Sometimes a financier desires to contract with another company to provide most or all of the production services necessary to produce a motion picture. By contracting with another company, the financier may be seeking to protect itself from any liability arising from the production. Since the production services company is usually a separate legal entity, the financier should not be liable if, for instance, an actor is hurt on the set. After the motion picture has been produced, the agreement often provides that all rights to the motion picture are assigned to the financier.
While the financing company may want to insulate itself from liability, it may well want to maintain tight fiscal and creative control over the production. It is not unusual for the financier to insist that he must approve the budget, cash flow schedule and all major creative decisions. Moreover, the financier may have takeover rights, which permit it to take over production of the motion picture under certain conditions. In this case, the service company is being used to insulate the financing company from liability. The service company is only entitled to be reimbursed the cost of production.
Here is an agreement between two companies, one that provided financing, and the other which supervised the logistics of production. In this case, the service company is being used to insulate the financing company from liability. The service company is only entitled to be reimbursed the cost of production.
This Motion Picture Production Services Agreement form is professionally formatted, prepared by a top attorney, can be easily modified, downloaded instantly, includes free customer support, and is backed by our 100% money-back satisfaction guarantee.
This Motion Picture Production Services Agreement also includes:
1. Instructions & Checklist;
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3. Motion Picture Production Services Agreement fill-in-the-blank form.
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