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In the film industry, an option agreement is a contract that "rents" the rights to a source material to a potential film producer. [1] It grants the film producer the exclusive option to purchase rights to the source material if they live up to the terms of the contract and make a film (or series) from it. This is known as optioning the source ...
In US law, these rights belong to the holder of the copyright, who may sell (or "option") them to someone in the film industry—usually a producer or director, or sometimes a specialist broker of such properties—who will then try to gather industry professionals and secure the financial backing necessary to convert the property into a film ...
[1] [2] With the stated purpose to promote art and culture, copyright law assigns a set of exclusive rights to authors: to make and sell copies of their works, to create derivative works, and to perform or display their works publicly. These exclusive rights are subject to a time and generally expire 70 years after the author's death or 95 ...
The Duke and Duchess of Sussex are planning to make a Netflix adaptation of the book ‘Meet Me at the Lake’ by Carley Fortune, according to reports Harry and Meghan ‘buy film rights’ to ...
Entertainment law covers an area of law that involves media of all different types (e.g. TV, film, music, publishing, advertising, Internet & news media, etc.) and stretches over various legal fields, which include corporate, finance, intellectual property, publicity and privacy, and the First Amendment to the United States Constitution in the US.
The closing movie of this year’s Tokyo International Film Festival, Hashimoto Hajime’s “Hokusai” is a biopic of the eponymous artist, whose most famous picture “The Great Wave Off ...
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The first-sale doctrine (also sometimes referred to as the "right of first sale" or the "first sale rule") is a legal concept that limits the rights of an intellectual property owner to control resale of products embodying its intellectual property. The doctrine enables the distribution chain of copyrighted products, library lending, giving ...