This story came across my inbox today -- it is a must read for lessons in getting your rights back. It originally piqued my interest because I am in early discussions on a project of mine that got picked up out of turnaround (after being bought outright 6 years ago). Rebecca from "Dear Producer" intros the story with her own anecdotes about trying to get a bankruptcy clause put in her distro deal. But the big story that follows is a fairly accurate take on getting a true indie distributed. It reads like a nightmare, but it's also more like the reality.
I'm curious if anyone has had luck with getting rights back after things like bankruptcy from a distributor of sale of assets from a dissolved company, and as in the case of Adam in the story, success with Film Hub. https://open.substack.com/pub/dearproducer/p/how-not-to-monetize-a-movie...
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An interesting article. Two comments: 1. A bankruptcy clause in your distro agreement is unlikely if for no other reason than the distributor themselves will likely have no leverage to put it into their own agreements down the line. 2. FilmHub, while seeming a good way to go, not only DOESN'T market your project, it actively prevents it from being seen by any platform who won't pay them between $6k and $10k to see their catalog (which revenues they don't share with you). Nor do they challenge the numbers a streamer might give them. As FilmHub is an intermediary, you have no way of challenging numbers given to FilmHub which they themselves don't challenge - because your agreement is not with the streamer... Finally, revenue experience with FilmHub reported to the IPG over the last year is less than satisfactory.