Guarantee (filmmaking)

In filmmaking, a guarantee, or informally a "pay-or-play" contract, is a term in a contract of an actor, director, or other participant that guarantees remuneration if the participant is released from the contract without being responsible.

Studios are reluctant to agree to guarantees but accept them as part of the deal for signing major talent. They also have the advantage of enabling a studio to remove a participant under such a contract, with few legal complications.[1]

References
  1. Navigating The "Pay Or Play" Minefield Archived 2008-09-07 at the Wayback Machine, The Business Of Film October 1997.
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