The Letter Of Intent Film Production Template is a crucial preliminary document used in the Australian film industry when parties wish to formalize their interest and basic understanding before committing to full production agreements. This document typically comes into play during the early stages of film project development, when key stakeholders need to establish their intentions regarding funding, creative control, rights ownership, and production arrangements. It serves as a roadmap for future negotiations while remaining non-binding on most terms, except for specific clauses such as confidentiality and exclusivity. The template is designed to comply with Australian entertainment law and industry practices, including considerations for federal and state-specific film regulations, copyright law, and screen industry standards. It's particularly valuable when seeking government funding, approaching investors, or establishing co-production relationships, as it demonstrates a serious commitment to the project while maintaining flexibility for final terms.
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1. Date and Address Block: Formal letter heading including date and recipient's details
2. Project Identification: Clear identification of the film project, including working title and brief description
3. Parties Introduction: Introduction of the key parties involved (production company, financiers, key talent)
4. Purpose Statement: Clear statement of the letter's purpose and its non-binding nature
5. Key Terms: Outline of fundamental terms including proposed budget range, timeline, and key deliverables
6. Rights Confirmation: Statement regarding ownership/option of necessary rights for the project
7. Confidentiality: Basic confidentiality obligations of all parties
8. Duration and Exclusivity: Period for which the LOI is valid and any exclusivity arrangements
9. Next Steps: Outline of the process toward formal agreements
10. Signature Block: Space for signatures of authorized representatives
1. Key Personnel: Section detailing proposed director, main cast, or other key creative personnel when already identified
2. Distribution Strategy: Include when there are specific distribution arrangements or targets in mind
3. Copyright Declaration: Detailed section about intellectual property ownership when complex rights are involved
4. Government Incentives: Section outlining intended use of tax incentives or government support when applicable
5. Co-Production Elements: Include when the project is intended as an international co-production
6. Development Funding: Section outlining development funding arrangements if required before production
7. Chain of Title: Include when there's a complex history of rights ownership that needs to be acknowledged
1. Schedule A - Preliminary Budget: High-level budget breakdown showing major cost categories
2. Schedule B - Production Timeline: Proposed timeline for pre-production, production, and post-production
3. Schedule C - Key Personnel Biographies: Brief biographies of attached key creative personnel
4. Schedule D - Project Synopsis: Detailed synopsis of the film project
5. Schedule E - Rights Documentation: Summary of current rights ownership and option agreements
6. Schedule F - Financing Structure: Proposed financing structure and sources of funding
Relevant legal definitions
Clauses
Relevant Industries
Media & Entertainment
Film Production
Television Production
Digital Media
Creative Arts
Entertainment Finance
Media Distribution
Copyright & Intellectual Property
Arts & Culture
Entertainment Law
Relevant Teams
Legal
Business Affairs
Production
Development
Finance
Rights Management
Project Management
Creative
Operations
Contracts Administration
Relevant Roles
Film Producer
Executive Producer
Production Manager
Entertainment Lawyer
Business Affairs Manager
Development Executive
Creative Director
Financial Controller
Rights Manager
Production Coordinator
Legal Counsel
Investment Manager
Distribution Manager
Contract Administrator
Project Manager
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