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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 ...
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 ...
This right to terminate the transfer is absolute and cannot be waived. [35] For works published before 1978, copyrights may revert to the author after 56 years. For example, Paul McCartney reclaimed the U.S. publishing rights to early Beatles songs from Sony Music Publishing, beginning in October 2018. [36]
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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 ...
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 ...
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 ...
This is one legal option for publishers and authors of books, magazines, movies, television shows, video games, and other commercial artistic works who want to include and use a work of a second creator: for example, a video game developer who wants to pay an artist to draw a boss to include in a game.