Screenplay Scam: The Risk of Upfront Payments to Producers, Agents, and Managers
The American Film Market 2023 has wrapped up. We rented a booth at this event, where I met numerous filmmakers. Many are looking for an entertainment lawyer, and someone is needed to handle contract drafting. Additionally, many need assistance with immigration matters, and I am happy to help.
Today, we will discuss contracts for management services that border on being scams.
Some management contracts are borderline scam
What’s the difference between an agent and a manager?
The Bottom Line
If you are contemplating engaging with a person, possibly a former filmmaker, to act as your manager, exercise caution. Although it is legal for managers to charge a flat fee, some contracts presented may blur the lines between agency and management roles, potentially leading to legal complications, especially since many of these individuals do not possess necessary agency licenses.
From my personal experience and professional observations, it’s clear that such offers are typically designed to take advantage of the inexperience of aspiring filmmakers.
I advise filmmakers who have encountered similar offers or are considering entering into a management contract to seek advice from experienced professionals and perform thorough due diligence. Your experiences and insights on encountering such tactics are valuable – please feel free to share them. Staying informed and vigilant is essential in navigating the complexities of the film industry and avoiding opportunists who prey on newcomers, despite making lofty promises they often can’t fulfill.