In the context of a distribution agreement, deliverables are the materials that a distributor needs in order to release the film. It might include a negative from which to make prints for theatrical release, or it might be a color corrected video version for television broadcast or DVD release.
Deliverables also include publicity materials, such as photographs, biographical materials, and perhaps behind-the-scenes footage.
Whatever the form of your other deliverables, you will always need to deliver the legal documentation proving that you own all the elements of your picture.

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