spec market for ages. Universal is also in play -- and who knows what will happen once the GE/Comcast buyout is done, meaning that uncertainty could keep Universal on the side- lines, too. "And Sony has basically let it be known that they have spent all of their de- velopment money for 2010 already," Scoggins says. "So they will not be buying new specs unless it's a worthy exception to the rule -- stuff that's coming in packaged up and ready to go." Yes, you read that right: 2010 devel- opment money is all gone already. stract Entertainment says the picture is not quite as gloomy as the Scorecard makes it out to be. "A lot of specs went out recently," he says. "There has been some movement. A lot of things have been selling that are either based on intellectual property or have an attachment. There have been a few naked things that have sold, but it's still definitely in the minority." Goldberg acknowledges that "naked" specs -- ones with no attachments or source material -- are increasingly difficult to shop nowadays. "I just had a conversation with an agent yes- terday about taking out a spec together in the next week. And the agent expressed a concern to me, like, `Listen, this is naked. I don't know if we're going to be able to sell it.' I'm like, `I know, man. I don't know what else to do.' Things are definitely better than fall, but they're not all we're hoping for quite yet." Gladstone. "Buyers are taking advantage of a buyer's market. But there are still writing as- signments out there; there's still a writing business out there and they're still making movies out there. There are still lots of oppor- and they're more specific than they used to be." The key is being realistic about what the buyers will pony up for. This isn't the 1970s; the corporate media behemoths who own the movie studios are no longer taking flyers. "If you have an event movie, you're still going to sell it for a lot of money," Gladstone says." If you have a genre movie, you're going to sell it for scale. But a big comedy with a huge idea, you're going to sell it for a bunch of money." writers and their reps. "We do that daily," Goldberg says. "We go back and forth knock- ing down ideas until we both can agree on an idea that they're passionate about and [one] that we have a strong feeling that we can sell," he says. "We've had some clients who have taken months until we hit the [right] idea." Which is better than being this guy: "We've had other clients who just wanted to write what they wanted to write, and then they turn in the script, and we're like, `It's great, but we can't do anything with it.'" transitional period with [concern over] deliv- ery systems and how we finance movies and what the pipeline is actually able to handle, we'll find stability -- and that stability will allow us to find some comfort." But until then, it's going to be tough out there for feature writ- ers and reps alike. "The truth is," Thuan con- tinues, "people are very concerned about the DVD market, the Internet [as a distribution medium] and the changing value of syndi- cated television. Everything we've relied on for many, many years [is in flux.] On the one hand, it's terrifying. On the other hand, it's in- credibly exciting that there could potentially entertainment. Content will still have its place, but people will have to figure out ways to monetize the distribution platforms so that we can get back to being in strong positions to ne- gotiate to be appropriately compensated." Goldberg says it may be 2015 or 2016 before the economy -- and the entertainment indus- try -- finally rebounds. "Keep in mind we've had this gloom that DVD sales are dwindling, followed by this new, exciting song of `3-D is here, 3-D is here!' Variety [reported that] the ticket prices are going up on 3-D, which is off- setting the loss of the DVD revenue. So Holly- wood continues to find new ways to bring in those revenue streams. It's going to eventually have to trickle back down. The gloom song is only going to last for so long before agents and managers tell the studios, `Well, then go F yourself, you can't have this script.'" toy," Gladstone says. "A brand is everywhere. Look at Roland Emmerich. How'd he brand Independence Day or 2012? Those posters said, `Look up 2012.' They didn't have a picture and an actor. They didn't have a screen shot. Brands are everywhere. Pay attention to them. Date Night is a brand. Sure, what they did with it is specific to a narrative and a writer, but everyone knows what a date night is." He concludes, `Don't be disgruntled, writ- ers, thinking that you have to go secure the rights to [a property] to survive in Hollywood. Think about the brands that are left in the zeitgeist and craft great stories around them. Think like a studio." |