Got an idea, Sir ji?
With everyone hooked to OTT platforms, a Bengaluru-based start-up is on the hunt for great story ideas.
Writing is
not easy. And writing an entire novel or screenplay for a movie or a show? A
whole different ball game. But what do you do with all those amazing story
ideas that come to you in the shower or while you're stuck in traffic or even
the long-cherished ones? Do you just toss them aside because you don't have the
means, time or skill to pen them down? Bengaluru's Jaishankar Krishnamurthy is
here to help with his start-up ' Script a Hit
'.
For the last
30 years, he had been trying to write a book in a balancing act with his job in
finance. Finally, with perseverance and the support of his wife Krishna
Udayasankar, a well-published author of nine books, including the top-selling
series The Aryavarta Chronicles, he managed to write two! Both are co-authored,
one by his wife and the other by another author he met through his wife, and
both works are to hit the stands soon.
"It hit
me that I at least had contacts and even if wanted to get the book written by
somebody, I had the resources. A lot of people don't have that," says the
53-year-old former finance professional. For such people, who are at sea, is
Script a Hit? The company was incorporated in October 2020 and its website went
live in April this year.
Udayasankar,
also the company's co-founder, adds, "What we're hoping to get at are
those unique stories that would make people sit up and take notice."
So, how does
it work? The Script a Hit website(https://scriptahit.com/) offers two options to
the visitors a free and a paid submission for their ideas in three languages currently
English, Hindi and Tamil. While the paid submission 11,000 per submission would
be reviewed and responded to within six weeks, the free one would take anywhere
between three and six months. Any idea that is chosen will be converted into a
manuscript by a team of freelance Professional
writer,
at a cost of 1500,000 to 1700,000 each, which will be borne by the start-up.
"The ultimate goal iS to be able to sell it to the OTT platforms because
that's where the money is," says Krishnamurthy. The profits generated,
from sale or royalty, will be split between the ideator and the start-up.
The start-up
is funded by four partners. Besides the couple, there is Yogi Kara and Neha
Lamba Grover who has worked in the entertainment industry and is in touch with
major OTT content producers. In total, they have invested 74 million and, when
needed, are willing to put in an additional 76 million. No outside funding has
been raised as yet.
Script a Hit
has already received close to 100 submissions within just two months of going
live. The submissions have been varied
coming from
various cities, in different languages and across genres. But, Krishnamurthy
and Udayasankar are in no hurry. "The first two to three books would set
the tone for us, so it is important that we don't rush and choose whatever
comes our way," says Krishnamurthy.
Udayasankar,
who is also a lawyer, clears the air about any legal issues that might crop up
in the later stages of getting a manuscript published or developed into a show.
"The ideators would be named authors. At no point are they selling the
idea to us. We are providing a service to them and won't claim co-authorship or
any hold over the content," she says.
As of now,
the founders are concerned about receiving too many ideas too soon. It is just
the couple sifting through the submissions currently but they plan to rope in
authors and agents as advisors later. Revenue would take a while to come in,
too, since writing and selling a book or a script is a long-drawn process, and
that's what they're focusing on in the first year.
What are
their goals for the immediate future? "Within the next one year, we aim to
get around 2,000 ideas, of which, we sign at least 10 agreements with
authors," says Krishnamurthy. They're also looking to scale up in
different regional languages over the
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