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ANATOMY of Film Net Profit Statement’s Key Terms

ANATOMY of Film Net Profit Statement's Key Terms Film’s Net Profit Statement ( the “Statement”) encompasses multitude of industry terms which would seem unfathomable to untrained eye, at first. Let us rather briefly analyze the anatomy of the Statement and make some sense out it, to the extent possible.
Posted in Entertainment Law

Some BASICS of Rights Clearance in Entertainment Deals

Some BASICS of Rights Clearance in Entertainment Deals Some BASICS of Rights Clearance in Entertainment Deals Clearing world rights of an underlying source for translation, adaptation or republication is invariably a cumbersome complicated lengthy process. Clearing rights serves a very important purpose in entertainment transactions, as such rights
Posted in Corporate Law, Entertainment Law

What Does Literary Rights Option and Purchase Agreement for Television Encompass?

What Does Literary Rights Option and Purchase Agreement for Television Encompass? What Does Literary Rights Option and Purchase Agreement for Television Encompass? Often, television programming involves original teleplays or telescripts licensed from third parties and not copyrighted works. Nonetheless, if the work is copyrighted, both seller and buyer should be mindful
Posted in Entertainment Law

Fundamentals of Motion Picture Distribution Agreements

Fundamentals of Motion Picture Distribution Agreements Fundamentals of Motion Picture Distribution Agreements Despite the fact most film studios and major production companies have their own distribution company affiliates in one form or another, independent production companies due to lack of adequate wherewithal have to rely on
Posted in Entertainment Law

What Are Some Basics of Music Publishing Income?

What Are Some Basics of Music Publishing Income_ (1) What Are Some Basics of Music Publishing Income? With the advent of wholly newfound media and the ease to pirate songs, any meaningful tangible income from music publishing has drastically diminished. Consequently, it is incumbent upon music participants including but
Posted in Entertainment Law

Nuts and Bolts of Literary Rights Option and Purchase Agreements

Nuts and Bolts of Literary Rights Option and Purchase Agreements Nuts and Bolts of Literary Rights Option and Purchase Agreements Television programming is mostly predicated upon original teleplays/telescripts or literary/dramatic works licensed from third parties. Such licensing is often negotiated through an option/purchase agreement between an author and a producer/production
Posted in Entertainment Law

What is PC 422?

What is PC 422? While watching TV shows or movies that depict crime, we are often shown a character that is threatening to do harm to another character. Grandiose threats are made, and most of the time the threats never
Posted in Entertainment Law

Nuts and Bolts of Limited Partnerships

Nuts and Bolts of Limited Partnerships Nuts and Bolts of Limited Partnerships Limited Partnerships are one of the forms of entities available to form in California. Limited Partnership offers limited partners limited liability to the extent of their investment in the business. Nonetheless, Limited Partnership has
Posted in Corporate Law, Entertainment Law

Entertainment Law and Sports Law

Entertainment Law and Sports Law Entertainment Law and Sports Law Production studios, teams, and famous individuals in the entertainment or sports industries require consultation and protection of their practices just as much as other businesses, if not more. In both industries, there are massive followings
Posted in Entertainment Law

Motion Picture Financing

Motion Picture Financing Motion Picture Financing Procuring and securing financial backing from investors constitutes the sine qua non of entertainment deals. In fact, lack or dearth of money is translated into death knell of the deal especially a motion picture project. Accordingly, it
Posted in Corporate Law, Entertainment Law
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