How do I turn my novel or screenplay into a movie? How do I start a production company or talent agency in Texas?Call for Submissions. Browse through all of the industry-related festivals currently accepting submissions in the Lone Star State! For a short film that I'm financing myself do I need any other contracts signed besides the actor's release form? A movie contract is a legally binding document between the parties for producing a particular film or movie as per the laws of the US. From a true legal perspective you and your former collaborator can sue each other over the color of your shoelaces. Many a lawyer will be glad to take the case. For low budget films, it's unrealistic to expect any money from the back end. Having solid Film Production Company legal documents for various parties to sign is key to running a successful Film Production Company.