العربية
中国
Français
Deutsch
Ελληνική
हिन्दी
Italiano
日本語
Português
Русский
EspañolTURNAROUND (FILM INDUSTRY TERM)
A 'turnaround' or 'turnaround deal' is an arrangement in the film industry, whereby the rights to a project one studio has developed are sold to another studio in exchange for the cost of development.
Examples of films put into turnaround include: ''E.T.'' (from Columbia to Universal); ''Speed'' (Paramount to Fox); and ''Forrest Gump'' (sold by Warner Bros. to Paramount in exchange for the rights to ''Executive Decision'' and $600,000 in cash).
In certain situations the option to a screenplay may have expired, and instead of renewing at one studio, the option will be renewed at another studio according to the terms of the deal.
Examples of films put into turnaround include: ''E.T.'' (from Columbia to Universal); ''Speed'' (Paramount to Fox); and ''Forrest Gump'' (sold by Warner Bros. to Paramount in exchange for the rights to ''Executive Decision'' and $600,000 in cash).
In certain situations the option to a screenplay may have expired, and instead of renewing at one studio, the option will be renewed at another studio according to the terms of the deal.
This article provided by Wikipedia. To edit the contents of this article, click here for original source.
psst.. try this: add to faves
