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monkeywork | 3 months ago
What the termination allows me to do as the creator of that character in this analogy is say - charcircuit isn't doing anything with my character for 35 years - I'm going to take back control and maybe do something myself with it or license it to someone else to do something with...
charcircuit|3 months ago
blendergeek|3 months ago
“Derivative works” exception – although a successful termination causes all of the rights to revert, this will not affect exploitation of derivative works created during the lifetime of the agreement, even after that agreement has been terminated. Once the agreement has been terminated, the grantee (see the glossary) may continue after termination to utilize “derivative works prepared under authority of the grant before its termination…[consistent with] the term of the grant” (to quote from the U.S. Copyright Act). This means that if, for example, an author granted a company a 50-year exclusive license to create a movie based on the author’s novel, that company can continue to use and exploit the movie even after the author successfully terminates the exclusive license. The company may not prepare a new movie based on the novel; it may only continue to use the existing movie that it created when the exclusive license was still current.
[0]: https://rightsback.org/faq/#So.2C_I_get_all_of_my_rights_bac...
alt227|3 months ago