It in essential for the producer that he works out a Television Series Production Agreement with his team including director, actors and writers and so on, before commencing the production. It is important to know about the various techniques and knowledge of the production. Ignorance may affect the television series and may involve some financial risk.
All the financial aspects are handled and looked after by the producer, therefore to avoid any future hassles with the team; the television series production agreement is signed. The producer also has to make sure that the series or the project is produced within the budget. It is his duty to manage the distribution and the publicity of the project.
This contract consists of a number of prerequisites, which includes basic duties and responsibilities, contact details of both the parties involved, mode of payment, commencement date and the date on which the contract expires, terms and conditions and discretion clauses.
The major advantage of signing the television series production agreement is that, in future, if there are any kind of disputes between the two parties; an out of court settlement may be done on the basis of the terms and conditions and other clauses mentioned in the agreement.