Fundamentals of Negative Pickup Financing Contracts


Negative Pickup Financing accords film producers a medium to procure financing for their motion picture. Unsurprisingly, such method of financing is replete with perils for the unwary and in the process the producer might lose most, not all, of "creative control" and even financial latitude and profitability, if any. Production Companies and Distributors i.e. often, Major Studios enter into a contract to enunciate to the extent possible their respective rights ad obligations. This article, to some extent, explores SOME of of the provisions in such contracts.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Doron Eghbali, Law Advocate Group, LLP | Attorney Advertising

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