Chapter

 12

The Sale

 

You finally have: about 110-115 entertaining pages of original characters, plot and dialogue and a solid pitch with supporting “creative” (logline, pitch, beat sheet, outline, etc. – any written work representing your project). Now it’s time to shop – and ideally sell – your script.

 

Targeting Potential Buyers

Before you begin approaching everyone you meet at events, conferences and mid-city cafés to let them know you have a script, take a moment to identify the companies and individuals who are the best fit for your project.

 

Platforms

One of the first things to consider is what is the proper platform for your project? If it is an IMAX-3D blockbuster, that defines and limits potential buyers. If it is a small, dialogue-driven, quirky character piece with a specific niche audience, it may be a better fit for a cable network sale than a major motion picture studio. From theatrical releases, to broadcast and cable television, to digital distributors, take time to read the trades (traditional entertainment and technology publications) to see where projects like yours are getting deals. This also is a great question when you do get a moment with a film professional at an industry event, for example: “What would you consider the best platforms for a low-budget, independent feature comedy about female jockeys?”

Partners

Once you have a clearer sense of possible platforms for your work, it will help you define potential partners. That might include producers, production companies, directors, actors and studios that have recently released and profited from projects similar to yours. Similarities might include: lead character demographics, target audience demographics, worlds (e.g., futuristic sci-fi, period dramas, etc.), genres (broad male comedies, broad female comedies, broad children’s comedies, etc.) and more. Constantly follow the trades for who has development deals, how similar films have fared at the box office and other indications that your creative indicates profitability, personal connection or both for a partner before you approach them.

 

Brand Mandates

Production companies, networks, studios and talent (actors, directors, writers and producers) often have “brand statements” defining their target content. Of course, because the time period can be so long between a project’s green light and its theatrical release, what a given partner currently has in theaters may be very different from its current slate in production, which may be very different from what the development team is looking for today! Top-level agencies are always in the loop of current content mandates, but if you aren’t repped by one of those firms, keep an eye on the trades for content-related announcements, set online alerts for news about potential partners and, again, capitalize on meeting industry professionals by asking what their current content mandate is.

 

I’ve said that when you pitch, your job is to entertain and engage the room. However, no amount of passion or persistence will help you if you’re pitching content that is completely off-brand for a potential buyer! Even if the buyer is a personal friend, when s/he pitches your project up to the check writers, it has got to match the content mandate for that company.

 


Shopping Your Script

In order to reach a buyer, you have to begin the often lengthy screenplay submissions process. In industry speak, there are two types of direct submissions: “repped” and “unsolicited.” The former is the industry standard (but certainly not the industry norm since it is so hard to get an agent)! The latter is absolutely taboo; you must not send or present any creative (logline, synopsis, pitch or script) to anyone that hasn’t specifically agreed to receive it. Ever. Instead, concentrate on “un-repped” submissions through an industry relationship or competition.

Regardless of where you submit your script, you may be asked to sign a legal waiver or release acknowledging yours is one of many potentially similar stories the company may receive. You may be resistant to waivers, but you now understand how extremely likely it is that others have written screenplays in a similar space as yours. Of course, you’ve completed the work in this book, so you can ask yourself how many others have written a structurally sound screenplay? Also, having done all of that work, selling a script no longer is a fantasy or luck-of-the-draw possibility to you. Instead, it is the next step in an established process. Therefore, you are only submitting to reputable, industry-leading companies. You will have an entertainment attorney review the waiver, and you will decide if you want to sign and submit.

 

Agency Submissions

The industry standard process is to have a literary agent represent your script to potential buyers. Of course, finding an agent may take as long as or longer than writing the actual script. You absolutely can do “blind submissions” to agencies that allow them, which often includes signing a waiver or release, as well. Since agents use story analysts, too, you will be dropped into a reader’s stack, and any meeting with that agent will be determined by their coverage of your script. If you’ve successfully completed the final rounds of “1-3-5” weekend analyses on your screenplay, you have a shot at making it past coverage to a meeting.

