State of M&A Data Rooms — Q3 2026 Read the report →
Built for producers, studios and production companies

The data room for scripts, screeners and film financing

Share scripts, treatments, budgets and screeners with cast, crew, financiers and distributors. Each viewer's name is watermarked across every page and over the picture, an NDA sits in front of the room, and you see exactly who opened what. When a draft changes or a deal ends, you update or revoke the link.

No credit card · 7-day Data Room trial that never auto-charges · cast, crew and financiers view free, no account · 24/7 support

A Peony data room showing folders and key files

8,000+ customers in 60+ countries · $44.7B in client assets

Peony staff can't open your documents, your documents aren't used to train AI, and Peony has had no data breach since launch.

What is Peony for film and TV, and who is it for?

Peony is a virtual data room that producers, studios and production companies use to circulate scripts and screeners under watermark, raise film financing, and close distribution and co-production deals.

  • Protect the script: send each reader a view-only copy with their identity across every page, and replace a draft without changing the link.
  • Raise the financing: give each financier its own NDA-gated view of the budget, finance plan and chain of title, and see which pages each one studies.
  • Screen the cut: stream screeners in the browser with the viewer's watermark over the picture and downloads off.

Peony at a glance

Built for
Independent producers, production companies, studios, sales agents, financiers and entertainment lawyers, from development to delivery
Typical plan
Data Room, $52 per admin per month billed yearly ($75 monthly): unlimited rooms, documents and storage, a signed NDA with audit record, dynamic watermarks, granular folder and file permissions, Visitor Q&A, a custom domain, AI room generation and Index documents.
Pricing
Business $30, Data Room $52 and Deal Team $64 (minimum 4 admins) per admin per month billed yearly ($44, $75 and $89 monthly); Enterprise is custom. Free ($0) covers 50 documents and 500 MB as tracked single-file links; data rooms start on Business.
Cast, crew and financiers
Cast, crew and financiers are unlimited and free on every plan and don't need a Peony account. You pay per admin, not per viewer.
Rooms and storage
Unlimited data rooms, documents and storage on Data Room and above, and no per-file size cap on any plan. Business includes 3 data rooms per admin, 1,000 documents per admin and 100 GB of storage, with no per-file size cap.
Video
No upload size limit on any plan. MP4 and MOV screeners stream in the browser, with the viewer's watermark over the picture on Data Room.
Library and company sales
Selling a library, a catalog or the company? See media and entertainment data rooms.
Signatures
Built-in e-signatures with a timestamp, IP address and audit log on every signature. Signers need no account.
Security
AES-256 at rest, TLS 1.2+ in transit. Peony staff can't open your documents, your documents aren't used to train AI, and Peony has had no data breach since launch. Peony's incident-response policy commits to telling affected customers within 72 hours of confirming an incident that affects customer data. SOC 2 Type II-ready and ISO 27001-ready, with both audits underway. Compliance and certifications
Setup
Median 4 min 19 s from sign-up to first uploaded document (State of M&A Data Rooms, Q3 2026 edition).
Trial
7-day Data Room trial you start yourself: no credit card, and it never auto-charges. Rooms, files, links, analytics and NDA settings carry over when you upgrade. AI features switch on after you upgrade.
Support
24/7 support, handled directly by the Peony team across Europe, US and Asia hours, with no outsourced tier. Everyone you speak to on Peony support has M&A experience at elite boutiques or bulge-bracket banks, VC experience, or has raised $1M+ themselves.
Customers
8,000+ teams in 60+ countries, with $44.7B in client assets.

Why do film and TV productions need a data room?

A production shares its most sensitive material, the script and the cut, with hundreds of freelancers and outside parties before anyone has seen the finished film.

Scripts leak before the cameras roll

A script goes to dozens of actors, agents, department heads and financiers. One forwarded PDF can put a plot, an ending or an unannounced project online.

Financing needs a diligence file

Equity investors, lenders, tax-credit financiers and completion guarantors each ask for the budget, finance plan, chain of title and key agreements. Sending them piecemeal by email slows the close.

Screeners are the film itself

A rough cut or festival screener sent as a download link can be copied in seconds. You need to know who watched it, and to trace a copy if it gets out.

Drafts multiply

Scripts, schedules and budgets change every week. Without one current version, cast and crew work from different drafts and old ones keep circulating.

What do producers and studios use Peony for?

Six jobs, from the first draft to the sale of the finished film.

Send a script to cast and crew

Give each actor, agent and department head a view-only link with their name across every page, limit it to their email, and expire it when the role is cast.

See dynamic watermarks

Raise film financing

Give each equity investor, lender or sales agent its own NDA-gated view of the budget, finance plan and chain of title, and see who read what.

See fundraising data rooms

Share screeners and rough cuts

Stream the cut in the browser with the viewer's watermark over the picture and downloads off, and see who opened each video.

See video data rooms

Keep everyone on the current draft

Upload a new version of the script, schedule or budget in place. The link stays the same, and every earlier draft is kept.

See update links

Close distribution and co-production deals

Send option agreements, deal memos and distribution contracts for e-signature. Each party signs in the browser, and the signed PDF stays with its audit log.

See e-signatures

Sell a library or catalog

Run title-by-title diligence on chain of title, licenses, residuals and music clearances, with a separate view for each bidder.

Read the catalog sale guide

What goes in a film financing data room?

A film financing data room holds what an investor, lender or completion guarantor needs to confirm that the project is owned, budgeted and insurable. The table lists the usual folders, what each holds and who asks for it. Chain of title, the set of documents proving the producer controls the underlying rights, is usually the first thing financiers and distributors ask for. For screeners, see secure video data rooms.

