Industry & Marketplace Disclaimer

This disclaimer is a product and legal-position statement, not a substitute for attorney-drafted legal documents. An entertainment and intellectual-property attorney should review the final documents.

1. Platform as venue only

GREENLIGHT is filmmaking software operated by FIZZYCO LLC ("FIZZYCO," "GREENLIGHT," "we," "us," or "our").

DISCOVER is a future industry-discovery environment. It is not yet a live marketplace for transactions. When it launches, GREENLIGHT will operate as a technology platform and venue through which creators may present projects and industry participants may express interest. Like the operator of a physical marketplace or an online venue such as eBay, GREENLIGHT provides the space and the tools. It is not a party to any contract, option, purchase, license, assignment, or other agreement formed between a creator and an industry participant.

Any agreement concerning a project, including any option, purchase, license, financing, production, or distribution arrangement, is strictly between the creator and the industry participant. GREENLIGHT is not responsible for the performance, payment, delivery, quality, legality, or enforceability of any transaction between third parties, and it has no obligation to mediate, enforce, or guarantee any such transaction.

GREENLIGHT does not take a commission from amounts paid to creators for their work.

GREENLIGHT recommends that creators consider appropriate copyright and intellectual-property protection and consult a qualified attorney regarding their specific circumstances before presenting or exposing their work to third parties.

2. No agency, broker, or fiduciary relationship

GREENLIGHT is not a law firm, literary agency, talent agency, entertainment attorney, manager, producer, financier, distributor, buyer, broker, dealer, escrow agent, or guarantor of production or sales.

GREENLIGHT does not act as any creator's or industry participant's agent, representative, attorney, manager, or fiduciary, and nothing on the platform creates such a relationship. GREENLIGHT has no authority to bind, commit, or make representations on behalf of any creator or industry participant, and no creator or participant has authority to bind GREENLIGHT.

Messages, introductions, expressions of interest, or other communications facilitated through GREENLIGHT do not create an agency, partnership, joint venture, employment, or fiduciary relationship between GREENLIGHT and any user, or between creators and industry participants themselves.

3. Industry participants, defined broadly

As used here, "industry participants" means studios, production companies, producers, distributors, writing agencies, independent film buyers, private film buyers, and other authorized entertainment-industry participants who may be given access to discovery features.

Industry participants act independently and in their own interests. Their views, statements, expressions of interest, offers, and decisions are their own and do not reflect the views of GREENLIGHT. Reference to a category of participant does not imply that any particular company or individual participates, or will participate, in DISCOVER.

4. No guarantee of outcomes

Discovery does not constitute an offer, sale, option, financing commitment, production commitment, or guarantee of commercial interest. A project being visible, viewed, or marked as interesting does not mean it will receive an offer or lead to any transaction.

GREENLIGHT expressly does not guarantee: an offer; a purchase; an option; financing; production; distribution; representation; employment; revenue; a specific sale price; a specific production budget; or a specific return to the creator. Creators may receive interest or offers, but outcomes vary by project and circumstance, and most projects will not result in a transaction.

5. No valuation or price-setting

GREENLIGHT does not set the price of a creator's script or project. GREENLIGHT does not appraise projects, does not determine what a project is worth, and does not guarantee that a creator's asking price will be met in whole or in part.

Any price, asking amount, or deal term is set by the creator, negotiated between the parties, and ultimately determined by the market and the parties' agreement. Creators should obtain independent professional advice before setting prices or accepting financial terms.

6. Verification limits

Industry participants may be subject to verification measures before being granted access to discovery features. Verification is a procedural access control, not an endorsement, credit check, background investigation, solvency guarantee, or representation about any participant's character, reliability, financial capacity, or intent to transact.

Listing, displaying, or describing an industry participant does not constitute an endorsement, recommendation, guarantee, or legal or financial determination by GREENLIGHT. Creators are solely responsible for performing their own diligence on any participant before sharing work, entering discussions, or pursuing a transaction.

GREENLIGHT does not guarantee that any particular industry participant will view, respond to, purchase, option, finance, produce, or distribute any project.

7. Offers and negotiations

If an industry participant expresses interest in a project or makes an offer, the creator is solely responsible for deciding whether to pursue it. The creator should obtain independent legal counsel before accepting, negotiating, countering, or signing anything.

GREENLIGHT does not provide legal recommendations about whether a creator should accept, reject, negotiate, counter, or sign an offer. GREENLIGHT does not negotiate on any creator's behalf, does not set legal terms for transactions between creators and industry participants, and does not advise on the fairness, completeness, or enforceability of any proposed terms.

Before entering into any option, purchase, license, assignment, production, distribution, financing, representation, or other agreement, creators should obtain independent legal advice from a qualified attorney regarding their specific circumstances.

8. Off-platform deals

If a creator and an industry participant negotiate or complete a transaction outside GREENLIGHT, that transaction is solely between those parties. GREENLIGHT is not a party to the agreement unless GREENLIGHT expressly becomes a contracting party in a future service.

The parties to an off-platform deal are solely responsible for their own agreements, negotiations, attorneys, representatives, taxes, payments, rights transfers, chain of title, releases, and other contractual obligations. GREENLIGHT has no visibility into, control over, or responsibility for off-platform dealings and cannot enforce, mediate, or guarantee them.

9. No escrow, payment handling, or closing services

GREENLIGHT does not hold funds, operate escrow, process payments for transactions between creators and industry participants, or provide securities, legal-closing, or rights-transfer services, unless such services are specifically implemented and legally structured in a future service and described in then-current terms.

Creators and industry participants are responsible for arranging their own payment methods, tax compliance, and closing mechanics through qualified professionals.

10. No professional recommendations

If GREENLIGHT provides directories, listings, or educational information about professionals such as lawyers, agents, managers, producers, distributors, investors, buyers, insurers, production companies, or other service providers, such listings are for informational purposes only. Listing or displaying a person or company does not constitute an endorsement, recommendation, guarantee, or legal or financial determination by GREENLIGHT.

Creators should independently evaluate and select their own professionals and perform their own diligence before engaging anyone.

11. Minors in industry transactions

GREENLIGHT does not knowingly enter into binding commercial arrangements with minors without appropriate parental or guardian involvement and satisfaction of applicable legal requirements.

Creators under the age of 18 should involve a parent or legal guardian before presenting work for industry discovery, discussing deals, or entering into any transaction, and any actual transaction involving a minor must satisfy applicable legal and parental-consent requirements. GREENLIGHT does not determine the legal requirements for transactions involving minors; the parties and their counsel are responsible for compliance.

12. Our role

We build the tools. You own the story.

GREENLIGHT exists to help creators develop their work and create a path for that work to be discovered. GREENLIGHT provides the tools, documentation, and platform records available to it. The creator makes the creative decisions, makes the business decisions, and remains responsible for the work.

We do not provide legal counsel. We do not set the value of your work. We do not guarantee a sale. We do not guarantee production. We do not guarantee financing. We do not guarantee representation.

Before entering into a deal, transferring rights, or beginning production, seek appropriate professional and legal advice.