaining revenues are remitted to the producer. In essence, the distribution company avoids any risk of loss relating to the film, particularly if the distribution company does not pay distribution expenses, and the producer bears the full risk and reward of the success or failure of the film. Because of the absence of financial commitment by the distribution company, and the limited upside from the low fee, distribution companies have little incentive to adequately market and push a rent-a-system film, so such films often flop.
References & Credits: Google, Wikipedia, Wikihow, WikiBooks, Pinterest, IMDB, Linked In, Indie Wire, Film Making Stuff, Hiive, History Channel, Film Daily, New York Film Academy, The Balance, Careers Hub, The Numbers, Film Maker, Film Site, TV Guide Magazine, Blurb, Media Match, Quora, Creative Skill Set, Chron, Investopedia, Variety, No Film School, WGA, BBC, Daily Variety, The Film Agency, Best Sample Resume, How Stuff Works, Studio Binder, Career Trend, Producer's Code of Credits, Truity, Production Hub, Producers Guild of America, Film Connection, Variety, Wolf Crow, Get In Media, Production Beast, Sony Pictures, Warner Bros, UCAS, Frankenbite, Realty 101, Careers Hub, Screen Play Scripts, Elements of Cinema, Script Doctor, ASCAP, Film Independent, Any Possibility, CTLsites, NYFA, Future Learn, VOM Productions, Mad Studios, Rewire, DP School, Film Reference, DGA, IATSE, ASC, MPAA, HFPA, MPSE, CDG, AFI, Box Office Mojo, Rotten Tomatoes, Indie Film Hustle, The Numbers, Netflix, Vimeo, Instagram, Pinterest, Metacritic, Hulu, Reddit, NATO, Mental Floss, Slate, Locations Hub, Film Industry Statistics, Guinness World Records, The Audiopedia, Imagination for People, Literary Devices, On Post Modernism, Forbes, Schuyler Moore, Film Escape, Jon Garon
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Film Production Contract / Photo Credit: Template Hunter
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