This business works because of intellectual property law so
it’s always a good idea to brush up on current legal events within the
entertainment industry. New laws and court decisions are constantly evolving
the way we do business so I’ve reviewed a few podcast resources below.
Hopefully at least one of them will help you stay up to date on a regular
basis.
Entertainment Law Update
Episode: 19
This is a great episode. Gordon Firemark covers some royalty
issues concerning digital downloads and how the courts have approached artist
royalty payments for digital download purchases. The issue is whether or not
artist should get the publishing royalty rate or the sales rate, which is
general, much less lucrative for the artists. I don’t think this will be an issue
for long because labels will structure their new contracts to specify downloads
as earning the same artist royalty rate as CD sales. However, I suspect a court
decisions might change the labels rights to structure their agreements in this
way. Digital downloads aren’t worth much to start with and giving the artist
the publishing rate for these would actually hurt the music industry in a bad
way. Digital sales are replacing CD sales and without the same percent of
profit going to the labels they will lose even more money and the music
industry will sink.
Intellectual Property Law Podcast Series
Episode: Is Net Neutrality a Virtual Taking?
This is a great podcast by Suffolk University. They explore
the issues of net neutrality in this episode and the potential pros and cons of
both sides of the argument. This is an episode I highly recommend because laws
governing the Internet affect every type of business. What are the stipulations
of ISP’s throttling content? The consumers receiving information at their home
through the Internet pay for the right to so. Should business have the right to
pay a premium to the ISP’s to have their content sent quicker? Is this unfair
competition? Will this hurt the development of the Internet by allowing only
well funded projects to the front of the pack? Does this mean future services
like YouTube and Facebook that were started from the grassroots will not be
able to have the same startup potential anymore? Will this hurt or does it
sound legitimate? These are some important questions that his podcast covers.
Intellectual Property Law Podcast Series
Episode: Owning Markets
This episode addresses some current issues lying in
trademark law. A lot of cases have appeared in recent years where companies are
suing others in order to protect their trademarks value. This episode addresses
the question of how far does a marks value reach? Does it reach into a market
that a company has not expanded into but might decide to in the future? The
speaker uses Apple’s mark as an excuse. They questions whether allowing other
companies to using a similar mark in a different market is ok even though it
might limit any future attempts by Apple to enter that market. One thing I like
a lot about this one is that it is a little more one sided and they strike down
some of the current arguments in trademark law cases by pointing out the flaws
in the arguments.
I hope everybody sees the importance in these issues and
pays close attention to the outcome of the cases in question. One single court
decision can change how business is done entirely, especially in the
entertainment industry. Intellectual property is a fairly new concept to the
world and the relevant laws are still evolving.