From the course: Creating a Short Film: 01 Producing
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Protecting yourself legally
From the course: Creating a Short Film: 01 Producing
Protecting yourself legally
- In the last chapter we talked about legal obligations that arise when you produce a short film. But everything is significantly more risky with feature films because there's so much more money involved. If there's a contract dispute on a short film, for example, it's probably not going to go to court. There's just not that much money to sue over. But when you have a budget that's in the millions of dollars, like even low budget features have, then that becomes something worth going to court over if somebody gets cheated. In the last chapter I also mentioned that I created The Assurance with my company, Movies & Computers, which is a limited liability company often abbreviated as LLC. But in the world of features each film needs to be its own LLC. So it's like the movie is a business. This is done not just for the legal protection of the producers and those involved with the film, but it's also a standard practice when turning the film over to distributors. They want to know that all…
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