My experience with Planet Pictures has been a nightmare. Understand how their model works. They sell packages of your film or TV show to buyers for an agreed price. Planet then invoices the purchaser who pays them directly. Planet then takes out their commission and then writes their own check to pay you.
In the spring of Planet informed me they had run into "financial difficulty" and could not pay me a significant amount of money I was owed for the sales of my TV program.
They brokered a separate deal with a TV network in the UK in order to pay me, but that company has disappeared and not paid what I am owed. Despite repeated offers of a payment plan or settlement of their debt, Planet has refused to pay me the money they chose to keep from the sale of my program.
I have been forced to hire an attorney to try and recover my money. I am not the only producer who has been caught up in this problem with Planet Pictures.
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