I have several of my films on a website called icewhole.com: Homepage. They have recently contacted me about my film Tentboy (see it in the user video section) saying they would like to have rights to screen it around the world and any commercial oppertunities that may arise from it in which I would be paid a percentage. If I signed I would need their permission to send it to festivals (permission for my own film!).
They would also want it removed from Youtube (which is a big problem). The film was never made as a money making oppertunity and I also never sign anything with out doing research.
I don't think I will be going ahead with this but I was wondering if anybody else had any experience with the said website or been in a simlar position with them?