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Topic: Leasing Lg Format Prints
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Adam Martin
I'm not even gonna point out the irony.
![](http://www.film-tech.com/ubbmembers/641k.jpg)
Posts: 3686
From: Dallas, TX
Registered: Nov 2000
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posted 05-15-2002 09:24 PM
I suppose you're right, Dick. Poor word choice on my part. What I probably should have said is that if a theater is looking for a deal, there are used prints out there that carry a much lower initial lease expense than new prints. Quite often these prints are sitting in a theater somewhere waiting for a new home.In reviewing a couple of contracts (which are not necessarily from any theater I am affiliated with): Distributor A: "The print and all trailers are at all times the property of [distributor] ..." Distributor B: "[Distributor] shall provide to the Exhibitor one quality assured 15/70 print, one soundtrack [...] and one 15/70 3D trailer and accompanying soundtrack of [film title] for a total cost of US $[xx,xxx] ..." Then on later pages: "[Distributor] shall arrange with Exhibitor immediately upon termination of the Agreement for the return of all Prints and Soundtracks ..." Distributor C: This distributor required the theater to pay $x,xxx for a used, unassured print to be delivered at the theater's expense directly from another theater. The contract (Letter Agreement) the theater signed was 2 pages long and there were at least 14 pages (of Standard Terms and Conditions) the theater never received. I assume that print return information was on the pages the theater never saw. My previous comments may be confusing because there are some theaters that purchase rights based on the fact that they want to library the film and have exhibition rights at their leisure. In other words, they will play the film for a normal engagement, after which the print will be played at the exhibitor's whim. And yet other theaters invest in the production of certain films and gain additional special exhibition privileges. Throw in equipment leases, ticket royalties, seat royalties, etc., and everyone is thoroughly confused. ![](http://www.film-tech.com/ubb/smile.gif)
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