Don’t Sign What You Don’t Understand
If you’re working with a good Executive Producer, they’ll some- times be willing to cover your legal costs while investor negotiations are underway, especially if they’re well-established. Most people just download film funding agreements from the internet and tweak them, but when you’re dealing with professional movie studios, investors, or people who’ve done this before – they’ll usually send you their own funding contract. At this point, it is crucial that you take that agreement to a lawyer for review before agreeing to the terms. If the contract is easy and simple enough to understand, that's fine, but if you’re looking at text and have no idea what it means, don’t sign it! It’s better to spend the money and get a lawyer to flesh it out for you than to sign something that you don’t understand.
Get Out was directed by Jason Blum and is a perfect example of how
you really shouldn't trust most people.
“Success stems from the producer creating the optimal conditions for the filmmaker’s own creative process. Not from steering the filmmaker througha one-size-fits-all approach.” ~ Jason Blum