What is Amazon Studios?
Uploading a Screenplay onto Amazon Studios
When you create an account, you will be asked to provide some information about yourself, and then invited to upload your screenplay. You can then select whether you will invite other writers to contribute to your screenplay (if, for example, you feel it needs work) or not. The options ‘open’ ‘with permission’ or ‘closed’ speaks for itself. If your screenplay wins any of the competitions on the site, the prize money is apportioned to each contributor (if any) of your work including yourself.
Amazon Studios Development Agreement in a Nutshell
But the screenwriter must understand Amazon’s development agreement before uploading any screenplays onto this platform. To put it bluntly, as soon as you upload your screenplay onto Amazon Studios’ website, you are powerless to sell it elsewhere for 18 months. This situation in screenwriting context is known as an ‘option.’ At the end of this term (if Amazon has done nothing with the screenplay), Amazon Studios may decide to pay you $10,000 to extend this option by a further 18 months if they wish.
During this term, Amazon Studios will have exclusive rights to buy your screenplay for a fixed sum of $200,000 and make a movie from it. If, however, Amazon still has done nothing with the screenplay by the 18 month period, they lose exclusive rights and you are free to shop elsewhere. But in theory, Amazon could continue to extend this option.
Amazon states that 18 months is necessary for reviews to build up, have test movies made and see if the screenplay works commercially. The first thirty pages of each screenplay are guaranteed to be read by someone who has the powers to make the decision to buy the script and have that movie made.
If the film script is purchased from you by Amazon Studios, as described above, and the film makes 60 million dollars on initial release in the US box office, you will earn a bonus of $400,000.
Screenwriting Contest Money
It must be made clear that any prize money the screenwriter may have won on Amazon Studios’ monthly competitions is unconnected to the purchase or bonus money Amazon may pay the scriptwriter if the movie is made; collaborators are excluded from this money. However, there is plenty of opportunity for collaborators to earn competition cash from rewriting or improving someone else’s screenplay if the screenwriter grants permission.
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