 Re: Movie Contract Points | |
Not to be trite, but it means you probably won't get paid. 'Points' refers to percentage points of monies received after the film has recouped it's costs. 'Back end' compensation (of any type) is basically deferring your pay until the venture has made money.
The methods of accountancy vary widely, and by and large are geared towards the 'we didn't make anything' end of the spectrum. A safe rule of thumb to follow is 'I'm doing this for copy/credit/meals' and to not expect much else.
If you're really concerned about getting paid, ask to have a stipulation included in the contract that will allow you to audit the production's finances every quarter. The unfortunate part of going that route is that you actually have to hire an accountant to follow up on it, neverminding the fact that a healthy percentage of these low budget 'producers' will opt for an easier 'target' once you demonstrate that you aren't all googly eyed by the prospect of getting a gig.
The bottom line is this: If you can deal with not getting paid, go for it and be happy with the experience. If some money comes your way, it's an added bonus, and treat it as such. If you can't deal with not getting paid (because most likely you won't), I wouldn't take the job. Just my two-cents.
Best of Luck! |