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In US law, these rights belong to the holder of the copyright, who may sell (or "option") them to someone in the film industry—usually a producer or director, or sometimes a specialist broker of such properties—who will then try to gather industry professionals and secure the financial backing necessary to convert the property into a film ...
In the film industry, an option agreement is a contract that "rents" the rights to a source material to a potential film producer. [1] It grants the film producer the exclusive option to purchase rights to the source material if they live up to the terms of the contract and make a film (or series) from it. This is known as optioning the source ...
WGA members have criticized how the process handles existing material, such as a book that is adapted to film. New York Times reporter Michele Willens suggests that the first writer to work on such a project will write the most cinematic elements of the story, but other teams that subsequently work on the script may base their work on the ...
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The Duke and Duchess of Sussex are planning to make a Netflix adaptation of the book ‘Meet Me at the Lake’ by Carley Fortune, according to reports Harry and Meghan ‘buy film rights’ to ...
Disney owned the rights to adapt all of Baum's books except The Wizard of Oz, but this did not matter because by 1985 both The Marvelous Land of Oz and Ozma of Oz were in the public domain. The only element that Return to Oz used from the 1939 film was the ruby slippers – in the book, there were silver shoes. The ruby slippers had become so ...
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The film. Following a bidding war, Lionsgate has acquired the motion picture adaptation rights to “Thieves’ Gambit,” the upcoming young adult thriller by Kayvion Lewis. Steven Caple Jr. is ...