Overall deal

An overall deal is an arrangement under which a film studio pays compensation to a producer in exchange for the use of that person's creative services. Under this arrangement, anything developed by the producer stays within the studio; it cannot be shopped elsewhere if the studio passes on further production or distribution of film concepts. Overall deals are usually only made in relation to television projects, not feature films.

A reasonable proportion of the costs of these overall deals should be associated with specific film projects, based on the extent to which the costs are tied to the acquisition, adaptation, or development of projects. When any of these costs cannot be associated with specific projects, they are to be charged to expense as incurred.

Related Courses

Entertainment Industry Accounting