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Let me add another example. In the film industry, studios sometimes pay large sums of money to buy the option for an unwritten script based solely on a pitch. G
by smoody 19y ago
Let me add another example. In the film industry, studios sometimes pay large sums of money to buy the option for an unwritten script based solely on a pitch. Granted, the pitch usually has to come from writers that have experience and have written blockbusters, but not always.
The first example I came across during a search: "NEW YORK — Mostow/Lieberman and Village Roadshow have picked up an untitled pitch from tyro scribe and Columbia U. student Simon Kinberg for mid-six figures."
Is mid-six figures substantial for an idea?
- mixmax 19y agoSince there were three agents involved, and Simon Kinberg that sold the script already has done the sequel to XXX, mr. and Mrs. Smith, X-men, won screenwriter of the year etc. I think that the mid-six figures are based on an established track record of being able to produce successful scripts. And note that he didn't sell an idea - he sold a script that he has to write. Which is around a years work.
- ks 19y ago"And note that he didn't sell an idea - he sold a script that he has to write. Which is around a years work." I don't think it's so different. He sold the idea of a movie. The script is just part of the "implementation".
- mixmax 19y agoExactly - he didn't sell the idea, he sold the implementation.