A spec script, also known as a speculative screenplay, is a non-commissioned and unsolicited screenplay. It is usually written by a screenwriter who hopes to have the script optioned and eventually purchased by a producer, production company, or studio.
Spec scripts which have gone on to win Academy Awards include Thelma & Louise (sold by Callie Khouri to Metro-Goldwyn-Mayer for US$500,000 in 1990), Good Will Hunting (sold by Matt Damon and Ben Affleck to Miramax for US$675,000 in 1994), and American Beauty (sold by Alan Ball to DreamWorks Pictures for US$250,000 in 1998),[1] which all won the Academy Award for Best Original Screenplay.
A spec script reads differently from a shooting script or production script in that it focuses more on the storytelling itself, while focus on cinematography and other directing aspects should rarely, if ever, be used. Videographic and technical directions are often added in the later drafts. The sole purpose of a spec script, also called a selling script, is to showcase a screenwriter's talent of telling a story through action and dialogue.[2]
Spec scripts are often written by unknown screenwriters looking to prove their storytelling ability and make a name for themselves in the film industry.