DELONG GRANT LAW PARTNERS Aspects of Entertainment Industry Contracts.

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Presentation transcript:

DELONG GRANT LAW PARTNERS Aspects of Entertainment Industry Contracts

Royalties Paid Out  Artists  Screenwriters  Directors  Producers  Actors

Contracts Involving Minors  Require parental or guardian involvement  Parents held liable for child’s ability or inability to fulfill contract  Usually contain some protection for child’s compensation

Contracts with Intermediaries  Enhance artist’s career  Provide service or protection for artist  Promote artist’s visibility or success  Take percentage of earnings based on service  Have various names and functions

Advances  Payments made to artist before any income received due to artist’s abilities  Normally nonrefundable  Publisher or producer may keep royalties that would have been paid to author  Publisher or producer able to recoup up to the amount of advance to cover costs  Most contracts dealing with writing involve advance clause