 

Repped Submissions

Ideally, an agent (or, if it’s accepted, a reputable entertainment lawyer or manager) will submit your script to production companies and studios. Reps have the pull to get you into the reading pile at those companies. You might have to do another round of “polishing” for your rep! Do it – notes should be light by now, and you want your rep invested in the sell.

Once your rep has submitted the script, check in every two weeks or so, so they will remember to check on your script. Also, look for news articles or events that support the timeliness of your script to share with your rep.

If the script is a “pass,” see if your rep can get a copy of the coverage. Then address the notes in another draft. And, of course, find out if you are a “consider” or “recommend” as a writer so your rep can get you in for a meeting or at least get another work of yours read as soon as possible.

 

Un-Repped Submissions

If you can’t get an agent, work your contacts (inside and outside the industry) to see who knows someone at a production company or studio. Without an agent, again, you’ll usually sign a release before anyone will read your work. But you have an attorney and a copyright, remember?

Also investigate reputable writing programs, screenwriting competitions and submissions sites that send winning scripts to CEs and reps or are judged by them. Be clear what options and rights you are assigning if you win and keep a copy of all rules, regulations and releases.

Finally, do the rounds at industry gatherings and professional organizations to learn who might be looking for your type of script or open to receiving un-repped submissions. At least try to get your script submitted for coverage, so you can get professional feedback. If it’s an amazing script, it will be kicked up to a CE. If it’s not, it will be returned to you with helpful coverage…and you may not be entered into the deadly database. As always, read the feedback, and address the notes.

For more professional resources for all of the above, be sure to visit PlanetDMA.com.

 

Unsolicited Submissions

Once again, with emphatic insistence, I am telling you not to mail, email, text, online submit, casually mention or otherwise present any part of your creative to anyone in the industry who hasn’t expressly agreed to receive it. That includes sending unsolicited loglines, synopses, pitches or screenplays to me – do not do it. That is not how the business works! Instead of advancing your cause, it may get your content dumped into the real or virtual trash and, at worst, get you blocked from ever submitting legitimately.

You don’t show up at a car accident hoping someone will let you try your hand at surgery because you’ve always dreamed of being a doctor. And you don’t randomly send unsolicited content around Hollywood because you’ve always dreamed of being a professional writer. You’ve done the hard work this far to create the “show.” Stick with it and do the expected work for the “business” part of the process.

 

The Offer

You did it. You submitted your structurally sound, utterly sellable screenplay, and you got an offer!

Your first move? Go get some champagne, sparkling cider or Juicy Juice (if you’re as young as Hollywood wants you to be). But don’t guzzle it just yet! Your next stop is your attorney.

Do not ever do a deal in Hollywood by yourself. Don’t e-mail friends or list-servs and ask for a sample deal to save a dime. Don’t ask your cousin the divorce attorney to review the contract. Hire an entertainment attorney... who has done contracts for films you have heard of…and eat the cash to pay for a contract negotiation. The money you pay now…is the money you will not lose out on later.

Of course, if this is a first sale, your negotiating power will be pretty much zero. You may not even get to do a first rewrite or be paid more than Writers Guild minimum for a fee. But if you know you have the next genre-busting blockbuster on your hands…and your rep is shopping it to multiple buyers to start a bidding war…the right buyer will know it, too. And they will play ball with your attorney.

Either way, you will be in the database at last, a “Recommend/Recommend.” It’s time to crack open The “1-3-5,” start your next screenplay and take that now familiar 90-minute drive to Ventura. But it will be in a much nicer car.

Now go fill up your glass, mug or sippy cup. And congrats.

 

 

THE ROAD TO “RECOMMEND”

P

Pledge #6:  I crafted a solid story then developed distinct characters, beat out the script and fleshed out a strong treatment before writing four drafts of my script and dutifully addressing the note-ridden areas. When I submitted my script, I got an option or sale offer, and my attorney is negotiating it as I speak. I contacted DMA to share my good news, and I will commit to the same process again on my next script. Thanks, “1-3-5.”