The Rights buyer will release the payment only after the movie's release. In case of any change in the tenure due to a delay in the movie's release date, BetterInvest will collect interest for the delayed period and share it amongst the investors. For example, if the tenure as per the agreement is 90 days but the movie release is delayed further by 30 days due to unforeseen reasons, then the interest will be collected for the entire 120 days. The interest-yielding tenure becomes 120 days.
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article