The discussion that follows provides a description of the typical license terms and a more in-depth treatment of three areas of primary importance to the agreement: (1) release requirements; (2) licensed rights terms; and (3) payment obligations. The agreement usually begins with a short description of the particular motion picture licensed, the title, and the key creative elements such as its stars, director, writer, and producer. It states the country or territory to which the motion picture is licensed. The agreement will generally provide for an overall term of a number of years from the availability of certain delivery materials, actual delivery of the motion picture, or the execution of the agreement ranging from a low of one to five years to as long as twenty-five years, or in some cases in perpetuity.
Harris E. Tulchin,
Filmmakers Beware: Protecting Profits through International Licensing Agreements,
4 Vanderbilt Journal of Entertainment and Technology Law
Available at: https://scholarship.law.vanderbilt.edu/jetlaw/vol4/iss1/2