Blog

What clause should an artist require in a recording agreement with a record label that forces the label after a certain amount of time to either distribute the album or terminate the record deal?

The city of Hong Kong and Walt Disney Company come together and create a commercial enterprise known as “Hong Kong International Theme Parks Limited” in order to build a new Disney Theme Park in Hong Kong. This would be known as a…

Pair the below Negotiation Styles with its appropriate description. 

Since I love intellectual property so much, I decide to write a book based on my research of the history and impact intellectual property has had over the past 50 years. Warner Bros. decides this might be exactly what the public wants to learn about, so Warner Bros. comes to me and asks if they can enter into an exclusive agreement with me to create a script based on my book, interview possible directors and actors, scout locations, etc. to determine if this is something Warner Bros. might want to fully produce. What type of agreement would be best for Warner Bros. to propose to me in this scenario?

A legally binding obligation that is based on the actions, conduct or circumstances of the parties rather than a written document is called an implied contract.

Kevin sees an advertisement for a fur coat that says “First 6 customers can purchase a fur coat for $1.00 (Yes, one dollar). This is NOT a misprint. First come, first served.” Kevin shows up first thing in the morning, but the store clerk says the sale was for women only. Does Kevin have a valid contract?

Capacity and a legal purpose are required to have a valid contract. What other elements are needed to complete the requirements of a valid contract?

Oliver leaves a note in Juan’s mailbox which states I’ll mow your yard on Saturday for $50. Juan calls Oliver’s cell phone and leaves the following voice mail: Oliver, I’ll pay you $75 to mow my yard, but I need it done by Friday. Oliver and Juan have an enforceable contract.

I sign an exclusive recording agreement. The label advances me $2,000. Assume I negotiated a 20% royalty for myself and the label takes home the remaining 80%. How much in total royalties must the label receive from exploitations of my sound recordings before I am fully recouped?

Which of the following is best described as an Exclusivity Clause that you might see in a talent agreement?