A life rights agreement contract, also known as a life story agreement or life story rights agreement, is a legal document that grants a production company the right to tell the story of an individual`s life. This contract secures the necessary rights to develop, produce, and distribute a film, television, or digital content based on the individual`s life.
Unlike an authorized biography, which is typically written and approved by the subject of the book, a life rights agreement contract allows a production company to take creative liberties with a person`s life story. The subject of the contract may not have control over the creative choices made by the production company, but they do have a say in how their image and likeness are portrayed.
To draft a life rights agreement contract, both the production company and the individual have to agree on the terms of the contract. The contract should include details about the scope of the project, compensation, and any limitations on the use of the individual`s story.
The scope of the project should include a summary of the proposed film or content and the intended distribution channels. It`s essential to include any language that limits the use of the individual`s story in specific geographic locations or languages.
Compensation is a critical aspect of a life rights agreement contract. The individual should be compensated for granting the production company the rights to their story. The contract should outline the payment structure, such as a lump sum or a percentage of the production`s revenue.
To protect the individual`s image and likeness, the contract should include limitations on the use of the individual`s story. For example, the individual may not want their name or likeness associated with certain products or brands. The contract should spell out any restrictions on the use of the individual`s name, image, or likeness.
In conclusion, a life rights agreement contract is an essential legal document that protects both the individual and the production company. It secures the necessary rights to tell an individual`s life story while ensuring that the individual`s image and likeness are protected. It`s essential to consult with a legal professional experienced in entertainment law to draft a comprehensive life rights agreement contract.