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Yet, the rapid rise of podcasting has left many creators overlooking critical legal considerations specific copyright licensing. Without proper licensing, podcasters risk legal disputes that could undermine their creative efforts. Licensing in India is classified mainly into two types: voluntary and compulsory.
In this post, I look at the question of the government’s copyright ownership in State Board textbooks, and its implications on access to knowledge and education. If local publishers are not charged hefty royalties or licensing fees, they can make these books available at cheaper prices and reduce their distribution costs. Section 2.2(iv)
Copyright Licensing of Digital Assets Attached to NFT Sales. Bonus: Free Open Source Copyright License for NFT sales below]. What are the terms by which you are selling the NFT and licensing your work, the art you put into the platform that’s going to be attached to the NFT? NFT Copyright Licensing.
Businesses own valuable trademarks, which, once registered, can be licensed out. The rights that flow from a trademark can be licensed to others to receive royalties for commercialization. Licensing your trademark can be a beneficial business strategy that can not only strengthen the brand but also allow for expansion into new markets.
The Indian sports market, especially is a ground for rapid growth, with a die-hard fan base, and an ever-growing hunger for more, the market of sports is at the top of its game. Almost every facet of the sports industry is now being tapped into and marketed and Intellectual Property are valuable assets for these marketing tactics.
According to the study, only one in 25 even attempts to transfer copyright ownership with the purchase of the NFT and even that may be ineffective. The “vast majority” of NFT projects did not attempt to convey any ownership of intellectual property rights. This is especially true now that the NFT market has shrunk so profoundly.
The mainstream reputation of NFTs was hopelessly trashed and, as the regular crypto market began to falter, the NFT market was especially hard hit. In countries where there is no government recordation of copyright, blockchain offers a decentralized and transparent process to record copyright ownership, transfers and licenses.
They are essentially a receipt that is placed on the blockchain that allows a purchaser to claim “ownership” over that particular NFT. The 3 Count Logo was created by Justin Goff and is licensed under a Creative Commons Attribution License. It’s an attempt to add scarcity to digital goods.
Now they are stuck with a book that they paid far more than market value for and no clear path to recouping that cost. Instead, the market has become about buying the “unique” or “scarce” NFT, often made from a widely available work. I guess this is the natural result of NFT culture. That is difficult to say.
Key Copyright Procedures for Business Owners Licensing and Permissions To legally use a copyrighted book or portions of it, permission from the copyright owner is required. This is usually done through a licensing agreement , which specifies the permitted use. Contact them directly or through licensing agencies.
Any form of Intellectual Property (IP) , be it a trademark, patent, or copyright, can be licensed to third parties. Through IP licensing, IP rights holders grant third parties the exclusive right to use their IP while retaining their ownership. Understanding the IP License. Creating the IP Licensing Agreement.
Introduction Shutterstock is a global provider of licensed images, videos, audio and editing tools, that has revolutionized the way visual content can be accessed and used. Content creators contribute their work to the platform, making it available for licensing, while end users can easily browse, license and utilize them.
There is an increasing number of brands, talent agencies, and influencers looking to leverage influencer marketing. Celebrities, Influencers, Talent Agents, Marketing Agencies & Brands. We represent agencies, marketing agencies trying to line up influencer campaigns for their clients, for brands. Seems simple right?
Miller claims that the Defendant displayed this image on its website on January 30, 2023, without the proper permission or licensing, thereby violating copyright law. Empire, LLC, is alleged to have profited from the unauthorized display, thus undermining the Plaintiff’s market for the photograph.
Trademarks- as the patents protect the inventions, trademarks refer to the unique symbols and phrases used by an organization helping them to distinguish from the others in a competitive market. This may be for a limited period and is only limited to publishing, rendering left of the ownership to the author.
He orally licensed the beats to Rivers for a 50% royalty and a promise to keep booking live performances for White. White alleges that Rivers stopped booking live performances and thereby abrogated the beats license. ” After the alleged license breach, White took down the album, but Rivers reuploaded it.
Indian Copyright Act, 1957 – sections 30 to 32 provide for licensing. It allows for both voluntary and compulsory licensing. Further Trademarks Act, 1999 and Designs Act, 2000 allow licensing of trademarks and designs respectively. Image Sources: Shutterstock] The transfer is initiated by a license agreement.
At issue in this case is whether Viral DRM obtains ownership or exclusive licensing rights to the third-party videos it syndicates. The court says that Viral DRM’s exclusive “management” rights is not the same as ownership or an exclusive license to the copyright. Alibaba N.D.
Tokenization refers to the process of creating digital tokens that represent ownership of an asset. The assets can be physical or digital, and tokenization allows for fractional ownership of assets, making it easier for investors to buy and sell them. Tokenization of IP assets has several benefits.
The non-fungible part means that it is something that has unique value based on the buyer’s sentiment and/or market dynamics. In practice, what this means is that a whole new market has been opened-up as NFTs have provided a system that has enabled the sale of digital items by transforming them into collectables, such as a tweet.
Instead, they focus on whether Westlaw’s headnotes were copyrightable, whether Rosss training-stage copying involved protectable expression, and whether its use displaced a real or potential market for Thomson Reuters’ original workssome of the same issues that will be decided in cases involving generative AI.
The main aim was to facilitate the non-exclusive licensing and trading of IP assets. This shows how important is the licensing aspect of the company which deals in the IP field. Keeping this in mind, we should delve into the market-based approach of the same. Giving a larger ground for licensing. Advantages.
