# PFD Agreement #### A production/finance/distribution agreement, most commonly referred to as a “PFD agreement,” is when a distribution company (studio, VOD company, streaming platform, etc) hires a production company to produce a film, and the distribution company agrees to directly finance production of, and to distribute, the film. Under these agreements, the production company is little more than a dependent agent of the distribution company and is subject to the complete control of the distribution company on all aspects of production. The grant of distribution rights to the distribution company is always of all rights **in** **perpetuity** throughout the world, making the distribution company the complete and absolute owner of the film. The production company often retains a theoretical interest in net profits, if any, generated by the film, and often not even that. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.cinelaunch.io/agreement-types/pfd-agreement.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.