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Question in retrospect
Hey guys,
So last year I sold a documentary film to a major cable network. I won’t say which one, but it’s one of the big boys. By the time our sales agent took his cut and other entities involved in the film got their cuts of the profits, I was left with what added up to a few mortgage payments. Not a lot. This was my first go-around with a network, and I had no leverage. However, I felt having a network approach us unsolicited was too good of a career opportunity to pass up. Here are some key facts about the film:
The film is 91 minutes, but will be cut down to a broadcast hour for the broadcast. The network is making the edits, and has full creative control.
The network only has the broadcast/TV rights to the film. We retain Blu-ray/DVD distribution rights and Internet streaming rights. We are hoping that the broadcast will drive people to our web site where they’ll see that there is 45 minutes to the film they have not seen that is available on Blu-ray, DVD or streaming online.
Driving people to our web site will be tricky. The network is changing the title of the documentary, therefor, only people who take the time to research the film’s subject matter will find their way to our web site. When Googling the subject matter of our film, our film comes up number 1 in Google’s results.
Here’s what I’m wondering. Being that I made so little money on the network deal, would I have been better off offering the following deal to the network? “You guys can have the film for free if providing you keep the original title, plug our film’s web site and promote the fact that the film is available for purchase on Blu-ray and DVD.”
For me the hope would be that the resulting Blu-ray, DVD and On-Demand sales would have been a better payoff for me in comparison to what I made on the network deal. Would the network have gone for something like that. Or would they still rather pay money for the film instead of getting it for free with conditions?
I am working on my next film, which the network will automatically look at. I am trying to learn what not to do the next time around. Your thoughts are appreciated.
Thanks guys.
Aaron
