IP Laws

One of the downside of any business is falling into legal liabilities. According to businessdictionary.com legal liabilities are obligations under law arising from civil actions (torts) or under contract.  Courts can only decided a legal liability even if the settlement is made out of the court by mutual agreement.  Businessdictionary.com state “liability insurance normally covers only the liability arising from torts and not from the contractual obligations.”  When a company fails to meet their responsibility, it leaves them open to a lawsuit for any arise damages.

In the Internet people can find podcasts related to IP laws that can help future managers to prevent legal liabilities. By the way I found some interesting podcasts about IP law that can give some feedbacks on dealing with liabilities. My first podcast is Bridging the Gap in Copyright Protectionof Symbols, Shapes and Letters. In this podcast, Thomas McNulty and Julia Mathis of Lando & Anastasi, LLP discuss copyright protection of symbols, geometric shapes, and letters. McNulty and Mathis discuss the difference between a copyright registration and trademark registration. They also discuss the importance of having these registrations to protect IP. Companies, record labels, and any other sort of business that have a logo and produce IP is important for them to have clear interpretation and knowledge of the IP law that protect them. My second podcast is episode 29- 360 deals, rights of publicity,and more. In this podcast the main discussion is about 360 deals v. the Talent Agencies Act. Erin Jacobson practices in Los Angeles, California where she represents musicians, songwriters, producers, companies, and other entertainment professionals discus the main issues with the 360 deals and the Talent Agencies Act of California. A 360 deal is a deal that allow the labels to either own or share in the profits from all areas of artists’ careers, including: music publishing, live touring, merchandising, sponsorships, endorsements, websites, fan clubs and their associated ads, literary rights, and acting. However this kind of deal can incur in violation with the California Talent Agencies Act. The California Talent Agencies Act demands any person who procures employment for an artist to become a licensed talent agent or agency by the California Labor Commissioner. If the person is not a talent agent or agency, it cannot procure employment for his artist. This is an issue that can be a problem for any label record including mine. A good solution for this matter can be hiring a licensed agent or agency that can book live show and events. The third podcast is Workers’ Compensation Claims for NFL PlayersCoping With Dementia. Even thou this podcast do not focus on my main business plan working in the sport world is a passion that I have since I was a young man. This podcast discuss climbing rates of depression, dementia and even Alzheimer’s disease linked with pro football careers and concussions. This is a great podcast because as a future athlete agent and manager is important to be concern about issues that can cost an athlete career and even more their lives.