DELONG GRANT LAW PARTNERS Aspects of Entertainment Industry Contracts.
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Transcript of DELONG GRANT LAW PARTNERS Aspects of Entertainment Industry Contracts.
DELONG GRANT LAW PARTNERSAspects of Entertainment Industry Contracts
Royalties Paid Out
ArtistsScreenwritersDirectorsProducersActors
Contracts Involving Minors
Require parental or guardian involvement
Parents held liable for child’s ability or inability to fulfill contract
Usually contain some protection for child’s compensation
Contracts with Intermediaries
Enhance artist’s careerProvide service or protection for artistPromote artist’s visibility or successTake percentage of earnings based on
serviceHave various names and functions
Advances
Payments made to artist before any income received due to artist’s abilities
Normally nonrefundablePublisher or producer may keep royalties
that would have been paid to authorPublisher or producer able to recoup up
to the amount of advance to cover costsMost contracts dealing with writing
involve advance clause