Everything You Always Wanted to Know
Hosted by Lane Shefter Bishop, Emmy-Award Winner

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Lane Shefter Bishop

Webinar hosted by: Lane Shefter Bishop, Emmy-Award Winner

CEO at Vast Entertainment

About Your Host, Lane Shefter Bishop: Lane Shefter Bishop is a multi-award winning producer/director who has received numerous accolades for her work including an Emmy, six Telly Awards, a Videographer Award, three Communicator Awards, a Sherril C. Corwin Award, an Aurora Award, a Davey Award, a New York Festivals Award and the DGA Fellowship Award for Episodic Television. Currently, Ms. Bishop is CEO of Vast Entertainment, a book-to-screen company with numerous projects in various stages of development, including feature films: Reboot (Peter Chernin/Chernin Ent) for Fox 2000, Bloody Mary;Origins (Neal Moritz/Original Films), Accused (Mike Medavoy/Phoenix Pictures), The Fallen (Film Engine), The Last Apple (Ineffable Pictures), Hemlock (Ivan Reitman/Montecito Picture Co.), and The Duff (McG/Wonderland – currently in prod) for CBS Films; MOWs: Operation Married By Christmas [with LeAnn Rimes] for ABC Family, and The Choking Game for Lifetime, which Ms. Bishop also directed, and Television Series: Confessions Of A Sociopath (Scott Stuber Productions) and Dive (Doug Zwick/Red Wagon). Additionally, Ms. Bishop co-produced the feature film Assassination Games for MPCA. Ms. Bishop is also the former EVP of Motion Pictures and Television at TwinStar Entertainment. In addition to her scripted fare, Ms. Bishop also has extensive experience in reality television. Vast is currently partnered on all non-scripted programming with Bishop-Lyons Entertainment, which has a first-look deal with ITV Studios. To date, Ms. Bishop has directed more than two-dozen sizzle reels as well as pilots for BLE, including Visionaries (partnered with Left/Right) for AMC, Barbadoro Compound (ITV/MTV) and Reinvention (Fox TV Studios) – which are going to series. Moreover, Ms. Bishop just finished shooting a pilot episode of the new show Gears. Ms. Bishop is also a three-time speaker at the WGA as well as at numerous writers conferences around the country and is authoring the book Loglines, The Art Of Selling Your Book In A Single Sentence, which will be published in 2015. Ms. Bishop began her work in the industry at Moxie Productions, where she produced and directed projects for such networks as ABC, Showtime, HBO and MTV. She has directed numerous television shows and five feature-length motion pictures, including The Day Laborers (aka Los Jornaleros), which received Official Selection in Edward James Olmos' LA Latino Int’l Film Festival , Cine Accion (San Fran), OutFest (Hollywood), Reel Affirmations (Wash DC), NewFest (NY) as well as the Milan International Film Festival (Italy). The film was distributed through HBO and Blockbuster. Ms. Bishop holds a B.A. in Literature from UC Santa Barbara and an M.F.A. in Production from USC's School of Cinema/Television. She is a director-member of the Directors Guild of America and the Academy of Television Arts and Sciences. Full Bio »

Learn directly from Lane Shefter Bishop, an Emmy-Award winning Producer!

The good news - your work has caught the eye of a producer, a director, a manager or an agent. The great news – they want to option it. Now, what exactly does that mean? Or, what if you’ve found the perfect material you want to develop – how do you go about optioning it? Stage 32 Next Level Webinars is thrilled to bring you Option Agreements: Everything You Always Wanted To Know, hosted by EMMY award winner Lane Shefter Bishop.

This on-demand webinar will provide essential practical knowledge on the ins and outs of option agreements as Lane breaks them down step-by-step and section-by-section. This is vital for authors and screenwriters who currently have or expect to have their own material optioned and want to know what monies they can expect to make, when, and how. But it is also highly beneficial for producers, directors, and talent looking to acquire their own underlying material for development- books, short stories, graphic novels, articles, etc.

Over the last few years, Lane Shefter Bishop with Vast Entertainment has set up more than two-dozen book properties – many of them only book proposals and early partials – with studios, networks and production companies throughout the entertainment industry. Underlying intellectual property is like gold these days. Great projects ‘based on’ or ‘inspired by’ literary material are constantly in demand. And by being in the center of this ‘content is king’ world, only Lane can give you the valuable insights towards making your story more sellable to the industry marketplace.


