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| SFReader Forums > Writing > Brag! > My novel to become a movie??? | Forum Quick Jump
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 |  Melkor Acolyte

       Date Joined Jan 2006 Total Posts : 324 | Posted 3/19/2006 7:06 PM (GMT -5) |   | | Aurelio, I dont know you, havent read the novel, but I surely will. Congratulations! I cant wait to say, "you know...I sorta know the guy who wrote that" | | Back to Top | | |
 |  Edward Knight Jack of all Trades and Master of None

       Date Joined Jan 2004 Total Posts : 1039 | Posted 3/19/2006 8:33 PM (GMT -5) |   | | | |
  |  Aurelio Stablehand
        Date Joined Apr 2005 Total Posts : 18 | Posted 3/20/2006 7:13 PM (GMT -5) |   | Thanks! It still doesn't quite seem real.
I know this is many/most/okay, all writers' dream to have something like this happen, so I feel super-lucky, but as a reality check I thought I'd mention how these deals work, so everyone will know what it means:
Sometimes the first part of a book option deal means no money or a very small stipend (this shocked me, but my attorney, who is a very highly respected entertainment lawyer confirmed this - and yes, I'll get some money initially thanks to her.) This is so whoever is optioning it has little monetary risk while they try to set up the real deal. This phase can last several months to a year, depending on what is negotiated.
The author's participation from this point on is most likely none. Once you sign over the rights, they control your property. They can really do just about anything they want without your permission, unless you specifically demand approvals in your contract, and almost no author gets that kind of clout. Your story will most likely be handed to a Hollywood screenwriter who will then try to make it their own. They can cast, alter, or redesign your property however they see fit. Sometimes nothing is left of your work but the title - and even that can change.
There are further time periods that give more small fees to extend the option period. The option can also be dropped at any of these points, for any reason, at the person who bought it's discretion.
If the project goes into "development" or gets picked up by a studio, then the writer gets a fairly significant payment.
If the film actually goes into production, the author finally gets a sizeable, major payment, sometimes split into parts: one for green light, then one for the start of actual filming.
Actual profit participation in the film is negotiated and variable. Usually unless you're J.K. Rowling or Stephen King, this is an insignificant percent of an insignificant percent. Most people never see a penny.
With projects like mine, I am asking for a percentage of merchandising, because of the creatures and world I've created in the book, and that is a fairly standard request, but the same principle as the last paragraph applies.
So, it's not a fairy tale scenario by any means, but STILL... it's pretty trippy. Aurelio O'Brien www.evethenovel.com | | Back to Top | | |
  |  STForstner Acolyte

       Date Joined Nov 2005 Total Posts : 384 | Posted 3/21/2006 12:20 PM (GMT -5) |   | | Thanks for the glimpse into the financial end of it all. I've always wondered how that works. | | Back to Top | | |
   |  Christopher_Heath Eternal Champion

       Date Joined Oct 2005 Total Posts : 1156 | Posted 3/22/2006 10:26 AM (GMT -5) |   | Auerlio,
Great news! Looks like you're headed on the way up. Hope it all works out for you as envisioned. Thanks for the insights on the business end.
Christopher M. Heath
"Azieran: She of the White Lotus" in Sages and Swords by Pitch-Black Books
"Azieran: Bound by Virtue" in Clash of Steel book III by Carnifex Press
"Azieran: Blood and Kings" novella by Carnifex Press
"Azieran: Frost Scarab of Luunhaat" in Lycanthropes by ComStar Media, LLC
"Azieran: The Young Roué" in Tavern Tales by ComStar Media, LLC
"Azieran: Against the Drimlith" novel by R&R Endeavors, Inc.
"Azieran: The Templar's Chalice" in Prism Quarterly 7.4 by Daybreak Press
+ others
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