Entertainment agency IP utilization game development contract review
Article posted in | VEAT
Entertainment agencies are generating significant revenue not only from their core business of artist discovery and management, but also through derivative works utilizing the IP of music and the portraits of their affiliated artists that they have created themselves. A prime example of this is games utilizing the IP of affiliated artists.
Company A, while attempting to develop a game utilizing its own IP, encountered a game development company with superior capabilities. However, a question arose as to whether entering into a contract with this new game development company would violate the existing contract with the original developer.
Law firm Veat, after analyzing the characteristics of the game software stipulated in the previous contract, conducted legal advice based on a deep understanding of contract law, confirming that the new game development contract did not violate the previous contract.
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