Software and music licensing

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Software / Music Licensing

Dr. Kalyan Kankanala

[email protected]

Blog:www.bananaip.com/sinapseBooks: www.kalyankankanala.com

Software and IP

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Software

Types of IP

• Patents

• Copyrights

• Trade Secrets

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Transfer

Assignment

License

• Exclusive

• Non exclusive

• Sole

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Important clauses

RecitalsDefinitionsGrant RoyaltiesTerm and Termination

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Recitals

• Parties – Licensor/Licensee

• Addresses

• Dates

• Background of the transaction

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Definitions

• Interpretation clause

• Consistently used words– Specific/certain/lucid

• Attribute specific meaning

• Apply to entire agreement

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Examples

"Licensed Software" shall mean the proprietary software of the Licensor, entitled 'TalkSoft', for voice enabled screen reading.

"Licensed Intellectual Property" shall mean

• a. Patents and patent applications covering the Licensed Software in USA and India, bearing numbers In123, and US879; and

• b. Copyrights over the object code, source code, and interfaces of the Licensed Software.

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Grant Clause

Most important

Defines scope of agreement

States– Parties– Type– Subject– Rights– Territory– Term

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ExampleLicensor grants to Licensee a non-exclusive

license to use the Licensed Software within the territory of India from 1st January, 2015 to 1st January, 2016.

• Who grants to whom – Licensor to Licensee.

• Type of license – Non-exclusive License

• Rights – Use Licensed Software

• Territory – India

• Dates – January, 2015 to 1st January, 2016

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Term and Termination Term

Events• Material Breach – Nonpayment of royalty, etc.• Bankruptcy• Act of god

Rights after termination

Confidentiality

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Royalty ClauseType of Royalty

– Lump sum royalty– Fixed Royalty– Running royalty

Combination.

Mode and Date of payment

Accounting and Record keeping

Non payment consequences.

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Example

The Licensee shall pay the Licensor a consideration of:

• a. Rupees Ten Lakhs as lump sum payment before the Effective Date of the agreement; and

• b. A sum of Rupees Ten Lakhs for every calendar year for the term of the license.

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Other Clauses

Indemnity

Warranty

Liability

Support and Maintenance

Updates and Upgrades

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Open Source Licenses

Principles

• Free Distribution

• Source Code

• Attribution

• No Warranty/Liability

• License

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Examples

• Viral – GPL

• Flexible – BSD

• Restrictive - MPL

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Types of Licenses

• Standard

• Shrink wrap

• Click wrap

• Browse wrap

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Music

Types of IP

• Copyrights

• Performer's Rights

• Publicity Rights

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Music Licensing

Works

• Lyrics – Lyricists

• Musical Composition - Composers/Music Directors

• Performances - Singers/Musicians

• Sound Recording – Record Label/Production House

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Music Licensing

Acquisition

• Work for Hire

• Assignment/License

• Credit-Compensation-Control

• Royalty Share

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Licensing• Grant - Work, Type of License, Rights,

Mode/Means of Exploitation

• Limitations

• Royalty/Consideration - Lumpsum, Fixed, Running, etc

• Sub-licensing

• Derivative works

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Available On

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Any Questions, Comments or

Observations?

Blog: www.bananaip.com/sinapse

Books: www.kalyankankanala.com