Initial Release in Another Medium Sample Clauses

Initial Release in Another Medium. If at any time during the Production Term theatrical distribution is replaced by another medium as the generally accepted initial release platform for first class feature length motion pictures by Major Studios, then SPE shall have the right to produce motion pictures intended for initial release by such other medium, subject to an adjustment of the release rights and obligations hereunder to be agreed upon by the parties pursuant to good faith negotiations in order to effectuate a level of release comparable to that contemplated under this Agreement. If the parties are unable to agree, the adjustment of the release rights and obligations shall be determined by arbitration under the procedures set forth in Section 24.b below.