Professional Documents
Culture Documents
By
Sense of License
LICENSING
Recitals Definitions Grant
Royalty
Term Confidentiality and IP Warranties and Representations
RECITALS
Background Purpose of agreement Prior transaction
DEFINITIONS
Important Terms Consistently Used Clarity Example "Licensed Recording" shall mean a gramophone disc record magnetic tape record (whether reel to reel, endless loop, in cassette or cartridge form or otherwise howsoever) or any other contrivance or appliance whatever bearing or used for emitting sounds known today or
GRANT
Do you need a license?
Ideas/Themes/Concepts Fair Use Facts Works in Public domain
GRANT
Parties Works being granted Type of License Rights Territory Medium Term Restrictions Sub-licensing Future works
TYPES OF TELEVISIONS
PLATFORMS Pay TV Free-To-Air Local Cable TV VOD (S/I/T) Pay Per View MODE OF DELIVERY Satellite, Terrestrial, Cable, IPTV Satellite, Terrestrial, Cable, IPTV Cable Satellite, Cable, DTH, Internet, IPTV Satellite, Cable, DTH, Internet, IPTV
Internet
Mobile
GRANT EXAMPLE
Licensor hereby grants to the Licensee a non-exclusive license to use the Sound Recording within the territory of India on television for a period of two years.
PROBLEM?
ROYALTY
Types Lumpsum Fixed Running
Mode of payment
Time of payment Accounts
TERM
Agreement Term Grant Term Holdback
Example: ... The Licensor hereby grants a perpetual license ... to the Licensee. This agreement shall be valid for a period of two years.
PROBLEM?
CONFIDENTIALITY AND IP
Breach of Confidence IP Ownership and Rights Third Party IP Example: X has an idea for a TV program and approaches your channel. You listen to him but do not think he can produce the program. You therefore decide to go ahead on your own by taking only the concept without implementing the specifics of X's idea.
PROBLEM?
INDEMNITY
Example
Licensor hereby agrees to indemnify and hold the Licensee harmless from and against any
direct losses arising out of the Licensee's bonafide use of the Licensed Works.
PROBLEM?
STATUTORY LICENSE
Literary or Musical works Sound Recording
BASIC TIPS
Prepare for the deal Strategy and Planning Negotiation
Draft cleverly
Thank You.
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