Talent owes me money... at DVinfo.net

Jeremy Rank · April 14th, 2005, 01:15 PM

I just finished a second instructional video with a talent in Florida (I'm in CA). Before we started filming, we got 6 sponsors at $100ea and 40 pre-orders at $25ea. This time around, I told him to hang onto the money from the orders and sponsorship to help with the plane ticket, hotel, etc. After filming and production was finished, I send out all the orders on my own quarter and put the ~$900 he owed me on a 'tab'. As I make internet sales, I reduce the amount he owes. The wording is clear in our contract that I would get my share of the funds due, and I'm sure that I will over time...but I'm only expecting about 100 sales a year and at that rate, it's going to be a couple years before he can pay down his tab.

What do you think I should do in this situation. I'm not going to LOSE money, but at the same time, I'm not going to GAIN any money in the short term. Should I bill him for the amount due or let it ride?

Bob Costa · April 16th, 2005, 11:53 AM

You should look back to what your written contract deal was and live up to it.

John Locke · April 17th, 2005, 01:36 PM

Hopefully you have a written agreement. But if you don't, hopefully both of you will live up to your verbal agreement as well.

April 14th, 2005, 01:15 PM	#1
Jeremy Rank Regular Crew Join Date: Dec 2004 Location: Visalia, CA Posts: 66	Talent owes me money... I just finished a second instructional video with a talent in Florida (I'm in CA). Before we started filming, we got 6 sponsors at $100ea and 40 pre-orders at $25ea. This time around, I told him to hang onto the money from the orders and sponsorship to help with the plane ticket, hotel, etc. After filming and production was finished, I send out all the orders on my own quarter and put the ~$900 he owed me on a 'tab'. As I make internet sales, I reduce the amount he owes. The wording is clear in our contract that I would get my share of the funds due, and I'm sure that I will over time...but I'm only expecting about 100 sales a year and at that rate, it's going to be a couple years before he can pay down his tab. What do you think I should do in this situation. I'm not going to LOSE money, but at the same time, I'm not going to GAIN any money in the short term. Should I bill him for the amount due or let it ride?

April 17th, 2005, 01:36 PM	#3
John Locke Retired DV Info Net Almunus Join Date: Sep 2001 Location: Austin, TX USA Posts: 2,882	Hopefully you have a written agreement. But if you don't, hopefully both of you will live up to your verbal agreement as well. __________________ John Locke SursumFilms.com

April 16th, 2005, 11:53 AM	#2
Bob Costa Major Player Join Date: Nov 2004 Location: Venice, FL Posts: 850	You should look back to what your written contract deal was and live up to it.