Film/TV FAQ Which contract do I use If my project will be shown in theaters briefly for Academy consideration? If your project will be exhibited initially in theaters it is subject to the Theatrical Motion Picture agreement. This is the case even if the theatrical run is brief, i.e. for Academy consideration. Which contract should I use for my student film? If the production budget for your film is less than $2 million, please go to the AFM Independent/Festival Film Agreement.