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February 26, 2010
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Did You Know?    
 
 
The title of Option is a defined factor
When a creative entity, such as producer, artist, or studio, discovers a property and evaluates the rights status, they will, in most cases, attempt to negotiate an 'option' for the rights. An option is the right to acquire ownership of an intellectual property for a pre-determined amount of time. Size of the option payment often determines length of the agreement as well as how many forms of the rights will be included in the deal. While most option payments are subject to negotiation, script deals often work out to an even percentage of the purchase price.

 


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Latest news about Entertainment cases in New York and nationwide:

United States Files WTO Cases Against China
U.S. Trade Representative Susan C. Schwab announced today that the United States will make two requests tomorrow for World Trade Organization (WTO)...
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Governor Signs Law Assisting Entertainers With Health Benefits
Governor George E. Pataki today signed into law legislation that will create a new demonstration program to help people working in the entertainmen...
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Coleman Will Call Industry Roundtable To Address Crisis Facing Entertainment Industry
At the Consumer Electronics Show, PSI Chairman says future of entertainment industry will be led by the private sector

Minnesota United St...
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Entertainment Lawyers.com Terms

 


Today's Terms

Talent Agency

Definition:
Group engaged in the employment and payment of actors, voice performers, and musicians etc. used in advertising.

Agent

Definition:
A representative of talent, petitioning, on their behalf, for work within the filmmaking community. Agents, by law, have the right to both solicit employment and negotiate terms for the artists they represent. Not to be confused with Manager.

Usage Limitations

Definition:
Restrictions on the placement of a commercial (e.g., PSA use only).

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Entertainment Law Hot Topics

 
Topics Related to Entertainment Law:

  • Trademark Violations
  • Copywriting Infringement
  • Film Finance Negotiations
  • Intellectual Property Theft
  • Plagiarism

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