First look deal

First look deal

A first look deal is an arrangement, usually in the film industry, where either a company or in some cases an individual enters into a commercial agreement with a studio under which they must allow the studio the right of first refusal in relation to developing and/or producing a project the individual or company is promoting. If the studio declines to take up the project, then the project can be "shopped" around to other potentially interested parties.

Examples

* [http://www.current.org/people/peop0216glass.html "First Life" and Warner Bros]
* [http://www.indiewire.com/biz/biz_970724_shallwedeal.html "Shall we dance?"]
* [http://www.cinematical.com/2006/06/27/ferrell-mckay-sign-first-look-deal/ Will Ferrell and Paramount]


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