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Document Id : 7369
File Type : Microsoft Word
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Definition of Net Profits (Film Distribution)
Define the terms used in a film distribution agreement with respect to receipts, expenses and profits with this 5-page Definition of Net Profits attachment.
This exhibit can be appended to any film industry contract in which fees, royalties or other payments are calculated based on income derived from:- license fees,
- residuals,
- distribution fees,
- theatrical and/or non-theatrical receipts,
- television and video receipts,
- other income from the film (except for excluded income), net of any distribution expenses, taxes, and other costs.
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