Industry jargon not your thing? Our glossary will enlighten you!
The license law regulates the terms of use of copyrighted works between the rights holder and the licensee. It enables the licensee to use the work under certain conditions without transferring ownership rights. These legal agreements are essential in the music, film, software and other creative industries.
License types: There are exclusive and non-exclusive licenses. Exclusive licenses grant the licensee sole rights of use, while non-exclusive licenses allow use by several parties.
Terms of use: The terms include scope of use, duration, geographical restrictions and financial conditions.
Copyrights: License law protects copyrights and ensures that creators are compensated for the use of their works.
Licensing law promotes the distribution and use of creative works while at the same time protecting the rights of authors. It enables flexible adaptation to different business models and user needs. Challenges lie in the complexity of the contracts and the need to monitor compliance with the license conditions.
An exclusive license entitles only the licensee to use the licensed work, excluding others, including the licensor, from using it.