Define the starting number
Ask what counts as revenue from a sold copy and when that revenue is recognized. Clarify differences between gross sales, receipts actually received and net amounts after permitted deductions. The definition should be specific enough that a statement can be followed from sale to payment.
Understand deductions and adjustments
Ask how platform fees, taxes, refunds, chargebacks and currency conversion are treated. The offer has no separate FilmTakeoff service bill. Any transaction-level deductions should be defined clearly, including their order of application. A headline percentage should never be a substitute for reading these mechanics.
Match the rights to the work
List the media, channels, territories, languages and duration involved. Discuss existing commitments, direct sales and whether any scope is exclusive. A release plan and the accompanying license should describe the same practical relationship.
Agree how reporting works
Ask what statements will contain, how frequently they arrive and how adjustments are shown. Understand the proposed payment timing, any thresholds, available payment methods and how questions about a statement are handled. The answer may depend on channel reporting cycles.
Discuss changes and the end of the relationship
Clarify approvals, material scope changes, renewal and termination. Ask what happens to listings, outstanding payments, licenses already granted and retained materials when the relationship ends. Practical exit details matter as much as an enthusiastic launch.
Keep the final terms in writing
Use the actual proposed agreement as the source of truth. These are general discussion points, not personalized legal or tax advice. Obtain appropriate independent advice for your circumstances before making a binding commitment.
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