I'm not a lawyer, and this isn't legal advice, but I don't believe you're correct.
5.x covers the rights you are granting. They do not seem to be the actual rights to create a film/tv show/etc.
>5.1.1. Review. Your submission will be subject to review by us. You grant us the right to review and consider your Submission and, in connection therewith, share the Submission with our subcontractors engaged in review and, together with our subcontractors, annotate your Submission.
So, in this section, you basically grant them the right to review it within Amazon Studios and any relevant companies they work with to create media.
If you make a public submission, you grant a bit more rights (You do not have to make a public submission):
>5.2.2. Our Rights to Distribute Your Public Submission. You grant us a worldwide, royalty-free, non-terminable, sub-licensable, transferable right to copy, transfer, stream, make available for download, add captions and make other distribution-related modifications to your Public Submission as we desire to facilitate such distribution.
So, here, you make it possible for Amazon to make your submission available royalty-free, etc. This seems more likely to apply to concept video submissions.
As best I can tell, at no point does submitting the script or concept video to Amazon give them the right to produce a TV series, Movie, or anything similar based off of it. Presumably, if they were to decide to move forward, there would be a new agreement you have to sign.
The 'Similar Content' bit looks to be the standard 'You can't sue us if you submit something and we make something similar' boilerplate you find when submitting anything of this nature. Those of you that have pitched to VCs or Angels have likely seen something similar. It's basically protection for situations where companies might be working on something that could be viewed as similar. Without it, you could have patent troll type situations - someone could write a bunch of garbage scripts that cover a bunch of random ideas, and then when Amazon or someone else makes something that looks even kind of like one of your ideas, you could sue them.
Again, I'm not a lawyer, and this isn't legal advice.
5.x covers the rights you are granting. They do not seem to be the actual rights to create a film/tv show/etc.
>5.1.1. Review. Your submission will be subject to review by us. You grant us the right to review and consider your Submission and, in connection therewith, share the Submission with our subcontractors engaged in review and, together with our subcontractors, annotate your Submission.
So, in this section, you basically grant them the right to review it within Amazon Studios and any relevant companies they work with to create media.
If you make a public submission, you grant a bit more rights (You do not have to make a public submission):
>5.2.2. Our Rights to Distribute Your Public Submission. You grant us a worldwide, royalty-free, non-terminable, sub-licensable, transferable right to copy, transfer, stream, make available for download, add captions and make other distribution-related modifications to your Public Submission as we desire to facilitate such distribution.
So, here, you make it possible for Amazon to make your submission available royalty-free, etc. This seems more likely to apply to concept video submissions.
As best I can tell, at no point does submitting the script or concept video to Amazon give them the right to produce a TV series, Movie, or anything similar based off of it. Presumably, if they were to decide to move forward, there would be a new agreement you have to sign.
The 'Similar Content' bit looks to be the standard 'You can't sue us if you submit something and we make something similar' boilerplate you find when submitting anything of this nature. Those of you that have pitched to VCs or Angels have likely seen something similar. It's basically protection for situations where companies might be working on something that could be viewed as similar. Without it, you could have patent troll type situations - someone could write a bunch of garbage scripts that cover a bunch of random ideas, and then when Amazon or someone else makes something that looks even kind of like one of your ideas, you could sue them.
Again, I'm not a lawyer, and this isn't legal advice.