Not OT in my opinion. Your number is the present value of the
anticipated revenue stream after costs are recovered. My gut reaction
is that they wouldn't be indie films if there was an anticipated
revenue stream. If you find somebody who appraises hopes and wishes,
opposing counsel should ask if he'd buy them for ten percent off. You
can't "average out" a mile of red ink against imaginable blockbuster
profits. You have to pull the asset out of the basket and deal with
it separately. You can either share unrealized losses, as well as
profits, going forward; or you can determine fair market value by
finding a willing buyer, either a third party or the spouse, whose
bona fide offer sets a ceiling or floor on fair market value,
depending on whether the copyright owner accepts or refuses the offer.
John Noble
At 6:15 PM -0500 1/5/06, Theodora Michaels wrote:
>Somewhat OT so please reply directly. I'm in need of one or more
>experts to determine the value of several copyrights at issue in a
>divorce settlement negotiation. There are two indie films in post
>production, songs, recordings, books and artwork. These are
>relatively low-profile works so I don't need a "top" expert, just
>someone competent. The parties are in NYC if that matters. Thanks
>for any recommendations.
>
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Received on Fri Jan 06 2006 - 22:00:00 GMT
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