First-look deal

Okay kiddo, imagine you have a bunch of toys and you want to share them with your best friend. Your best friend is really excited about your toys and wants to have first pick every time you get new toys. That's what a first-look deal is like!

In Hollywood, when a movie studio has a first-look deal with a producer or writer, it means that they get the first chance to buy any movie or TV show ideas that the producer or writer comes up with. Just like your best friend gets first pick of your toys, the movie studio gets first pick of any new ideas!

This can be really helpful for both the producer or writer and the movie studio. The producer or writer gets a guarantee that they have a place to go with their ideas, and the movie studio gets early access to potentially successful projects.

But just like with sharing toys, sometimes the movie studio might not want the ideas. In that case, the producer or writer can take their ideas elsewhere and try to sell them to other studios.