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IP Earnings
Cash Streams Most Don’t Know About… Kris and I try to help writers understand IP, in one way or another, through blogs, through workshops, and many other ways over the years. But two things happened today that just made me shake my head. First off, I read an article on Facebook that I now can’t find (but I am sure Google will help you) on how much actors make from residuals of old shows like Mash, Cheers, Friends, and so on. The amount for those who signed good contracts is staggering. Sometimes up to 20 million a year. That’s right, for work they did years ago. (see where this is…
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Licensing Transition
A One Year Journey… Ever wondered how to get your nifty novel series or book with fun characters from a book to licensees who might want to make it into shirts, wine, movies, games, dolls, and who knows what else? That very question, the transition from IP to license is the subject of a one year course we are doing on Teachable. I just posted the last three videos on the Learn Along Licensing. And that one will go away shortly. But now, starting here on July 1st and running until July 1st, 2020 is Licensing Transition. It is not a workshop or a lecture or a pop-up or anything…
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Intellectual Property
This is Called IP for Short… Patent, Copyright, Trademark, and Trade Secrets. All are forms of IP. Writers deal mostly in copyright. That is what we license, but few writers know anything about what they license. And this post will not be a long, dull screed on copyright, I promise. In fact, it will be fairly short. I want to deal with value of copyright is all. A simple topic, right? Nope. “Patents, trademarks and copyrights generally have associated costs and are usually capitalized as assets on the balance sheet.” Oh, oh… So how do you figure the value of that asset when a copyright will last the life of…