OptionAvenue Terms of Service

Original TOS Date: April 1, 2024
Updated: January 19, 2025
Effective Date: January 19, 2025

Introduction and Acceptance of Terms

Welcome to OptionAvenue. By accessing or using our website, mobile applications, or related services (collectively, the “Services”), you agree to these Terms of Service (“Terms”). If you do not agree to any part of these Terms, you may not use our Services.

Description of Services

OptionAvenue operates as a platform connecting authors and literary rights holders with producers and other entertainment professionals. We provide tools, services, and resources to promote books for film and television adaptations. However, we do not act as an agent or party to any transactions unless explicitly agreed upon in writing.

User Eligibility and Account Registration

1. You must be at least 18 years old to use our Services.
2. You are responsible for providing accurate and current registration information.
3. Book submissions are subject to approval and may be denied at OptionAvenue’s discretion.

User Responsibilities and Warranties

By using our Services, you agree that:

1. You have the legal right to sell, option, or promote the rights to any work listed on our platform.
2. If your book is under a publishing agreement, you have obtained the necessary permissions to use our Services.
3. If you are acting on behalf of an author, you have explicit authority to do so.
4. You will conduct your own due diligence before entering any agreements facilitated by our platform.
5. You will not use our Services for any illegal or unauthorized purpose.

OptionAvenue’s Role and Limitations

1. Facilitator: OptionAvenue acts as a facilitator and is not a party to transactions between authors and producers.
2. No Guarantees: We do not guarantee the success of any deal or adaptation opportunity.
3. Content Removal: We reserve the right to refuse service, terminate accounts, or remove content at our discretion.

Fees and Services

1. Free Accounts: Basic accounts remain free indefinitely.
2. Premium Book Listings: $100/month, providing enhanced visibility and marketing services.
3. Additional Services: Pricing for movie posters, AI short films, and other services are detailed on our platform.
4. Refund Policy: Paid services are covered by a 30-day money-back guarantee. After this period, no refunds will be issued.

Intellectual Property

1. Ownership of Original Works: Authors retain full rights to their books and manuscripts. OptionAvenue does not claim ownership of the intellectual property submitted by users.
2. Ownership of Marketing Materials: OptionAvenue retains ownership of all marketing materials (e.g., AI short films, movie posters, trailers) it creates unless they are explicitly paid for by the author.
3. Paid Marketing Materials: For services purchased by the author (e.g., movie posters, AI short films), ownership transfers to the author upon completion and approval after the 30-day money-back guarantee period. However, OptionAvenue retains the right to use these materials for its own promotional purposes.
4. Unpaid Marketing Materials: Marketing materials created as part of general promotional efforts remain the property of OptionAvenue. We reserve the right to use, modify, or delete these materials at our discretion.
5. Promotion Rights: OptionAvenue has the right to use any created marketing materials (paid or unpaid) for social media, advertisements, or other promotional purposes.

Confidentiality and Data Usage

1. Manuscripts uploaded for evaluation are treated confidentially and used solely for generating coverage or creating marketing materials.
2. OptionAvenue will not share personal information with third parties except as outlined in our Privacy Policy.

Disclaimer of Warranties

OptionAvenue provides its Services on an “as is” and “as available” basis. We disclaim all warranties, express or implied, including those of merchantability and fitness for a particular purpose.

Limitation of Liability

OptionAvenue is not liable for indirect, incidental, or consequential damages arising from the use of our Services. Our total liability is limited to the amount paid by the user for Services.

Indemnification

You agree to indemnify and hold harmless OptionAvenue, its affiliates, officers, and employees from any claims or damages arising from your use of the Services or violation of these Terms.

Dispute Resolution

Disputes will be resolved through binding arbitration under California law.

Modifications to Terms

OptionAvenue reserves the right to update these Terms at any time. Continued use of the Services constitutes acceptance of the revised Terms.

Contact Information

For questions or concerns, contact us:

OptionAvenue, LLC
26565 Agoura Road, Suite 200
Calabasas, CA 91302
Email: [email protected]
Website: www.optionavenue.com