Jenks licensed the beat non-exclusively to Jordan White (a/k/a G-BABY GVVAAN), who incorporated it into a song called “ Oi! Despite UMG’s lack of ownership in the beat, UMG’s “content protection specialist” found the song Oi! Maritas * 512(f) Plaintiff Must Pay $91k to the Defense–Digital Marketing v.
Moderna’s patent infringement lawsuit is a revenue seeking activity since Moderna wants fair compensation but does not want to remove Comirnaty from the market. Moderna was one such company that was granted a compulsory license. Easy for Moderna to now push for ‘licensing and not abrogating patents’. Pfizer and BioNTech.
The lawsuit in question was filed by Applause Entertainment, the Indian company behind the TV-series “Scam 1992” The series covers the 1992 Indian stock market scam, adapted from Debashis Basu’s book The Scam. The TV production is licensed to Sony LIV and was a huge success.
Publishers vs. Internet Archive The self-scanning service is different from the licensing deals other libraries enter into. They believe that IA’s library is disrupting the “ecosystem” and “market equilibrium” of ebook sales. “Fair use was designed to address precisely this type of market failure.
Also, ignoring copyright licenses is at least arguably copyright infringement, and your fair use claim probably won’t get you out of the lawsuit at the motion to dismiss stage. The court also held that the coders did not have standing to seek damages, but they did have standing to pursue injunctive relief. Complaint at 2. Complaint at 31.
However, the appellate court seems to invalidate that six-factor test: “Determining he ownership of social-media accounts is indeed a relatively novel exercise, but that novelty does not warrant a new six-factor test.” The next step is to determine whether ownership ever transferred to another party.
The court says: “whether YouTube has a license for a particular work will be a matter of intense inquiry at trial.” The opinion explains how the named plaintiff Schneider didn’t understand her own chain of ownership. YouTube appeared first on Technology & Marketing Law Blog.
Licensing is a legal tool that permits the utilization or reuse of already protected intellectual property. This raises discussions on various factors influencing the decision of licensors and licensees regarding the licensing process. Considerations for sub-licensing, including any specific limitations or financial terms.
With rising capital needs and global financial market opportunities, patents are attractive to stakeholders and investors. On the other hand licensing is a strategy used by individuals who lack resources to independently produce and promote their patented innovation. Licensing reduces risk but may restrict potential profits.
Unsophisticated consumers may conflate the purchase of an NFT associated with a digital good with ownership of IP rights in that good. The Offices found: To the extent that an NFT is associated with a copyrightable work, the creation, storage, marketing, or transfer of that NFT may implicate copyright owners’ exclusive rights.
Influencer marketing offers brands a unique opportunity to target and connect with online communities, using a personalized approach. Whilst influencer marketing can yield great returns for brands, it is essential for influencers and brands to navigate this legal landscape carefully, especially in terms of contractual relationships.
It gives the inventor or patent owner exclusive rights and prevents others from manufacturing, selling, or marketing the invention. Patents give you the much-needed competitive edge in the market. Firstly, it prevents other organizations from copying the invention, thereby lowering the risk of competitors in the market.
Today, we will be talking about NFT non-fungible token licensing. There was a recent story that is an instructive lesson in copyright law that has application to the NFT market. THE NFT smart contract does NOT include the licensing terms for the underlying digital asset (i.e. How to Create an NFT License Agreement.
Shah pointed to his copyright registrations as evidence of his ownership, but the court says the allegations in his complaint show that he was never entitled to register the copyrights (i.e., To be clear, joint copyright ownership of photos like these could be a policy disaster, so I don’t share the judge’s lament on that front).
The business must establish itself as a brand which must be in a sense which can provide the distinctive nature of the business in the market. It is important to understand the ownership or possession of IP in case of any such contract with a third party. The registration of the name must be done in the trademark registry.
Other than product sales data, component prices, customer details & records, market statistics, or supply chain info, a company owns commercially sensitive and confidential electronic pieces of information such as CAD drawings. Moreover, to boost the value derived from data, a company may find it pretty attractive to license its data.
Company Claims Ownership of ‘Reloaded’ Trademark. “Over the following months Mr. Carrasquillo’s agent sought to work out a licensing arrangement with NuStar. Due to the “Omi in a Hellcat” persona, the market became so saturated with Reloaded products that the trademark is now associated with Carrasquillo, not NuStar.
While many see China’s AI policies as a cover to curb freedoms and control society, the reality is that China is an active AI developer in a thriving market for AI applications in both the trade and industrial sectors. licensing, assignment, JVs, cooperation and co-development etc.) China is at the forefront of the AI development race.
The challenge becomes even bigger if NFTs are to be commercialized, exploited, and protected in different jurisdictions and at the same time — particularly when those markets include China, where protection for a foreign NFT creator or exploiter may face unique challenges. Therefore, DCs cannot be freely transacted in the Chinese market.
Influencer marketing offers brands a unique opportunity to target and connect with online communities, using a personalized approach. Whilst influencer marketing can yield great returns for brands, it is essential for influencers and brands to navigate this legal landscape carefully, especially in terms of contractual relationships.
At present, with the immense growth of interconnectivity, along with digital experiences creating augmented reality and virtual reality, many digital marketers and technology experts have given the term ‘Metaverse’ to these new spheres of human interaction. What will the future trademark licensing deals in the Metaverse look like?
That exchange included ownership rights of the LEHMAN BROTHERS trademarks. I]n modern consumer markets commercial trademarks are often licensed for use on products that may differ from the original source of the trademark. But, as they say ‘any publicity is good publicity.’.
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