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Wednesday, September 28, 2022

How Marvel’s legal team is involved in film development

Marvel Studios’ creative process has been consistent for over a decade, but the entertainment giant has made several developments along the way. When Marvel Studios launched their Phase 1 films, they began by leasing their popular titles to various companies. Paramount Pictures handled the distribution of iron man And ThorWhile the banner of Universal Pictures was associated with incredible giant, Even after Disney came into the picture, Marvel evolved again in 2021, expanding its cinematic universe with serialized streaming shows.

With an operation this massive and many variables going on, Marvel Studios often seeks legal aid to develop their projects. Speaking on his Entertainment Law podcast better call paulFormer Marvel Studios attorney Paul Sarkar sheds some light on how the various teams in the MCU work behind the scenes.

“They’re not going to get involved legally at the junior level, unless there’s a contract that needs to be signed, or there’s some sort of problem. But at the strategic level, they’re going to get into business matters and legal very quickly. together with regards to things that are going to be affected, like whether we’re at a fork in the road, or whether we want to plan for the next few years, what characters are restricted, what characters we need to share Will happen?” Sarkar said. “Back in the day, would we have to share with Fox and Sony which characters are off-limits. So from those high level discussions, they’re going to talk to brand people, marketing people, and major business matters in legal and get direction. But then they’re going to go and do their job. I mean, strategically, I believe [Marvel President] kevin [Feige] Will talk to the Head of Business Affairs on a regular basis.”

Those contracts are the bread and butter of Marvel’s legal department. While the majority of such contracts are talent-related, the most widespread contract work legal deals revolve around blockbuster budgets.

“Say a few years from now, for example, we think we’re going to endgame‘We need to spend 200 million on talent alone for these films, and we want to shoot them in Atlanta, we want to shoot them back to back,’ Sarkar continued. Legally to be brought soon. And then they have to get budgetary approval so that’s when they want to do it and execute it, because it’s not just run-of-the-mill deal-making. You have a constellation of 20 stars who have all appeared in the Marvel Cinematic Universe, some of them the biggest, highest-paid actors in Hollywood. They have other schedules that they are doing. Some of them are in movies regularly, some of them haven’t been in our universe in two or three years. So in that scenario, you need lead time to do that job. But junior lawyers are not required to be involved. It’s more at a higher level.”

Even once production began, the government noted that many pieces were still running at a drop of a penny.

“On production, I would say that countless times you know a day or two before something has to happen,” Sarkar said. “For example, like testing for a role, whether that is, I don’t want to say Tom. Holland in particular, but many times when you’re bringing people to the test, the casting team and the creative team are basically waiting until the last minute to give us a list of people they’re going to deal with. want.

“And then boom, you get the terms of the deal, you try to do some business cases, you get reps, you get their quotes, you try to get the deals down on paper, you have the right Where you’re allowed to agree, the deal gets put together very quickly, then you have to paper it. But that whole process can only take three or four days or less, because until the decision is made There’s no need to contract until then, right? Want to do things like that are legally mentioned. If it’s just a matter of making a contract, sometimes you just find out at the last minute.”

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Reference from comicbook.com

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