We are delighted to announce that the contract that Under Construction draws up with filmmakers for distribution is now non-exclusive. Technically, this means even if filmmakers sign a contract with us, they are free to have similar arrangements with other distributors in the same territories.
Since we have so far been working with exclusive contracts, our existing filmmakers are welcome to decide if they would like to continue with our earlier 'exclusive' arrangement or would rather opt for non-exclusivity.
In case existing filmmakers choose a 'non-exclusive' option we don't need to draw up a new contract. However, a one line email with instruction is necessary and sufficient.
In the non-exclusive contract most of the existing terms remain the same. Only the "Sale through Producer" option, where we were offering 80% of the sale price to the Producer for enquiries directed to us by the them gets dropped for a standardized royalty of 65% to filmmakers/ producers.
We welcome filmmakers to join us with their films.
For more details, send us a mail.
Friday, October 26, 2007
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