Peakime Adaptation & Option Rights Framework

1. Ordinary Publication Never Includes Adaptation Rights

Publishing a novel on Peakovels, a webtoon on Peakart, artwork on Peakbrush, a Panel on Peakit, or a generated image, video or character on CraftyPeak AI or PeakAI Studio — on its own — never grants PeakCraft the right to adapt that work into anime, film, television, a game or another production. The licence in the Creator & Publishing Agreement is limited to operating the platform: hosting, displaying, streaming and distributing your work as published. Adaptation rights are never bundled into that licence.

2. Right of First Negotiation, Not an Automatic Option

Where Peakime has a right of first negotiation for a work — because you agreed to one in a Featured Creator Programme Agreement, or because you are separately offering one — that right means Peakime gets the first opportunity to discuss and negotiate an adaptation deal before you offer the work to another studio or platform.

• It does not mean Peakime automatically owns or can acquire the adaptation rights.
• It does not mean Peakime can set the purchase price or royalty terms unilaterally.
• It does not mean you are required to accept whatever Peakime proposes.

3. How an Actual Adaptation Deal Gets Made

When Peakime and a creator agree to move forward with an adaptation — most often through FANOA, occasionally through direct PeakCraft production interest — the terms are documented in a separate, individually signed production or licensing agreement. That agreement, not this Framework, is the binding document for that specific production, and is expected to address at least the following.

• Rights being granted — precisely which rights are licensed (e.g. one animated adaptation), not an open-ended grant of "all adaptation rights in all media."
• Territory and duration — where the adaptation may be distributed and for how long, rather than a perpetual worldwide grant by default.
• Creator compensation — consistent with industry practice, the creator is expected to receive the majority share of the rights fee attributable to that specific deal, plus any revenue-participation terms the agreement sets out.
• Credit — how the original creator is credited in the resulting production.
• Approvals — what creative decisions, if any, require the creator’s sign-off during production.
• Ownership of newly created production materials — storyboards, character designs, animation cels and scripts made specifically for the adaptation, addressed explicitly rather than left ambiguous.

4. Merchandising and Ancillary Rights Stay With the Creator

Merchandising, video-game rights, tabletop or print-publishing rights, theme-park or experiential rights, and other ancillary rights beyond the specific adaptation being negotiated are reserved to the creator by default. PeakCraft does not acquire these merely by publishing a work, entering a Featured Creator Programme Agreement, or negotiating an adaptation deal — each ancillary category requires its own explicit licence if PeakCraft is to represent or exploit it.

Where PeakCraft’s involvement genuinely benefits from centralising ancillary rights — for example, coordinating merchandising for a successful FANOA production — PeakCraft may offer a separate merchandising representation agreement, disclosing its own royalty terms and duration and requiring its own explicit acceptance. It is never a default consequence of any other Peakime agreement.

5. FANOA Productions Specifically

Where an adaptation is being funded in whole or in part through FANOA, the FANOA policy’s revenue-sharing, fan-funding and free-to-watch provisions govern how the production is funded and distributed. This Framework governs the separate question of what rights PeakCraft and the creator are each granting and retaining in connection with that production. Both apply together; neither replaces the other.

6. No Obligation to Sell

Nothing in this Framework, the Creator & Publishing Agreement, or a Featured Creator Programme Agreement obligates a creator to ever accept an adaptation deal. A right of first negotiation is a right to talk first — not a right to compel a sale. If a creator and Peakime cannot agree on terms, the creator remains free to decline, subject only to any first-negotiation window that has not yet expired.