What happens when a project is in Turnaround?

A lot of times, a project in development will not make it into the production process. When this happens, the project is abandoned by the studio and placed into turnaround. This gives the opportunity for the producer to shop the project to other studios or film companies who might show more interest in producing it. Although it may seem like the original studio is “giving up” the rights to the project, if the elements of the project change – for example, a new lead actor gets attached, or a new director is attached – the original studio has the right to reclaim the property and produce it.

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