Yes, we all have to write a first screenplay to get it out of the way. It is a gradual learning process and I learn something new about screenwriting every time I sit down to write.
Oh, yes, you might think that you sell a screenplay and that's the end but, no, you can be kept in limbo doing re-write after re-write. In my case, the producer who bought it, bought an 80 page screenplay, by the time I made all of the requested changes, it had ballooned up to 104 page before gradually coming back down to 98, 96, 92, 86 and, finally 82 pages! They told me to make all of these changes and then we whittled it all down until it was nearly identical to the original screenplay this process had made it much stronger.
To recall "Pretty Woman" again, remember that the screenplay was originally a dark, gritty drama about life on the street? TRUE STORY! Julia Roberts says that from the time she signed on to do "3000", as it was originally called (referring to the number of dollars it takes to hire her for a week), to the time the film was made, the only thing that did not change was her character's name.
So, something to consider, things to ask yourself before proceeding:
1)What kind of movie is this? What genre does it fall into? Mixed-genre films can be a tough sell because the distributor doesn't know how to market them.
2)What other movies is yours like? This is really important. Nobody wants anything original, they want movies that are like other movies that were big hits. If you are going to be pitching a movie, you want to be able to say "This is 'The Hangover' meets 'Pretty Woman'", referring to two big hits because, the bottom line is the bottom line -- how much the film will cost compared to how much it is likely to make, based on other similar films.
This is just something to consider because writing a screenplay is only part of the battle, getting someone to produce it and then someone else to distribute it are massive mountains to climb and the further and further you try to climb, the less and less control you have.
I sold a screenplay in January, got hired to re-write it, turned in my final re-write in July and now I am done, out of the picture, technically removed from the project. The producer can --and probably will -- hire another writer to work on my screenplay.
I remember seeing the film "Georgia Rule" a few years ago and thinking that, somewhere down the line, it had probably once been a pretty good screenplay but through the development process it was altered, watered down and ultimately diminished
So, my general rule of thumb is that, while it is important to have a really good screenplay, it is more important to have a marketable screenplay.
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