I. BACKGROUND
The Film “King of Kings” (“Film”) was based on a screenplay written by Philip Yordan for Samuel Bronston Productions, Inc. (“Bronston”) as a “work made for hire.” In 1960, Bronston sought financing for the Film in exchange for which it would license distribution rights in the Film. On August 4, 1960, following months of negotiations conducted by sophisticated and expert parties, each represented by counsel, Bronston and Metro-Goldwyn-Mayer Inc. (“MGM”) entered into an agreement (“Basic Agreement”) for the production, financing and distribution of the Film.
I. BACKGROUNDThe Film “King of Kings” (“Film”) was based on a screenplay written by Philip Yordan for Samuel Bronston Productions, Inc. (“Bronston”) as a “work made for hire.” In 1960, Bronston sought financing for the Film in exchange for which it would license distribution rights in the Film. On August 4, 1960, following months of negotiations conducted by sophisticated and expert parties, each represented by counsel, Bronston and Metro-Goldwyn-Mayer Inc. (“MGM”) entered into an agreement (“Basic Agreement”) for the production, financing and distribution of the Film.
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