You may have a good idea. You may even know how to make your voice
heard in this crowded digital marketplace. But do you know how to protect yourself along the way, from scratch to screen and beyond?
20. IS IT REALLY YOURS ?
CREATING IT
Creating it alone
Creating it with someone else
Hiring someone else to create it
BUYING IT
Buying the idea
Buying the concept
Buying the pilot
Buying the format
STEALING IT
Copying it and calling it your own
23. SORRY, IT IS SO EASY TO STEAL
WHY BUY IT WHEN ONE CAN JUST STEAL IT ?
WHEN YOU PITCH IT
When you pitch it, you must disclose it. No pitch,
no deal.
WHEN YOU RELEASE IT
Confidentiality ends as soon as it is released into
the public.
26. THE LAW OF CONTRACTS
TRADE SECRET
SUBMISSION RELEASE
27. PITCH DISPUTES
Questions you need to ask:
1. Is it really your idea ?
2. Is your idea the kind of original idea with a
commercial value that has to be paid for ?
3. Is there some action – more than just the submission
of that idea – that has created a business
relationship with the recipient ?
4. Have you conditioned the disclosure upon the
recipients’ agreement to pay for the use of your idea
– before you submitted your idea to the recipient ?
28. PITCH DISPUTES
Questions you need to ask:
5. Has the recipient voluntarily accepted the submission
on those terms and thereby implicitly agreed to pay
for the use of your idea ?
6. Has your idea been used by the recipient in such a
way that it would deny you the ability to make money
from your own use of that idea ?
7. Is the ultimate use by the recipient substantially
similar to your submitted idea ?
36. PUBLIC DOMAIN
What cannot be monopolised by copyright ?
One is free to use:
Facts
Ideas
Themes
Creation methods – such as style and technique
Old works for which copyright has expired
(70 years p.m.a.)
37. IS YOUR COPYRIGHT INFRINGED ?
Not all copying is copyright infringement as copyright extends
only to those components of a work that are original.
1. What is copied ?
2. Are the copied items protected by copyright ?
3. Is the copyright protected expression of originality copied
to such an extent that there is substantial similarity ?
4. Is there a defence of fair use ?
39. WE‘VE BEEN HERE BEFORE
Increasing demand
leads to copycats
Market
is saturated
Format disappears
for a while …
… But absence
creates need
New hit show
is launched
40. Do you want to LEAD
… or do you want to FOLLOW ?
41. KNOW YOUR FORMAT
Is it PROTECTable ?
Is it REMAKEable ?
Is it SCALEable ?
Is it TRANSFERable ?
42. HOW TO SELL IT
Why and for what is the buyer paying you money ?
INTELLECTUAL PROPERTY ?
BUSINESS RELATIONSHIP ?
TRACK RECORD ?
KNOW-HOW ?
FIRST-MOVER-ADVANTAGE ?
The best protection is to be the first to market
45. HOW TO NEGOTIATE THE DEAL
KNOW YOURSELF
Think about what you need.
Consider what will happen to you if no deal is struck.
Think about your alternatives to a negotiated agreement.
Assess your reservation price for each round of negotiations.
Do you want to do a long-term, or just a one-off deal ?
Who should be negotiating the deal on your side ? Do you want to do this
yourself, or do you want to have an agent ?
Be prepared to walk away.
46. HOW TO NEGOTIATE THE DEAL
KNOW YOUR BUYER
Understand what they want, and why they want it.
Consider what will happen to them if no deal is struck.
Think about their alternatives.
Investigate how they’ve negotiated in the past.
Know how they earn their money, and what drives their cash.
Do they have the ability to scale-up a hit ?
There is always some one above: Who’s the one who’ll finally make the
decision on their side ?
47. HOW TO NEGOTIATE THE DEAL
KNOW YOUR MARKET
Follow the money.
Know the size of the market.
Investigate what budgets are paid in this market.
Consider what rival formats are on the market.
Can you segment markets and hence slice-up the deal ?
If so, set different prices for different markets – sub-divided in terms of
territory, language, time, medium and use – to be able to capture the highest
return from each market.
What parameters of the deal are fairly set, and where’s room for negotiation ?
48. HOW TO NEGOTIATE THE DEAL
KNOW YOUR RIGHTS
Know precisely which rights you want to give, and which rights you want to
keep.
Rights in WHAT ?
- The FORMAT
- The FILMED SHOW
- The DERIVATIVE PRODUCTS
- The BRAND NAME
In a format licence deal, you license the rights to:
1. PRODUCE – but only within certain LIMITS; and
2. EXPLOIT – but only within certain LIMITS.
49.
50. HOW TO NEGOTIATE THE DEAL
KNOW YOUR CONTRACT
If you receive an offer, you may accept or reject that offer.
When you make a counter-offer, then you have rejected the offer and have
yourself made a new offer.
Keep in mind that the deal is not closed until all of the deal terms have
been agreed.
When you reach an agreement, be sure to write it down.
By writing the first draft, you can choose language which reflects your
interpretation.
51.
52.
53. REMEMBER 7 RULES
Rule #1: One product doesn’t fit all
Rule #2: One price doesn’t fit all
Rule #3: Budgets are negotiated numbers
Rule #4: Rights are negotiated in the shadow of the law
Rule #5: Distribution is the power behind the throne
Rule #6: Big groups need to feed the beast
Rule #7: Eat the whole cow