Products tagged with 'film production financing'

Hire a production services company to supervise production of a motion picture project with this Production Services Agreement.

• The producer (financier) will provide the financing for the picture, and the production service provider will oversee the operations of the film production, in line with the approved budget and production schedule.
• The service provider will be paid an amount equal to the financing required to produce and deliver the film.
• The financier will have right of approval over all expenditures and all business and creative decisions relating to the picture.
• The service provider will contract with all personnel, suppliers, film labs, licensors, etc. in its own name and not as the agent for the financier.
• As security for delivery of the picture, the production service company pledges all of its right, title and interest in the picture to the financier. The financier will be the sole owner of the copyright for the picture.
• If the film goes significantly over budget, or if an event occurs which might permit a takeover by the completion bond company, or if the service provider defaults, the financier has the right to take over production of the picture.
• When all elements of the picture have been delivered, or if the financier exercises its takeover rights, the service provider will assign all of its rights in the picture to the financier.
• Available in MS Word format.
• Add the Motion Picture Production Services Agreement template to your production contract forms.