An Option Is Not a Film Deal
I remember sitting in a cramped, dimly lit cafe in Bloomsbury fifteen years ago, watching a client’s face go from pure euphoria to absolute devastation in the span of a single phone call. They had just been told their manuscript was being “optioned,” and they were already mentally spending the windfall on a house in the Cotswolds. They didn’t realize that an option isn’t a sale; it’s a temporary lease on your intellectual property that often pays less than a decent month’s rent. Most people approach the question of how film and TV options work with a sense of starry-eyed…