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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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The Other Recent Infringement Lawsuit Judgment Over Ed Sheeran’s ‘Thinking Out Loud’
By Stan Soocher
The lion’s share of attention to copyright-infringement claims against Ed Sheeran over his 2016 Grammy-winning Song of the Year “Thinking Out Loud” recently focused on the trial in New York federal court. But in September 2022, a related infringement suit over the same songs’ matching chord progression and harmonic rhythm was allowed to proceed.
Current Landscape of NIL Contracts Under NCAA Policy
By Phil Petrina
As we wait to see if Congress does indeed adopt a preemptive federal standard on NIL, the question becomes: What do business owners, interested investors and attorneys need to know prior to signing a college athlete to a NIL contract under the current landscape?
IP Experts Discuss AI Art Copyright Litigation
By Isha Marathe
IP experts weigh in on a case involving AI-created images based on an original work. The outcome of the case may have a significant impact on AI development and generative art.
No Bad Faith Found In Tidal Streaming Service Investment
By Ellen Bardash
Block Inc.’s board may have made a bad deal when it acquired music-streaming company Tidal, but that’s its right without evidence of bad faith.
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