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Profile of the Top Screenplay and Screenwriting Contests, 9/02
Mark Litwak's Entertainment Law Resources - Articles - Film
A literary acquisition contract is an agreement to acquire all or some rights in a literary property such as a novel or a play. Producers typically use it to obtain screenplays or movie rights to literary works. Purchasers, (e.g., producers) will want owners, (e.g., writers), to warrant that they own all the rights they are selling, free and clear of any other obligations (encumbrances). Sellers will disclose their copyright registration number so that Purchasers can check the copyright records and review the chain of title to ensure they obtain all the rights they desire. Each agreement needs to define the extent of the rights being sold.Sample Screenplay Option Contract The following is a contract I used. This is meant to be used as an example only.

