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Amazon Studios?

http://studios.amazon.com/
What is Amazon Studios?

We believe 21st-century technology creates ways to make and share movies and scripts more easily than ever. We invite you to:

Win money. Amazon Studios will award a combined $2.7 million in our first year's worth of monthly and annual contests for the best scripts and movies. There is no charge to participate. Learn more.
Get noticed. Your work will be shared with a global community of filmmakers and fans, who can offer revisions and advice. Screenwriters can see their words come to life as full-length test movies made by directors vying for our $100,000 monthly awards.
Get your movie made. The goal of Amazon Studios is to work with Hollywood to turn the best projects into major feature films.

What do you think about this site?
You basically write scripts and end up potentially winning a monthly contest and might even get the script picked up by Amazon who'll make a movie about it.

But I dunno if it's good for you even as an amateur writer:
Original Properties

The essence of the Agreement is that if you upload an original script or movie (thereby starting a new project), Amazon Studios gets three important things with respect to your work:

The exclusive right to buy it (and its associated rights) during the 18 month term of the option, for $200,000 plus other possible bonuses. We can extend this option another 18 months by paying you $10,000.
The exclusive right to develop it during the option term (for instance by putting it up at Amazon Studios and inviting people to review it, to make movies based on it and to revise it).
The right to show and distribute it (and scripts and movies based on it) forever. We do not have the right to show it or movies based on it to people in theaters, or on DVD or Blu-Ray, or via linear broadcast or cable TV or a la carte sales or rentals online, except for short clips, but we can keep it up on our website and otherwise distribute it without exercising our option. There is no "delete my stuff" button.

So for 18 months after you create a project at Amazon Studios, you cannot display, sell or license your script or test movie elsewhere, or withdraw it for any reason. However, when the option term ends, if we haven't exercised our option and purchased your work, you will get back non-exclusive rights to your original material.

If you revise your own script or movie with original material, the rights to your original revisions are considered part of your original script or movie and the rights in the original revisions go with the rights in the original script or movie.

Then again, you might end up never getting any money whatsoever from your script if you don't send it in to them and you're always free to make second scripts that might be a lot more attractive if you've gotten a movie from one of them. Here's the FAQ and General terms for anyone interested in finding out more potential downsides:

http://studios.amazon.com/getting-started
http://studios.amazon.com/help/contest-terms-and-procedures

What do you think?
Should one enter their contest?

Posts

  • MagellMagell Registered User regular
    If you only have the one idea it might not be a good idea, but other than that it seems like it could only be a good thing. Sure you lose the ability to shop a script around for a year and a half, but if you are just starting out you might not have the contacts to get it out any other way. It sounds like a good way to get a start and if they do buy your movie 200k ain't bad, plus you'll have a written movie to your credit to help get more work.

  • LilnoobsLilnoobs Alpha Queue Registered User regular
    What they pay isn't bad for a first script, but the complete loss of shopping your script around is pretty huge.

  • LFGabelLFGabel Registered User
    http://theauditorz.wordpress.com/2011/05/03/beginners-guide-to-amazon-studios/

    For anyone who has considered entering the Amazon Studios contest and hasn't followed this blog, really should. Unfortunately, last week, the blog mysteriously shut down any updates, and a lot of the blog entries were removed. There is still some good information there.

  • noir_bloodnoir_blood Registered User regular
    I'll paraphrase something I read about this when it first came out-if your script is good enough to be sold and made into a movie that grosses over 60M(so you can get that 40k bonus), then it's probably good enough to be bought by Hollywood without the help of Amazon.

    Spoiler:
  • StraygatsbyStraygatsby Registered User regular
    The only complaint I would have about the system (if I'm reading this little blurb right) is that you don't get anything for the initial 18 months, even though they are essentially optioning it. That's not terribly kosher. If you got 10k off the bat for the first 18, I really couldn't find a fault in it.

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