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Subject:
Book "Rights" and acquiring them
Category: Miscellaneous Asked by: oraccomp-ga List Price: $8.00 |
Posted:
10 Dec 2003 12:37 PST
Expires: 09 Jan 2004 12:37 PST Question ID: 285749 |
How would I buy/acquire the rights to a book published in 2001 and the authors are still alive and well. Is there a clear route? What sort of cost are rights and are the rights clearly defined or can I buy film rights but not publication rights. I am a computer engineer so I need it in easy terms! The book is biographical similar to The Swiss Family Robinson. Thanks in anticipation. PS A one link reference, as a totl answer, to some copyright website does NOT constitute a laymans explanation. |
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Subject:
Re: Book "Rights" and acquiring them
Answered By: hlabadie-ga on 11 Dec 2003 05:09 PST Rated: |
The creation of any intellectual property creates a "bundle" of rights. The bundle is divided into primary and secondary (or subsidiary) rights, depending upon the original form of the work. In this case, the original form is a book, and the primary rights are those pertaining to the published book formats, while the secondary or subsidiary rights are all those that pertain to works derived from that original book, such as movies or stage plays. The subsidiary or derivative rights to the book are severable and can be licensed separately. That is, one person could license the rights to make a motion picture from the book, while another could license the right to make a stage play, and yet a third could license the right to market a computer game based upon the book, and so on. The license fees and/or royalties to be paid to the owner of the rights are negotiable. The authors may have assigned the rights to the publisher when the publishing contract was signed for a consideration or a portion of future licensing, or the authors may have reserved the derivative rights, depending upon the terms agreed between them. You would have to approach the publisher and the authors or their representative (agent) to determine who owns the rights, which rights they would be willing to license, and the amount and structure of compensation. There is no standard offer. The value of the work is entirely defined by the market. The greater the number of people who are interested in the work, the greater its value. The terms of the license must be explicit as to the scope of the rights granted and the form and amount of compensation required. Are worldwide rights granted? How will profits be divided? Is there a time limit on the right? (Will it lapse if a project is not completed in a certain time, allowing the owners to grant a new license to someone else?) Can rights be reassigned by the licensee? (Can you contract with somebody else to make the movie?) In essence, the rights transferred and the conditions by which those rights are transferred are all negotiable. There is no magic formula. Contract law becomes the controlling factor at that point. Certain terms can be called standard, but everything is negotiable. Naturally, you would want to hire an experienced lawyer or agent to conduct the negotiations. See the articles at: http:// www.ivanhoffman.com SUBSIDIARY RIGHTS LICENSING http://www.ivanhoffman.com/subsidiary.html LICENSING http://www.ivanhoffman.com/licensing.html DERIVATIVE WORKS http://www.ivanhoffman.com/derivative2.html PRIVATE LAWS http://www.ivanhoffman.com/private.html SEARCH TERMS Prior familiarity with publishing and the Ivan Hoffman site. hlabadie-ga |
oraccomp-ga
rated this answer:
and gave an additional tip of:
$7.00
I followed through using the information you supplied and it's as good as I'm going to get. You are spot-on with the ways that the rights can be split and I'm happy with the answer. Thank you also to the two commentees(?). A Merry Christmas to ALL researchers and contributors |
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Subject:
Re: Book "Rights" and acquiring them
From: journalist-ga on 10 Dec 2003 13:42 PST |
Greetings Oraccomp: The book reviewed at http://www.gcglaw.com/aboutus/news/garonbook.html "Independent Filmmaker's Law and Business Guide: Financing, Shooting, and Distributing Independent and Digital Films" may be of interest to you. "The book serves as a guide for filmmakers, film students, and lawyers interested in entertainment law. The book explains how to acquire film rights from books, plays or other sources, how to create the filmmaker?s motion picture company to finance and develop the film, and how to operate as the employer of dozens of skilled professionals, including actors, designers, cinematographers, and others." Best regards, journalist-ga |
Subject:
Re: Book "Rights" and acquiring them
From: kriswrite-ga on 10 Dec 2003 14:26 PST |
Ocaccomp~ There probably is no truly straightforward answer, since the cost of acquiring rights (and whether you can acquire rights at all) depends entirely upon the whim of the copyright holder. In the simplest terms, you need to write to the publisher and ask for your proposal to be passed on to the copyright holder. Kriswrite |
Subject:
Re: Book "Rights" and acquiring them
From: hlabadie-ga on 23 Dec 2003 20:33 PST |
Thanks for the tip and the rating. Good luck with the project. hlabadie-ga |
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