I was not sure what other lounge to post this in, so here we go.
First, before anyone comments, I have a semi vague understanding of the process I am speaking about. Mainly due to the lack of detail research has generated. Finding articles about what happens when you sell a scrip[t (or set of scripts), none of them have really gone into detail. I assume this is because these arrangements might differ person to person.
In any case, what I have come to understand is that if I were to make a pitch and take it to someone and they want to buy it, then in doing so I loose any and all ownership rights I ever had to anything located within the script, unless (correct me if I am wrong), I own some published material related to what was pitched.
My question however, is that if you do not have anything published, is it still possible to prevent yourself from loosing all your ownership rights as an author? I am starting to look into this again as more and more people who see my work keep urging me to do this rather than produce the material myself. However, i am not keen on the idea of taking a risk and letting someone take 14 years worth of work and change half of it for one reason or another and instead make something completely different than what was intended. Honestly, I would not do it to become a millionaire.
So, from your experience or knowledge, if any, does anyone know how one could manage this? Or is this literally only an option for someone who has a background in the industry? (Which is another thing I see often in articles discussing the issue.)