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IP assets and film finance - a primer on standard practices in the U.S.
Economic Research Working Paper No. 74
This research summarizes the basic economics of film finance and standard practices in the U.S. movie industry. It shows how risk and uncertainty around new film finance are managed by the private sector and what market-based solutions have been developed to mitigate risk in the sector. Based on a series of expert interviews and exploratory data analysis, the research presents the most common types of financial deals on the ground and reoccurring funding practices for new film production and distribution in the past twenty years, including a discussion of most recent trends and digital changes in the sector. In particular, the research highlights the prominent role of intellectual property (IP) in financial transactions of the movie industry and it discusses policy options in the U.S. and beyond to better leverage IP assets for financing purposes.
Publication year: 2023
Are the best tunes played on the oldest fiddles? Distribution and digitization of recorded classical music
Economic Research Working Paper No.87
This research looks at the distributional effects of copyright when creative works are protected under multiple rights. It exploits a quasi-natural experiment and recent law changes introduced under EU Directive 77/2011 on the term of protection of copyright and related rights as well as variation in author death years. We examine the causal implications of copyright and related rights protection around music recordings vis-à-vis public domain status for the availability of classical music as physical and digital releases. Results suggest that public domain status of related rights favours the availability and re-releases of classical music in physical and digital formats. The emergence of music streaming services in EU member states and catalogue-wide licensing moderate effects over time. We however find little evidence that public domain status of author rights affects the distribution of classical music in digital or physical channels. We contemplate the implications of our results for intellectual property policy.
Publication year: 2024
World Intellectual Property Indicators 2024
World Intellectual Property Indicators is the annual survey of intellectual property (IP) activity around the world carried out by WIPO, the United Nations specialized agency for innovation and IP. This authoritative report analyzes IP activity around the globe. Drawing on 2023 filing, registration and renewals statistics from national and regional IP offices and WIPO, World Intellectual Property Indicators covers patents, utility models, trademarks, industrial designs, microorganisms, plant variety protection and geographical indications.
Enterprising Ideas
A Guide to Intellectual Property for Startups
This publication introduces startups to IP. Through step-by-step guidance, useful case studies and simple checklists, it illustrates how small businesses can use IP to remain competitive and manage risks. Written for startups bringing an innovative technology-based solution to market, the guide will be useful to any entrepreneur wanting to get to grips with the IP system.
Publication year: 2021
World Intellectual Property Indicators 2021
This authoritative report analyzes IP activity around the globe. Drawing on 2020 filing, registration and renewals statistics from national and regional IP offices and WIPO, it covers patents, utility models, trademarks, industrial designs, microorganisms, plant variety protection and geographical indications. The report also draws on survey data and industry sources to give a picture of activity in the publishing industry.
Protecting Your Mobile App
Intellectual Property Solutions
Mobile apps are multilayered products with different features, which may be protected by various intellectual property (IP) rights including but not limited to copyright, trademark and patent. This publication is designed as a guide for app developers and publishers to understand how to legally protect the intellectual property of their mobile app. It offers legal clarity and business-oriented guidelines on IP, to generate additional revenue from a mobile app for creators and rights holders, and provides practical advice and insights to inform strategic decisions. The publication reviews the mobile app value chain and offers a checklist of legal considerations when identifying the relevant IP rights, protection options and strategies.
Intermediary Liability and Trade in Follow-on Innovation
Economic Research Working Paper No. 66
Liability rules affect the incentives of intermediaries to disseminate and curate creative works, in particular when works build on the work of predecessors and they are potentially infringing copyright. In an application to the visual arts, we show that appropriation artists borrow images from different sources and incorporate them into new, derivative works of art. By doing so, they risk infringing copyright but also put commercial trade and availability of the work at litigation risk as liability can extend to intermediaries in markets (auction houses) or in public exhibitions (museums). Using a differences-in-differences model and unique data on the level of the individual art work, we empirically investigate the impact of the prominent 2013 Cariou v. Prince U.S. court decision on trade and availability in Appropriation Art.
Collective Management of Copyright and Related Rights
Third edition
This third edition of Collective Management of Copyright and Related Rights presents an in-depth revision with invaluable updates on the different systems, legislative options and best practices of CMOs worldwide. As with previous editions, the book is written to reach a wide audience, with a special focus on questions that might emerge for governments as they prepare, adopt and apply collective management norms and regulations. The edition also sheds light on new copyright and related rights developments, including digital, technological and business trends, from all over the world. Additionally, there is detailed discussion on topics such as aspects of competition, national treatment, and different models of collective management.
Publication year: 2022
Creative Expression: An Introduction to Copyright and Related Rights for Small and Medium-sized Enterprises
Creative Expression in the "Intellectual Property for Business” series of guides provides an introduction to copyright and related rights for business managers and entrepreneurs, explaining in simple language those aspects of copyright law and practice that affect the business strategies of enterprises. This revised and updated version has added content on some of the pressing issues of the day arising from the digital revolution; on levy systems, cloud storage, etc., as well as updated information on the new WIPO treaties such as the rights of performers in audiovisual performances in the Beijing Treaty on Audiovisual Performances and access to the visually impaired under the Marrakesh treaty.
Management of Rights in Dramatic Works
Educational Material on Collective Management of Copyright and Related Rights - Module 6
WIPO commissioned this publication - with the support of the Norwegian Copyright Development Association (Norcode) - to be used as reference material in various training activities on collective management.
Publication year: 2014