What You'll Learn:

Just Some of What You Will Learn:

  • Understanding Book, Film, and TV Rights
    • What are “performance” rights? Who typically holds those rights? How do you get those rights back or have them revert after a project goes south?
  • What Is An Option Agreement?
    • How do you know how much time is needed for a TV or film property to be set up and what is that time actually worth?
  • How You Know If You Need An Option Or Just A Shopping Agreement
    • There’s a very big difference between an Option and a Shopping agreement – so how do you know what’s right for you and your material? When is one the right choice over another? When is an Option “Assigned” and what happens once that occurs?
  • When Can You Extend An Option?
    • Handling the all-important question of how long to stick with it and when to cut bait? Should this be part of the Option Agreement?
  • The Importance Of “Exercising” The Option
    • Who makes this vital decision and what happens once an Option has been exercised.
  • The “Creative Control” Issue
    • Learning about who really has the control and why. Understanding “meaningful consultation”.
  • How Much Money Can Be Made From A Typical Option?
    • The number one question asked by rights holders…
  • What About The “Dollar” Option- Is It Viable?
    • When is an Agreement considered legal and binding?
  • In What Ways Are Monies Paid Out In Options?
    • Knowing what to expect when – option money, purchase price money, contingent compensation, episode royalties, etc.
  • What Exactly Is Included In And Covered By A Typical Option
    • We’ll be going through an Option Agreement, dissecting it section-by-section, bit-by-bit throughout this webinar.
  • What’s A Purchase Price And How Much Can Be Expected?
    • The difference between an Option Fee and a Purchase Price and the potential numbers, depending upon who is paying.
  • What’s Contingent Compensation And How Much Can Be Expected
    • Negotiating “backend”…
  • What Are Passive Royalties?
    • Understanding prequels, sequels and remakes and what percentage of your previous fees can be expected.
  • What Are Episode Royalties And How Much Can Be Expected?
    • Network versus non-network and primetime versus non-primetime.
  • New Media Rights In Today’s Option Agreements
    • Dealing with the digital world, websites and tie-ins - what can you expect…
  • What Are Reserved Rights And Why Are They Held Back
    • Navigating the “grey” areas of non-dramatic readings, radio, stage, etc.
  • Handling The Publishers Release, Notarized Addendums And Author Assignments
    • Exploring the final paperwork needed to close a deal, aside from just signing the Option Agreement.

About Your Instructor:

About Your Host, Lane Shefter Bishop:

Lane Shefter Bishop is a multi-award winning producer/director who has received numerous accolades for her work including an Emmy, six Telly Awards, a Videographer Award, three Communicator Awards, a Sherril C. Corwin Award, an Aurora Award, a Davey Award, a New York Festivals Award and the DGA Fellowship Award for Episodic Television.

Currently, Ms. Bishop is CEO of Vast Entertainment, a book-to-screen company with numerous projects in various stages of development, including feature films: Reboot (Peter Chernin/Chernin Ent) for Fox 2000, Bloody Mary;Origins (Neal Moritz/Original Films), Accused (Mike Medavoy/Phoenix Pictures), The Fallen (Film Engine), The Last Apple (Ineffable Pictures), Hemlock (Ivan Reitman/Montecito Picture Co.), and The Duff (McG/Wonderland – currently in prod) for CBS Films; MOWs: Operation Married By Christmas [with LeAnn Rimes] for ABC Family, and The Choking Game for Lifetime, which Ms. Bishop also directed, and Television Series: Confessions Of A Sociopath (Scott Stuber Productions) and Dive (Doug Zwick/Red Wagon). Additionally, Ms. Bishop co-produced the feature film Assassination Games for MPCA. Ms. Bishop is also the former EVP of Motion Pictures and Television at TwinStar Entertainment.

In addition to her scripted fare, Ms. Bishop also has extensive experience in reality television. Vast is currently partnered on all non-scripted programming with Bishop-Lyons Entertainment, which has a first-look deal with ITV Studios. To date, Ms. Bishop has directed more than two-dozen sizzle reels as well as pilots for BLE, including Visionaries (partnered with Left/Right) for AMC, Barbadoro Compound (ITV/MTV) and Reinvention (Fox TV Studios) – which are going to series. Moreover, Ms. Bishop just finished shooting a pilot episode of the new show Gears.

Ms. Bishop is also a three-time speaker at the WGA as well as at numerous writers conferences around the country and is authoring the book Loglines, The Art Of Selling Your Book In A Single Sentence, which will be published in 2015.

