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WHAT IS IT? The Low Budget Agreement allows writers to write and sell a narrative feature-length screenplay under the protection of the Writers Guild if the theatrical film's budget is at or below $1.2 million.
One of the most common types of screenplays you'll write as a freelance screenwriter is the feature screenplay for a usually 90 to 120 minute feature film. For these, it's standard to charge between $1,000 $15,000, with the most common price coming to around $3,000 to $5,000.
Program Fee An amount paid to a writer (or writers) who write specific episodes of a television program.
The Minimum Basic Agreement (MBA) is the collective bargaining agreement that covers the benefits, rights, and protections for most of the work done by WGA members.
Program Fee An amount paid to a writer (or writers) who write specific episodes of a television program.
There are some general guidelines that you should keep in mind when you're negotiating. As a rule the screenwriter will get between 2% and 3% of the production budget. The production budget typically does NOT include insurance costs which can be 15-20% of the total budget this is normal so be prepared for it.
For a LOW budget film which is budgeted at less than $5 million, the script must be purchased for $72,662. For a HIGH budget film which is budgeted at $5 million or more, the script must be purchased for $136,413.
The simplest, most legitimate way to protect your script is by registering it with the WGA. Registrations are just $20 and are valid for 5 years.
Term of the Deal The term of a TV contract is the length of time you're committing to the station. Expect two to three years, up to five years if you're being offered a top-level position.