Hello everyone, I'm new to this site.
I've been writing screenplays since I was 18, and I am finally selling my first script (I'm now 22). A contract is being sent to my house today. (The buyers are stationed in Hollywood, I live in New York).
I'm happy that there is an offer on the table. I just want to know if I am getting a good deal.
The deal is that I'll be receiving 100,000. 50,000 now, and another 50,000 if/when the film is green lighted. I'm also getting 10% of merchandising sales. (It's an animated film). I also have a lawyer so don't worry I have someone to read this over hahaha.
So I need to know, is this a good deal I'm getting? Thank You.
I've been writing screenplays since I was 18, and I am finally selling my first script (I'm now 22). A contract is being sent to my house today. (The buyers are stationed in Hollywood, I live in New York).
I'm happy that there is an offer on the table. I just want to know if I am getting a good deal.
The deal is that I'll be receiving 100,000. 50,000 now, and another 50,000 if/when the film is green lighted. I'm also getting 10% of merchandising sales. (It's an animated film). I also have a lawyer so don't worry I have someone to read this over hahaha.
So I need to know, is this a good deal I'm getting? Thank You.