Entertainment Law Terms

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Adaptations: Derivative works. A motion picture is base on a book, the idea of the motion picture comes from a book.

ASCAP: The "American Society of Composers, Authors and Publishers" is a non-profit performing rights organization. ASCP protects their members’ musical copyrights by supervising public performances of their music.

Completion Bond: A type of insurance, which guarantees financing to finish a motion picture in the event that the producer surpasses the budget. Completion bonds are sometimes necessary by banks and investors to secure loans and investments in a production. Should a bond be invoked, the completion guarantor may assume control over the production and be in a recoupment position superior to all investors.

SESAC: The Society of European Stage Authors & Composers founded in 1930 is the second oldest and the smallest performance rights organizations in the U.S.

Deferred Payment: When writers, directors, cast, crew or others agree to some or all of their payment later in order to decrease production costs. A deferred fee is generally paid from revenues created from a completed motion picture, and if a movie is not finished, or it does not produce considerable revenue, then the deferred payment holder may not be paid for his involvement.

Distributor: Companies that distribute films, placing within theaters and other media and promoting and advertising.

Double Distribution Fees: Happens when a distributor uses a sub-distributor to sell a motion picture. The filmmaker is less likely to make money, if more than one distributors are allowed to deduct their full fees.

Dubbing: In a recording process, adding additional sound to the visual presentation to create a sound track that can be transferred to and synchronized with the visual presentation.

Foreign Sales: Licensing a motion picture in various countries and media outside the U.S. and Canada.

Gross Receipts: Studio/distributor revenues resulting from all type of media, motion pictures, rentals, television and home video licenses, merchandising and ancillary sales.

Joint Venture: An agreement between two or more parties to form a new entity where all parties share revenues, expenses, resources, loses and control of the new entity.

Licensee: A person who is granted a license or permission to do something.

Licensor: Formal permission from a governmental or other authority to do business or a profession.

Limited Partnership: Two or more person, with at least on limited partner and general partner. General partners have power over the partnership; limited partners have no control, no legal or financial liabilities beyond the amount they have invested.

Master: The final copy from the edited motion picture or videotape.

Merchandising Rights: Who owns the right to, manufacture and distribute merchandise based on characters, names or events in a picture.

NTSC: Established in 1940 by the FCC, National Television System Committee is the analog television system used mostly in countries from North and South America.

Original: A unique work that has not been taken from another work.

Right of Privacy: The right to keep personal affairs out of public views, and to be protected against a range of intrusive behavior such as misappropriation of one’s name, image or likeness.

Right of Publicity: The ability to control the commercial value and use of one’s likeness, image, and name.

Talent: The word to describe a special natural ability or aptitude.

Are you looking for the help of an entertainment attorney in your area? If so, contact an experienced entertainment attorney who understands the legal aspects of the entertainment industry.

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