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Hence, commercialization occurs by distributing contracts among the authors and directors/publishers to distribute their works. Ltd also known as T-series, regarding their show [2] or film’s revenues are a demonstration of contesting instances relating to intellectualproperty rights in the sector [3].
The answer to this can be found only in individual contracts between these public institutions/grantees and the private sector. Except, these contracts are not proactively published by most of these institutions and are not shared even under the RTI Act. Who owns IP resulting from these agreements?
Through immutable record-keeping and smart contracts, blockchain provides a secure and transparent platform for managing IP rights, facilitating collaboration, reducing disputes, and unlocking new opportunities for innovation and monetization.
You need to for the sake of clarity put in writing that no person other than the artist himself is responsible for the performance of the contract. Assignment : Ensure that the artist cannot assign his rights, duties or obligations arising out the agreement to any third person.
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