FolderWhat it holdsWho asks for it
Chain of titleOption and purchase agreements, writer agreements, copyright registrations and a title reportFinanciers, distributors and E&O insurers
Script and creativeCurrent script, treatment, lookbook and director's statementCast, financiers and sales agents
Budget and scheduleTop sheet, detailed budget, shooting schedule and cash flowFinanciers and the completion guarantor
Finance planSources of funds, tax-credit estimates, pre-sales and gap financingEquity investors and lenders
Attachments and key agreementsCast and director deal memos, sales agency and distribution agreementsFinanciers and lenders
Company and legalProduction company documents, insurance and the collection account agreementLenders and investors' counsel

Which Peony plan does a production need?

Most productions need Data Room for per-viewer watermarks on scripts and screeners, signed NDAs and per-financier permissions. Business covers view-only sharing, video uploads and e-signatures for a small team. Viewers are always free, so a cast and crew of hundreds doesn't change the bill. See all pricing.

ControlStarts on
Allow list, email verification and download preventionBusiness, $30/admin/month
Screenshot protectionBusiness, $30/admin/month
Video upload and video analyticsBusiness, $30/admin/month
Unlimited e-signaturesBusiness, $30/admin/month
Dynamic watermarks on pages and videoData Room, $52/admin/month
Signed NDA with a PDF for both partiesData Room, $52/admin/month
Per-financier permissions and unlimited storageData Room, $52/admin/month
SAML SSO and anomaly alertsEnterprise, custom

Frequently asked questions

What is Peony, and is it a good fit for film and TV productions?

Yes. Peony is a virtual data room that film and TV producers and studios use to share watermarked scripts, give each financier its own access and see who opened each file. Data Room, the most popular plan, is $52 per admin per month billed yearly ($75 monthly), with unlimited rooms and storage; inviting cast, crew and financiers is free and unlimited.

How do we share a script with 60 actors and agents without it leaking?

Send each person a view-only link instead of a PDF. On Data Room ($52/admin/month) Peony watermarks every page with the viewer's name and email, so a photographed or forwarded page identifies its source. Limit each link to the recipient's email, turn off downloads and add screenshot protection, all on Business ($30/admin/month). When casting closes, expire or revoke the links. Viewers are free, so 60 readers cost nothing extra.

Is Peony a script watermarking tool?

Yes, and it does more than stamp a PDF. Peony applies a dynamic watermark with each viewer's identity when the script is opened, so you upload one file instead of exporting a marked copy for every reader. You also get an allow list, an NDA gate, page-by-page analytics and the ability to replace a draft without changing the link. Dynamic watermarks are on Data Room ($52/admin/month).

What do film investors and lenders expect to see in a data room?

They expect chain of title, the current script, the budget and schedule, a finance plan showing each source of funds, cast and director attachments, sales estimates or distribution agreements, and the production company's documents. In Peony each financier gets its own NDA-gated view, and page analytics show who studied the finance plan and who only opened the lookbook.

What is chain of title, and why do financiers ask for it first?

Chain of title is the set of documents proving that the producer owns or controls the rights to make and exploit the film: option and purchase agreements, writer agreements, copyright registrations and assignments. Financiers, distributors and errors and omissions insurers need it before they commit, because a gap in ownership can stop a release. Keep it in its own folder so it can be shared on day one.

Can we send a rough cut or festival screener through Peony?

Yes. Upload the file as MP4 or MOV, and there's no upload size limit on any plan. The screener streams in the browser with the player's download control removed, and on Data Room ($52/admin/month) the viewer's name sits over the picture while it plays. Analytics show who opened each video. Video uploads start on Business ($30/admin/month).

The script changes every week. How do we keep everyone on the current draft?

Use Upload new version. It replaces the file in place, so everyone's existing link opens the new draft and every earlier draft is kept in the version menu. You don't resend links or chase old PDFs, and page analytics show who has opened the new draft.

Do cast, crew or financiers need a Peony account or a paid seat?

No. Viewers open a link in the browser and are always free, with no account. Peony charges per admin, meaning the people who upload files and manage access. A production with 3 admins on Data Room pays $156 a month billed yearly, however many actors, crew and financiers view the material.

We're selling a film library, not financing a film. Is this the right setup?

A library or catalog sale is a title-by-title diligence process: chain of title, licenses, residuals and music clearances for every title, shared with several bidders. Peony runs that too, and Deal Team ($64/admin/month, 4-admin minimum) adds Advanced Q&A and Advanced Redaction for a competitive sale. See Peony's media and entertainment data room page and the film and TV catalog sale guide.

Can we sign deal memos and NDAs in Peony?

Yes. Send cast deal memos, crew NDAs, option agreements and distribution contracts for e-signature. Each party signs in the browser without an account, and every signature carries a timestamp and IP address. For a standard NDA that every reader must sign, add it as a gate in front of the room. E-signatures are unlimited from Business ($30/admin/month), and the signed NDA gate is on Data Room.

Can I try Peony before I pay?

Yes. Peony's Data Room plan has a 7-day free trial you start yourself, with no credit card, and it never converts to paid on its own. Rooms, files, links, analytics and NDA settings carry over when you upgrade. AI features, such as AI document Q&A and AI room generation, switch on once you're on a paid plan.

Set up your production's room with us

Tell us what you're casting, financing or screening, and we'll show you the setup.

No credit card · 7-day Data Room trial that never auto-charges · cast, crew and financiers view free, no account · 24/7 support