fmk_RoI said:thehog said:It would be also suggested that the fee for he script would have been on a sliding scale based on the films success.
1) He didn't write the script;
2) Given the low percentage of scripts that ever get filmed, it would be a brave scriptwriter who accepted points.
As for the rights to Seven Deadly Sins: authors selling movie rights are usually paid a (very small) percentage of production budget (if the film gets made - otherwise all they ever see is the chump change from selling the option, as eg must have happened to Juliet Macur when her book was optioned but didn't get the greenlight).
(Also, do bear in mind the reason Frears didn't go ahead with his first choice, The Secret Race: Hamilton wanted too much money. It's highly unlikely he then turned around and threw a small fortune at Walsh.)
Yes, all very true. And like you state, they'll effectively rent the book rights and if it doesn't make it into a film it's dropped with no further payment.
It's around 2% of films budget capped. So Walsh probably was paid $200,000 USD, which will be taxed. Pierre will probably need to get half of that once his law suit makes it through the courts. Walsh might get 50k US, £30,000?