Dear Rich: How Much is Paid for Life Story Rights?

How much was Serge Gainsbourg paid for his life story rights? - Pyragraph

Serge Gainsbourg in 1981.

Dear Rich: What compensation is typically given to the subject of a life story from the proceeds of the book and/or movie? Do they have rights to receive any?

You don’t always get paid just because someone creates a book or movie based on your life story. For example, no paychecks were written to Maggie ThatcherGeorge Bush or Serge Gainsbourg for their recent biopics (all good films, BTW, though the Dear Rich staff especially loved Serge’s story). If a story is about a public figure and can be told based on public records, existing news articles, and other public facts—for example, as in this film—then it’s unlikely that the filmmakers will seek rights from the parties depicted in the film.

Payments for rights are more likely to be made in films, such as The Blind Side, involving private figures and for which the cooperation of the depicted parties is required (such agreements are sometimes referred to as Cooperation Agreements, Consulting Agreements, or Life-Rights Agreements). When permission is sought, it is usually to prevent three types of legal claims: right of publicitydefamation, and invasion of privacy. Often these deals permit fictionalization and release the producers from any claimed injuries resulting from how the character is depicted.

How much is paid?

According to Dina Appleton’s book, Hollywood Dealmaking: Negotiating Talent Agreements, $25,000 to $100,000 is typically paid for TV life story rights, and between $100,000 and $250,000 is paid for motion picture life story rights. Sometimes a fraction of this payment (for example, 10%) is paid as an option and the remainder is only paid if the TV show or film goes into production.

Photo from Wikimedia Commons.

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About Rich Stim

Attorney Richard Stim specializes in small business, copyright, patents, and trademark issues at Nolo. He practices law in San Francisco and has represented photographers, software developers, craftspeople, publishers, musicians and toy designers. He is the author of many books, including Music Law: How to Run Your Band’s Business; Patent, Copyright & Trademark: An Intellectual Property Desk Reference; and Profit From Your Idea. Stim regularly answers readers’ intellectual property questions at Dear Rich: Nolo’s Patent, Copyright & Trademark Blog. Rich is also an author on Intellectual Property Law Firms. Stim also produces audiobooks, such as Nolo’s Crash Course in Small Business Basics, and performs and records with two bands, MX-80 and angel corpus christi. You can also find Rich on Google Plus.

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