I know this is a suitably vague question but I am doing a personal favour for a friend and helping him negotiate a content-based license for a video he is producing.
The video is sports-oriented, specifically mountain-biking. Stills and portions may be incorporated into a television series.
The royalty provisions are for a percentage of gross and advertising over and above a set amount i.e. if the distributor will be paid above a certain amount, then my friend, the video producer will receive a percentage.
So, my question - what is the range of "industry standard" for such a video and what is customary licensing practise for such a deal; ie. is this royalty method commonly used or does the video producer "normally" receive a straight percentage of gross and advertising.
I know this is a market-driven exercise but even a wild guess is appreciated.
Regards
Lee T. Lau <lau[_at_]wedge.com> (604) 739-2110 (Phone) David Wedge Computer Law (604) 739-2123 (Fax)Received on Fri Jul 31 1998 - 22:56:56 GMT
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