Agreement Tv Series For Life
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DEFINITION OF LIFE STORY: For purposes of this Agreement, "Life Story" shall mean the irrevocable, exclusive, perpetual, and universal rights to use Owner's name, likeness, sobriquet, voice, and biography; depict, portray, impersonate, or simulate Owner in any way whatsoever; and make use of all the incidents of ...
An agreement granting a producer or production company an option to acquire certain rights in an individual's life story for use as the basis of a theatrical motion picture, television (TV), or streaming production.
When you buy the rights to portray someone in film or television, you are buying a bundle of rights. These rights include protection from suits based on defamation, invasion of privacy and the right to publicity. You may also be buying the cooperation of the subject and his family or heirs.
Think of life rights as a bundle of benefits and protections. Purchasing a subject's life rights provides you the following: Protection from lawsuits by the subject ? The life rights agreement will include language that prevents the subject from suing you for alleged damages to their character.
A lot of folks think they will sell the rights to their story for a half a million dollars to a million dollars or more. Most life rights deals for those with some notoriety are in the $35,000 ? to $75,000 range.