I have to question the legitamacy of this based on your vague post as “appropiate for TV” sounds amuratureish: There are differernt TV specifications. PAL, NTFC and now :HD?
Paid a royalty? ahum:
2.1. Broadcast License. By submitting your Film and Collateral Materials you hereby grant to TRECpro a
non-exclusive, worldwide, royalty free license to exhibit and distribute your film/content with an unlimited
right to reproduce, distribute, publish, sub license, publicly display, digitally perform, sell on DVD or by
download, and modify your submitted materials. However, all modifications to the film/content will be
limited to modifying the formatting and presentation of the content, including preparing translations, to fit
the look, feel, and format of the distribution channels which TRECpro will be using for your film/content.
if i remember right; royalty free means you dont have to pay no royalty.
2.3. Consideration For Agreement. In consideration for this agreement Submitter will be paid
$.15 for each DVD or Download sold by TRECpro containing the Film and Collateral Materials. Payment
will be made by check within 30 days from the end of the quarter.
doesnt this contradict the first clause? thus rendering this contract non-legally binding?
Also, you dont say much as to how your business will be like. I would hate to send my work to you and find out you’re also Slutty McSlutty who will ruin my reputation by spamming this DVD like a whore… wheres the guarantee in the contract that governs pratical use of my material?
Will things such as The credits, displaying my website, name etc be cut out etc… seeing as though you’ve gave yourself a nice exclusive right to edit “modify” my material and use it, maybe even make it look like it your own production or even try to associate yourself with my business?
Your contract stinks basically.