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.

Script Sale Breakdown

In my last blog post about quotes, I talked about how a writer’s compensation typically increases over time, in the same way most other professionals slowly build a salary history  over the length of their careers through increasing levels of expertise and proven results.

Today, let’s break down how a writer actually gets paid out when they sell a script.