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GLOSSARY

Sequels definition

Published by a LexisNexis In-house Advisor expert

What does Sequels mean?

‘Sequel’ means any film or television film made by the company, its assignees or licensees subsequently to the film which contains substantially the same leading characters as those contained in the work or the film, but a story that is substantially different from that contained in the work or the film whether such sequel is temporally prior to, concurrent with or subsequent to the events portrayed or occurring in the work or the film.

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Literary rights option agreement

Literary rights option agreement This Agreement is made on [insert date] between the following parties (each a ‘party’ and together the ‘parties’): Parties 1 [insert Company name] a company incorporated in England and Wales whose registered number is [insert Company number] and whose registered office is at [insert registered office] (the Company); and 2 [insert Author name] of [address] (the Author). Background (A) The Author is the owner of the worldwide copyright in the literary work published by [name] entitled [title] (the Work). (B) The Author has agreed to option and assign to the Company certain rights in and to the Work subject to the conditions and for the consideration set out in this Agreement. The parties agree: 1 Definitions and interpretation 1.1 The following definitions apply in this Agreement: Act • means the Copyright, Designs and Patents Act 1988; Final Budget • means the above and below the line production budget of the applicable Production (as approved by the financiers of...

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