Common use of Length of Program Clause in Contracts

Length of Program. “High Budget” Threshold as Initially Exhibited* 20-35 Minutes $1,300,000 and above 36-65 Minutes $2,500,000 and above 66 Minutes or more $3,000,000 and above * Programs less than 20 minutes are not considered “high budget” for the purpose of this Sideletter, regardless of their budgets.

Appears in 3 contracts

Samples: Theatrical and Television Motion Picture Area Standards Agreement, Theatrical and Television Motion Picture Area Standards Agreement, Theatrical and Television Motion Picture Area Standards Agreement

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Length of Program. High Budget” Threshold as Initially Exhibited* Threshold 20-35 Minutes $550,000 $1,300,000 and above 36-65 Minutes $2,500,000 and above 66 Minutes or more $3,000,000 and above * Programs less than 20 minutes are not considered high budgetfor the purpose of this Sideletter, regardless of their budgets. It is understood that two (2) animated segments, each of which is ten (10) minutes or longer and which are initially exhibited as a unit, qualify as a twenty (20) minute program, provided that the combined budget of the segments meets the ‘high budget’ threshold.

Appears in 1 contract

Samples: Memorandum of Agreement

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