“Unlocking the Secrets: Why Hollywood’s Doors Remain Closed to Aspiring Screenwriters”
Studio and production company development didn’t have any scripts so the demand for original material was high. Agents took advantage of that by driving the prices for spec scripts up via instigating bidding wars. Agents would dictate that their clients high concept scripts would only be available for a short period of time, with the buying rights going to the highest bidder.
This trend led to a screenwriting boom that went through the 1990s and into the 2000s until the next major writing strike (and accompanying economic collapse) of 2007/2008.
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