optioning
Buying future rights
Optioning is securing or granting an option on something—typically the exclusive right to buy, sell, or use it within a set period.
The term appears most often in entertainment, where studios option books or scripts: The novel was optioned for film adaptation.
In sports, optioning a player means sending them to a minor league affiliate while retaining rights to recall them.
Film's written blueprint
- adaptationFitting to new conditions
- scriptWritten words for performance
- rightsJustified claims to freedoms
- film rightsLicense to adapt cinematically
development · producer · studio · attachment · greenlight · pre-production · pitch · spec script
Obvious; inventor's monopoly
- trademarkRegistered commercial identifier
- copyrightExclusive reproduction rights
- royaltyPayment for usage rights
- franchiseLicensed business operation
licensee · licensor · exclusive rights · non-exclusive · sublicense · renewal · permissions · usage rights
Negotiating mutually acceptable terms
- termsConditions of an agreement
- counterofferAlternative terms proposed back
- deal-makingNegotiating agreements between parties
- proposalFormal plan for consideration
compromise · concession · stipulation · haggling · settlement · agreement · tactics · strategy
screenplay
Film's written blueprint
- adaptationFitting to new conditions
- scriptWritten words for performance
- rightsJustified claims to freedoms
film rights · development · producer · studio · attachment · greenlight · pre-production · pitch · spec script · talent
patent
Obvious; inventor's monopoly
- trademarkRegistered commercial identifier
- copyrightExclusive reproduction rights
- royaltyPayment for usage rights
franchise · licensee · licensor · exclusive rights · non-exclusive · sublicense · renewal · permissions · usage rights · terms and conditions
bargaining
Negotiating mutually acceptable terms
- termsConditions of an agreement
- counterofferAlternative terms proposed back
- deal-makingNegotiating agreements between parties
proposal · compromise · concession · stipulation · haggling · settlement · agreement · tactics · strategy · leverage
- screenwritingscreenplay, screenplays, screenwriter, screenwriting, script
optioningpurchasing
Acquiring through payment
acquiring · buying · finalizing · executing · consummating
optioningselling
Trading for payment
offering · licensing · assigning · relinquishing · divesting
optioningpassing on
Transferring to someone else
declining · rejecting · walking away from · forgoing · releasing
option, options, optional, optionally, optioned, optionality, co-option, nonoptional