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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 ...
Note that it may still be copyrighted in jurisdictions that do not apply the rule of the shorter term for US works (depending on the date of the author's death), such as Canada (50 p.m.a.), Mainland China (50 p.m.a., not Hong Kong or Macao), Germany (70 p.m.a.), Mexico (100 p.m.a.), Switzerland (70 p.m.a.), and other countries with individual treaties.
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 ...
Disney owned the rights to adapt all of Baum's books except The Wizard of Oz, but this did not matter because by 1985 both The Marvelous Land of Oz and Ozma of Oz were in the public domain. The only element that Return to Oz used from the 1939 film was the ruby slippers – in the book, there were silver shoes. The ruby slippers had become so ...
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 ...
United States v. Elcom Ltd. – Moscow-based Elcom had developed software that was able to remove protections on an Adobe Acrobat PDF file, such as those used in ebook distribution. Adobe requested the U.S. Department of Justice take action against the company for violating the DMCA.
Lionsgate has emerged the winner of a filmed rights auction for the Steven Rowley novel “The Guncle.” Published only a week ago via Penguin Random House, the bestselling author’s new book ...
Legendary Entertainment has won the movie rights to Grady Hendrix’s runaway bestseller “How to Sell a Haunted House.” The studio behind “Dune” took the novel over several bids. The book ...