The recent lawsuit filed in Los Angeles County Superior Court by G2 Esports against NFT developer Bondly should serve as a warning to IP content owners and creators considering working with an NFT developer/sales agent. To avoid major disagreements and fully protect themselves, IP content owners/creators need a lawyer with experience in documenting and negotiating NFT development, marketing and sale
The rise in popularity of the blockchain ecosystem and growth in ownership of digital currency (e.g., Bitcoin), non-fungible tokens (NFTs), digital wallets, and digital asset trading platforms have had a substantial impact on our financial system. The United States is a global leader with increased development and adoption of digital assets. The market capitalization of the entire cryptocurrency market has
The increasing popularity of competitive video games has created a global Esports industry that in 2021 had an audience size of 474 million viewers and generated $1.6 billion. While the industry is generating billions off its’ tournaments and providing long term investments and sponsorship opportunities for brands, game publishers, and even private equity firms, many Esports pros and agents, are
Sponsorship revenue for the NFL increased 12% during the 2021-22 season to a record $1.8 billion, according to sports partnership consultancy firm IEG. Despite not associating with gambling businesses in the past, sports betting and casinos saw the largest growth in sponsorship fees, growing more than 140%. In addition, teams took in 4% additional in rights fees, and League-level
Brand sponsorship deals, including sports jersey sponsorships have become increasingly common in professional sports. Jersey sponsorships are when a company pays substantial amounts to advertise their logo on an athlete’s jersey. These corporate sponsorships represent some of the most profitable deals in the sports industry today, working to generate revenue for the team while offering brands a lucrative opportunity to
As big streaming platforms like Netflix, Amazon, and Disney Plus pivot from capturing market share to profitability, growth in European content supply may be about to hit a breaking point in 2022.
European SVOD Slowing Down
Resources for European content producers is expected to decrease in 2022, despite large investments from big streaming platforms. The current European market is seeing
Frndly TV, an internet-TV streaming service, founded two years ago by former Dish Network executives, has announced a multi-year distribution deal to bring A+E Networks’ portfolio of brands to Frndly’s subscribers. The multi-year distribution agreement between A&E Networks and Frndly TV will offer Frndly TV’s more than 500,000 subscribers’ access to thirty live TV channels including the Hallmark Channel, A&E,
Frndly TV, an internet-TV streaming service, founded two years ago by former Dish Network executives, has announced a multi-year distribution deal to bring A+E Networks’ portfolio of brands to Frndly’s subscribers. The multi-year distribution agreement between A&E Networks and Frndly TV will offer Frndly TV’s more than 500,000 subscribers’ access to thirty live TV channels including the Hallmark Channel, A&E,
To highlight the work of all writers employed on movie projects, members of the Writers Guild of America recently approved the establishment of an “Additional Literary Material” screen credit for feature films.
Acknowledging the Work of All Writers
Starting Jan. 1, 2022, the WGA can offer an “Additional Literary Credit” to writers during the credit-determination process. The credit will provide
An increasing number of high-profile on camera talent lawsuits alleging breach of contract is resulting in scrutiny of the business practices of Netflix and Disney.
Carole Baskin vs Netflix and Royal Goode Productions
Carole Baskin and her husband, recently sued Netflix and “Tiger King 2” production company Royal Goode Productions for breach of contract. In the lawsuit, the Baskins alleged
