Do I need to sign a contract to invest in a movie?

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The development of the

film and television industry in the past two years can be described as rapid progress, and the box office of movies has also been rising. In 2017, 3 billion can be said to be the peak of domestic movies that cannot be imagined, but a "Wolf Warrior" has made the peak higher. 2 billion; in 18 years, in the continuous progress of the film industry, three films a year with a box office of more than 3 billion were produced. The popularity of the film market can be seen generally, which also makes investors who have expectations for the film and television industry. Enter the film and television investment industry.

Do I need to sign a contract to invest in a movie? - Lujuba

As an investor, the safety of our funds is the most important, so we must check whether it is the first production company’s public account when we make a payment. The paper contract should also be signed with the first production company;

before investing We need to ask the other party to show the film’s radio, film and television bureau for the record. Which company is stated on the radio, film and television bureau’s record and which company is the producer of the film. When we invest, we must sign a paper contract with it. The subscription money is also remitted to the company’s public account of the producer, and an investment agreement is reached!

Do I need to sign a contract to invest in a movie? - Lujuba

1. Whether the signatory is the master of the project

only signs a contract with the first producer of the movie is something we investors should know.

2. Is it clear whether the film investment project clearly mentions the investment project in the

contract? If there is only film investment, but no film project, this kind of contract is useless.

Do I need to sign a contract to invest in a movie? - Lujuba

3. Is the movie's release time clear? What if it is not released? The biggest risk of the

movie is whether it will be released. What if the movie is finished but not released? Will there be compensation? Are these details stated in the contract?

4. Whether the investment funds are remitted to the public account of the producer’s company

The subscription fee is directly remitted to the public account of the first producer of the movie. The private account refuses to remit money, even the private account of the legal representative. Not to mention the accounts or private accounts of other companies; as for QR code payment or APP payment, don't believe it.

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