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Entertainment, Arts, and Sports Law

2014

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Samuel H Jones

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Invalid Pre-Termination Grants And The Challenge To Obtain A Remedy, Samuel H. Jones May 2014

Invalid Pre-Termination Grants And The Challenge To Obtain A Remedy, Samuel H. Jones

Samuel H Jones

The 1976 Copyright Act created what is now commonly known as the termination right, which allows authors to unilaterally terminate prior grants of their copyrights and reclaim ownership. This right was created, in large part, to liberate authors from unremunerative agreements previously entered into when the value of their copyrighted works had not yet been realized. It can be a powerful tool for authors to leverage more favorable agreements than they were previously able, particularly when those copyrights are highly valued. To ensure authors’ ability to exercise this right, Congress enacted provisions in the 1976 Copyright Act that prohibit authors …