The famous writer Stephen King He is known for memorable works that are successful in literature and cinema. Recently, the author made a surprising decision by selling the adaptation rights to his short stories for just $1.
Yes, it is possible to acquire the rights to an author's work for this symbolic value. However, the agreement has some interesting details and a very noble reason behind this decision. King's work serves as inspiration for new generations who want to explore a world of mystery and suspense.
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Therefore, the writer established the Dollar Baby agreement, this agreement is a contract created to help students of movie theater and theater producers. For the cost of 1 dollar, filmmakers and producers can choose between 20 short stories by the author and create an incredible production of up to 45 minutes.
Furthermore, before being widely disseminated, the final version must be validated by the writer himself. If approved, the film production can be shown at non-profit film festivals and educational projects. In other situations,
Stephen King must be consulted to release distribution.(Image: Wikimedia Commons/Reproduction)
As he was a renowned writer, King's decision surprised everyone who knows the value of his works. However, the author himself explained his decision and said that he created a way to help new filmmakers.
“Around 1977, when I started to become popular, I saw a way to give back some of the joy that cinema gave me,” said King.
At this time, young filmmakers contacted King so they could film his works. Thus, he decided to create a symbolic agreement so that new talents could explore these film productions.
“Despite the objections of my accountant, who saw all kinds of potential legal problems, I established a policy that is still valid today. I will grant any film student the right to make a film out of any short story I have written (not the novels, that would be ridiculous), as long as the film rights are still mine to assign,” commented King in his book The ShawshankRedemption: The Shooting Script (1996).
Through this agreement signed in the 1970s, the author believes that 16 or 17 productions were carried out, but the number is uncertain.
In any case, Stephen King's extremely generous contract is a golden opportunity for new talents who want to produce a work by one of the biggest names in world literature.