Understanding Film Options - podcast

Author Donna Levin explains how film options for books work and some of the key considerations if you want to turn your book into a movie. If you wish to pursue this goal, make sure that your literary agent has co-agents in Hollywood. Film deals usually start with a producer offering you a film option contract. An option is when producer gives you an amount of money to hold the film rights for your book for a given amount of time. It's no guarantee that the film will be produced. The good news is, even if the option never turns into a movie deal, you still keep the money from the option.
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