Clauses Exercise and Case Study
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1. Personal services contracts: Recent news developments have highlighted the importance of the contents of your personal services contracts (ie for actors, directors, important designers, producers, etc. ) For example, some recent issues have called to prominence the need for “morals clauses,” sometimes called behavioral clauses. I would like you to gather three examples of clauses you think will be important in the personal services contracts for your imaginary project(eg. a film/ a TV show/ an advertisement of a famous celebrity/idol group), other than a morals clause. Please explain why these clauses are important to your project. This should be one page of examples of clauses and brief explanations.(1 page, single-spaced)
2. Edit acquisition contract& write description of reason of using clauses: Please edit and revise the contents and language of the acquisition contract for a piece of intellectual property that you need for an imaginary project: Acquisition Contract for TFBOYS Cartoon Film(attached). It is based on an idol group that truly exist. Do some background research and fact check if needed. But also make sure to use your imagination assuming that you are really making this film project! It is a very brief draft that need help. Feel free to add and delete things. You can change it to make it make more sense in logic and flow. The contract should have a minimum of 10 clauses and it should be limited in 3 pages, single-spaced. There should also be additional description of why you chose each clause on separate pages(other than the 3 pages).
You may use pre-existing contract language from formbooks. Your own intellectual contributions include: choice of clauses, drafting a contract that makes sense in the situation and will be effective, and proper customization of the clauses for your purpose as well as the description of why you chose the clauses.
3. Case Study: Please read the case study: Live Nation and Pharrell Williams, and provide your best answers to the following questions. Refer to the case study itself and also make own analyses.
Questions:
- What does Pharrell’s group of business strategies work to maximize his business?
- What are the high profit margin businesses for Live Nation? Why? Why do they need the low-margin business?
- What kinds of protections might Pharrell use in his contracts with Live Nation, or his Agent/Representation? Minimum of three.
(two pages, single-spaced)
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