Why Enter the Wiki Screenplay Contest?
HOW MUCH MONEY CAN YOU MAKE AS A SCREENWRITER?
If you’re thinking about starting that screenplay...or finally finishing the one that’s been sitting on your desk gathering dust, maybe this will inspire you (these are real dollar amounts):
WGA THEATRICAL SCREENPLAY DEALS REPORTED 2020
1. Theatrical Motion Picture Deal for U.K. Producers
Fee: Scale for a first/final draft screenplay plus $25,048 for a guaranteed rewrite fee.
Contingent Compensation: 5% of 100% of Company’s share of net profits, with a most favored nations definition for Net Profits.
Travel: 1st class travel and lodging as needed with a $50 per day per diem.
Negotiation Highlights: This is the writer’s first feature deal.
Material deal terms are locked. The Company also agreed to a per diem in the event that travel was needed to perform research.
2. Theatrical Motion Picture Deal for U.A.E. Producers
Travel: $50,000 travel fee for 1 week research trip to Dubai with producer paying first class airfare plus first class meals and lodging.
Treatment: Producer shall have 12 weeks following the Dubai trip to pay writer $50,000 to write an 8-10 page treatment.
Screenplay: Producer shall have a 12 week option to engage writer to write a low budget theatrical screenplay in exchange for $250,000.
Production Bonus: $250,000 to be paid upon commencement of principal photography.
3. Theatrical Motion Picture Deal for Hollywood Producer
Writer employed to rewrite existing screenplay
Fee: Guaranteed rewrite fee: $40,000, Optional polish fee: $20,000
Contingent compensation: 1% of 100% of Defined Net Proceeds
Negotiation Highlights:
All payments for writing services are 50% upfront, 50% upon delivery.
4. Low Budget Theatrical Motion Picture Deal for Hollywood Producer
Guaranteed Writing Compensation: $85,000
Optional Writing Compensation: $43,000
Production Bonus: $50,000 (half for shared credit); if budget over $5 Million, 2.5% of budget with ceiling of $300,000
WGA THEATRICAL SCREENPLAY DEALS REPORTED 2020
1. Theatrical Motion Picture Deal for U.K. Producers
Fee: Scale for a first/final draft screenplay plus $25,048 for a guaranteed rewrite fee.
Contingent Compensation: 5% of 100% of Company’s share of net profits, with a most favored nations definition for Net Profits.
Travel: 1st class travel and lodging as needed with a $50 per day per diem.
Negotiation Highlights: This is the writer’s first feature deal.
Material deal terms are locked. The Company also agreed to a per diem in the event that travel was needed to perform research.
2. Theatrical Motion Picture Deal for U.A.E. Producers
Travel: $50,000 travel fee for 1 week research trip to Dubai with producer paying first class airfare plus first class meals and lodging.
Treatment: Producer shall have 12 weeks following the Dubai trip to pay writer $50,000 to write an 8-10 page treatment.
Screenplay: Producer shall have a 12 week option to engage writer to write a low budget theatrical screenplay in exchange for $250,000.
Production Bonus: $250,000 to be paid upon commencement of principal photography.
3. Theatrical Motion Picture Deal for Hollywood Producer
Writer employed to rewrite existing screenplay
Fee: Guaranteed rewrite fee: $40,000, Optional polish fee: $20,000
Contingent compensation: 1% of 100% of Defined Net Proceeds
Negotiation Highlights:
All payments for writing services are 50% upfront, 50% upon delivery.
4. Low Budget Theatrical Motion Picture Deal for Hollywood Producer
Guaranteed Writing Compensation: $85,000
Optional Writing Compensation: $43,000
Production Bonus: $50,000 (half for shared credit); if budget over $5 Million, 2.5% of budget with ceiling of $300,000
NOW is the time to find out if your script is on the right track.
Submit your first 10 pages NOW.
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