Loanout companies

When writers are first starting out, they’re typically hired to work for a company like an employee might: they agree on what services will be provided for what pay, they’ll fill out a bunch of tax forms to get inputted into the company’s payroll system, and the payroll system will issue a check payable to the individual that deducts taxes and other withholdings.

At some point, though, writers may find it more beneficial to incorporate and loan their services out to the production company through an intermediary. This post will take a look at how that works and in what situations that might be preferable.

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Writing credit

For screenwriters, writing credit is a big deal. It’s a significant milestone that separates you from the majority of other working and aspiring writers out there, and there are often considerable financial benefits tied to receiving writing credit. This post will look at how writing credit is determined and what benefits are typically connected with receiving credit.Read More »

Sterile scripts

I’ve already talked about options and script sales, and those of you who have read those posts might have noticed several mentions of the fact that production companies don’t always end up buying the scripts they option or work on. It’s actually a common occurrence for a company to option a script, pay to have some writing done, and then ultimately decide not to buy it for any of a variety of reasons. That situation naturally raises the following question:

What happens to those drafts written while the work was under option?

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