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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 ...
[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 ...
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 ...
Gov. Gavin Newsom unveiled plans over the weekend to raise the cap on California's film and TV tax credit program. Will it save Hollywood from ruin?
California Gov. Gavin Newsom signed a bill on Monday that extends the state’s $330 million tax incentive for film and TV production. The program will be extended for five years through 2030. For ...
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 ...
In India, recourse can be had to trademark law which recognises that fictional characters enjoy goodwill, and provides relief for cases of ‘character merchandising’. ’. Character merchandising has been defined as involving the exploitation of fictional characters by licensing these fictional characters in the case of Star India Private Limited vs Leo Burnett (India) Private L
California's film and TV tax credit program was established in 2009 as a way to prevent film and TV production from fleeing to other states. Back then, the credit was restricted to $100 million ...