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The tax reform bill signed by President Trump at the end of 2017 (the Tax Cut and Jobs Act) has caused us to take a fresh look at many long-held assumptions about how to take into account income taxes in planning for the entertainment industry. In particular, the new legislation includes provisions that make loan-out corporations the entity of choice even more so than ever before.
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By Stan Soocher
Composers of pre-1978 works often assigned both the initial and renewal copyright terms in their works when signing songwriter agreements with music publishers. But what happens when a grant of the copyright renewal term of a pre-1978 work has been made post-1977?
Components of Legal Work On NFTs
By Bruce Love
With a significant amount of NFT activity arising from the entertainment and sports industries comes an inevitable need for legal services. But taking advantage of this economic growth is no simple matter for entertainment, media and sports lawyers. It requires an understanding not just of NFT transactions, but also of data security, intellectual property, public policy, and a whole raft of regulatory and compliance issues.
Trademark Oppositions and Coexistence Agreements
By Ben Thompson and Robert Moorman
There are frequent battles over trademark rights in the entertainment industry. Trademark publication can be an anxious part of the federal application process, with fear of aggressive opposition and costly proceedings looming in the background. But many trademark oppositions, whether they are only threatened or actually filed, afford the applicant a discussion with an opposer that can ultimately be helpful in nonobvious ways.
By ELF Staff
Notable court filings in entertainment law.
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