Independent Film Series - Entry #1
As an entertainment attorney, I am frequently approached by first-time independent filmmakers who are surprised when potential financiers or distributors inquire into their film’s “chain of title.” Many, in fact, are not sure what the term means. “Chain of title,” as the term suggests, refers to the series of legal documentation that establishes proprietary rights to a film, including, but not limited to, the original copyright filing, option and purchase agreements for the underlying screenplay, work-for-hire agreements and releases from key contributors to the screenplay and the production. Investors, guilds, insurance companies, bond companies, sales agents, and distributors will all want to see the “chain of title” to your film. They simply want to make sure that you own all of the rights to the film.
Click to read more ...