Ms. Bishop began her work in the industry at Moxie Productions, where she produced and directed projects for such networks as ABC, Showtime, HBO and MTV. She has directed numerous television shows and five feature-length motion pictures, including The Day Laborers (aka Los Jornaleros), which received Official Selection in Edward James Olmos' LA Latino Int’l Film Festival , Cine Accion (San Fran), OutFest (Hollywood), Reel Affirmations (Wash DC), NewFest (NY) as well as the Milan International Film Festival (Italy). The film was distributed through HBO and Blockbuster.

Ms. Bishop holds a B.A. in Literature from UC Santa Barbara and an M.F.A. in Production from USC's School of Cinema/Television. She is a director-member of the Directors Guild of America and the Academy of Television Arts and Sciences.


Frequently Asked Questions:

Q: What is the format of a webinar? 
A: Stage 32 Next Level Webinars are typically 90-minute broadcasts that take place online using a designated software program from Stage 32.

Q: Do I have to be located in a specific location?
A: No, you can participate from the comfort of your own home using your personal computer! If you attend a live online webinar, you will be able to communicate directly with your instructor during the webinar.

Q: What are the system requirements?
A: You will need to meet the following system requirements in order to run the webinar software: Windows 7 or later Mac OS X 10.9 (Mavericks) or later.
If you have Windows XP, Windows Vista and Mac OS X 10.8 (Mountain Lion): The webinar software does not support these operating systems. If you are running one of those operating systems, please upgrade now in order to be able to view a live webinar. Upgrade your Windows computer / Upgrade your Mac computer 

Q: What if I cannot attend the live webinar?
A: If you attend a live online webinar, you will be able to communicate directly with your instructor during the webinar. If you cannot attend a live webinar and purchase an On-Demand webinar, you will have access to the entire recorded broadcast, including the Q&A. 

Q: Will I have access to the webinar afterward to rewatch?
A: Yes! After the purchase of a live or On-Demand webinar, you will have on-demand access to the audio recording, which you can view as many times as you'd like for a whole year! 


Testimonials:

Testimonials About Lane’s Previous Stage 32 Next Level Webinar:

“She was thorough. Great webinar!” - Marni Troop

“Lane was so focused. She was totally prepared.” - Karisa Wiseman Ewinger

“Content: Outstanding!” - Doug McLeod

“Loved it. Very informative.” - GR Case

“Very impressed with Ms. Bishop, both her formal presentation and the Q & A that followed.” - Steve Weintz

“The seminar was informative, insightful, well documented, entertaining, well thought out and delivered with a touch of humor. Wonderful!” - Katharine Carter

Questions?

If you have a generic question about Stage 32 education you can take a look at our frequently asked questions section on our help page, or feel free to contact support with any other inquiries you might have.
 

Reviews Average Rating: 4.5 out of 5

  • THANKS.
  • It was "OK". But what can you expect on such a limited subject. It would have helped if we were provided a real "option" agreement and she went through it with us step by step. that would have kicked ass.
  • She was very informative. Her explanation of each topic was thorough and understandable. Great presentation. Very pleasant demeanor.
  • Very, very enjoyable and informative! I would highly recommend.
  • Densely packed with need-to-know information.
  • Really great. Thorough, clear, informative. Used what I learned right away.

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Loglines: Sell Your Story In A Single Sentence

“What’s your story about?” Having a perfect logline ready to answer that question can help give you the best chance of seizing the opportunity when you are asked. Your logline is your most important asset. It's invaluable for keeping you focused on what makes your story unique and for always making sure that you nail the first impression when someone asks you about your work. Having the perfect elevator pitch ready to go can make or break you when the opportunity presents itself. But, why do so many creatives struggle with coming up with that one-sentence? How do you get better at honing your logline? Stage 32 is here to help you. We have brought in Emmy-award winning producer Lane Shefter Bishop who has sold 30 PROPERTIES in the last 5 years - all from pitching just a logline. Plus, she is the author of the book Sell your Story in a Single Sentence; Advice from the Front Lines of Hollywood Touted as “The Logline Whisperer” Lane Shefter Bishop has the specific tools you need to help you know how to sell what you write! In this Stage 32 Next Level Webinar, Lane will give you insider information on how you can best position your project to sell your work to agents, editors, publishers and producers. Lane has successfully sold projects to various networks and studios, including NBC/Universal, ABC/Disney, CBS, Lifetime, Sony and 20th Century Fox.   All of these projects have one thing in common – they began with a single sentence, a top-notch logline. After all, you can have the best material in the world but, if you get on the phone or in a room, you need to know how to sell it with your logline!  

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