Maximising the Value of Intellectual Property in Film and Media Saturday 27 October 2012 Presented by Tony Morris.

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Presentation transcript:

Maximising the Value of Intellectual Property in Film and Media Saturday 27 October 2012 Presented by Tony Morris

IP is at the heart of all media productions Core asset of a media/production company Every production consists of works that are dependent on IP IP is an asset that has value, sometimes not perceived until too late Owning or controlling sufficient rights in IP is crucial for all those engaged in the creation, financing, management and exploitation of media productions Why is Intellectual Property important?

Security  IP  right to use IP  income derived from IP Who owns the IP? Who created it? Chain-of-title Contracts  assignment  licence IP – Funder’s considerations

Cash to produce Integrity of the project/creative control Income Future projects  existing works  future/new works IP – Producer/Creators’ considerations

Where Intellectual Property is to be found Audio visual productions Written content; scripts and other material Photographs Drawings and other iconography Diagrams Musical compositions Sound recordings Formats Websites Software Publicity and advertising material Training material Trade/service marks (registered and unregistered) Brochures

Copyright Moral rights Performers’ rights Confidential information Trade marks Others What is Intellectual Property?

Species of intellectual property Copyright Copyright – “…an original literary, dramatic, musical or artistic work …” Section 1 Copyright, Designs and Patents Act 1988 Literary work includes software programme Sound recordings, films, broadcasts and cable programmes No copyright in an idea – only in the expression of that idea in a permanent form No copyright in facts

Who is the first owner of copyright? The Author Works of joint authorship Works of an employee created in the course of employment belong to the employer Works made “for hire” (US concept) A copyright lasts for the life of author plus 70 years Sound recordings in EU now to be 70 years from date of first publication/communication to the public Copyright in a film or other audio visual programme expires 70 years after the death of the last of the 4 authors.

Who is the author of a film? Writer Director Writer of dialogue Composer of music first written for the film

Who owns the copyright in a film? Those making the arrangements for the production of the film/programme viz. the production company Who owns a commissioned work? The author – unless or and until a formal assignment Ensure that the commissioner of a copyright is able to use works that it commissions by Written assignment Written licence Otherwise - Licence as of right – extent may be uncertain

Fair use Criticism or review: credit Incidental inclusion Reporting news and current events Research or study/educational purposes Parody First Amendment (US: free speech)

Benefits of ownership No challenge to use Ability to prevent infringing users Use of adaptations and derivative works

Moral Rights Paternity – the right to assert authorship Integrity –the right to prevent a derogatory treatment The continental approach – inalienable, irrevocable, perpetual The common law approach – a matter of contract

Performers’ rights What is a performance? Anyone giving a performance has a right in that performance Provide the possibility to prevent (1) broadcasting and communication to the public (2) fixation and (3) the reproduction of a fixation of a performer’s performance. When clearing a performer’s consent it is crucial to ensure that the consent will extend to all media in which it is desired to exploit that performance Should be in writing, though maybe implied from the circumstances Incidental inclusion Moral rights in performances as in copyright works

Confidential information Information which is confidential to a business or an individual and not in the public domain No copyright in an idea Record the information in writing or other permanent form Protect the release of confidential information by contract Sign an NDA (Non Disclosure Agreement) or confidentiality undertaking BEFORE you release information about a project

Formats No copyright in a format - copyright in component parts. The more detail of the format that is provided, the more there is capable of protection. Description of format – a literary work Illustrations Diagrams Set designs Music Catch phrases Look and feel Use of non-disclosure agreements/confidentiality agreements to protect by contract Making a pilot will often be the most effective way of protecting a format

For Advice Tony Morris +44 (0)