A producer wants my script for 12 months, to try to find investors etc. How does it work?
I sent my first feature script to a manager / junior producer. She is interested to represent me and also produce it (meaning looking for producing partner, investors, casting etc
She basically said the script and all underlying rights remain entirely mine. Her role would be to take the project out - shape the strategy with me, approach producers and potential producing partners, financiers, sales/distribution, casting and other relevant parties and rep the project in those conversations. And nothing would ever be agreed or committed to without my approval and I remain attached to direct.
If the film gets made, she wants credit + fee + share of net proceeds - to be agreed and papered later on.
She wants an initial 12-month term with reasonable protection around introductions and work generated during that period.
Is it a normal procedure? Don’t I have to ask her some money? As I guess I couldn’t reach other producers so I could lose 12 months if she doesn’t find money.