Kentucky Entertainment Forms - Kentucky Entertainment Law

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Kentucky Entertainment FAQ

What is entertainment law? 

Entertainment law generally encompasses industries involving motion pictures, television, music, publishing, and theatre. These industries have special economic and business considerations that involve nearly every area of law including copyright, trademark, trade secret, rights of privacy and publicity, securities, tax, tort, corporate law, labor law, constitutional law, international law, and so forth. The law of copyrights, trademarks, trade secrets, and patents each play a role in protecting creative rights.

The personal service agreement is a primary legal instrument in the entertainment industry. This agreement is negotiated between an artist and a company that manufactures, promotes, and distributes the artist's goods or services. The agreement often commits the artist to produce exclusively for one company for a certain period of time. Personal service agreements are often governed by statutes, and are often the subject of litigation because of the restrictions placed on the rights of artists to perform or create for other entities.

How are royalties earned and collected? 

A significant amount of income for entertainers can be acquired in the form of profits from a royalty agreement. The first step to a royalty agreement begins, for example, when a songwriter pens their original piece. From being produced in tangible form, the artist receives a copyright. The writer then may wish have their song exposed and published by a recording company. The songwriter will assign a copyright to a publisher who will market and promote the material. Those that wish to use the copyrighted material will then begin the process of establishing royalty agreements and be issued a license. The proceeds from the sales and use of the copyrighted material by anyone will then be required to pay royalties to the publisher which represents the writer selected.

Tips for Preparing Kentucky Entertainment Forms

  1. Don’t opt into any verbal entertainment agreements. Too frequently, individuals working in the entertainment business rely on verbal deals. Despite the fact that kind of contract is legally binding, utilizing it as your legal tool might cause lengthy disputes because of provisions that could be left out during contract preparation.
  2. Make sure you control the drafting process. Even if you intend to go through the Kentucky Entertainment Forms’s draft carefully before signing it, it’s preferable to make a number of revisions to be on the safe side. Then, make the needed adjustments to the stipulations as you revise the document. This way, you’ll minimize the legal issues that might arise down the road, be it a performance contract or arts agreement.
  3. Make sure that each signer of the document receives their share. This can be achieved by inviting a third-party auditing consultant who can put together an audit document. For example, they can check whether an artist receives the right amount of royalties from a film’s broadcasting. However, to prevent auditing, make sure you add proper wording in the contract regarding all financial provisions from the start. You can get all the required documents to close the deal in the entertainment industry in the US Legal Forms online library, along with the information on how to prepare Kentucky Entertainment Forms and other paperwork.
  4. Establish clear conditions on how to end the contract. Before preparing Kentucky Entertainment Forms, all parties in the contract need to outline their requirements of how they prefer to terminate it. If you work, for instance, with a third-party representative, be sure they don’t have the authority to extend the agreement for you.