Understanding OptionAvenue
What is OptionAvenue?
OptionAvenue is a pioneering platform that connects authors with producers who are actively seeking books to adapt for film or TV. We provide a bridge between storytellers and industry professionals, offering unique literary content ready for adaptation.
Who can submit a book to OptionAvenue?
Anyone who holds the rights to a book can submit it, including:
What happens after I submit my book?
Each submission undergoes a review process to ensure it meets our platform’s standards. Approved books benefit from:
Can I adjust the option price for my book?
Yes, you have the ability to update the option price at any time through our website or by contacting our team directly.
Are there any fees for listing my book?
Author Pitch Podcast: This is now offered as a separate service and no longer included in any book listing packages. For $100, authors can participate in a one-hour interview on the Author Pitch Podcast, where they can pitch their book and share their vision with a broader audience.
How should I price my book option?
Pricing varies based on the author’s experience and market demand. Here’s a quick guide:
Exercise Fees:
When a producer decides to move forward with the adaptation, exercise fees are negotiated. The amount depends on the book’s potential and the author’s reputation.
Net Profit Participation:
Authors may negotiate for a percentage of the net profits, usually between 1% to 5%, although it can be higher for influential authors or high-potential books.
Credit:
Authors often negotiate for credits in the adaptation, such as having their name featured prominently.
Should I seek professional advice for negotiations?
Yes, it is recommended to seek guidance from a literary film agent or an entertainment lawyer with experience in film and TV rights to help negotiate the best possible terms.
How does OptionAvenue safeguard my work?
We take the following steps to protect your intellectual property:
Where can I find more information?
If you have any questions not addressed here, feel free to contact us. We’re here to support you as you embark on the exciting journey of adapting your story for the screen!
Copyright 2024 – OptionAvenue, LLC
Helping authors and producers turn books into successful film and TV adaptations.
26565 Agoura Road, Suite 200, Calabasas, CA 91302 USA