Aja Trier, a painter in San Antonio, often riffs on Vincent van Gogh’s “Starry Night,” adding dogs or dinosaurs to it, or reimagining it as a desert landscape or Mordor from “Lord of the Rings.” She sells versions on mugs and mouse pads and pillows. But thanks to the explosion of the NFT art market, thieves have started stealing her work at a jaw-dropping rate.
Apple is paying a reported $225 million to director Joe Kosinksi to acquire a Formula 1-themed racing movie starring Brad Pitt. According to former Hollywood Reporter top editor Matt Beloni, who now publishes the inside-Hollywood Substack newsletter Puck, the pricey deal includes a $40 million fee for Pitt to produce and star in the film. The agreement also calls for an exclusive theatrical window.
China’s copyright authority said on Thursday digital music platforms are not allowed to sign exclusive copyright agreements except in special circumstances, amid a regulatory crackdown on monopolistic behavior in the country’s private sector. The order comes amid a widening crackdown by Chinese regulators on the country’s technology sector, which has focused on issues such as monopolistic behavior, unfair competition and consumer rights.
Library advocates in New York say that are discussing next steps with the bill’s sponsors, while ALA issued a statement pledging that library groups, library advocates, and friends of libraries will not cease our efforts to ensure fair pricing. The New York bill would have required “publishers who offer to license e-books to the public” to also offer to license those e-books to libraries on “reasonable” terms.
Quentin Tarantino is not backing down from his plan to auction “Pulp Fiction” NFTs. The director announced the official auction dates today, despite being sued by Miramax for alleged copyright infringement. In fact, the team behind the Tarantino auction appears to be using the controversy to draw more attention to the project.
The veto comes despite strong grassroots support: in June, the bill unanimously passed the New York Assembly 148-0, and passed the New York State Senate 62-1. But the Association of American Publishers’ December 9 federal lawsuit seeking to block implementation of a similar law in Maryland sparked concern in the governor’s office.
A federal judge has issued a default judgment against a major overseas e-book piracy operation known as the KISS Library. In addition to a permanent injunction barring the service from operating, the court also awarded the plaintiffs the maximum amount of damages under the law, totaling some $7.8 million.
A 17-track album of demos recorded by Lou Reed titled “I’m So Free: The 1971 RCA Demos” was briefly released by RCA/ Sony Music on iTunes in Europe over the holiday in an apparent “copyright dump” to extend the company’s’ ownership of the recordings. The album, which was not available in the U.S., was posted on iTunes beginning on Dec. 23 but removed a couple of days later.
In theory, NFTs give creators the ability to set their own terms—including on resale royalties. But it’s important to remember we are dealing with extremely new technology. As a result, there are plenty of ways for buyers to skirt the rules. Chief among them: NFT marketplaces are not yet interoperable.
On Monday (December 20), US performance rights organization SoundExchange secured a legal victory in a royalties battle with US television service Music Choice. The court decided that the case will be referred to the Copyright Royalties Board (CRB), rather than it being heard in Federal court. SoundExchange launched a lawsuit against Music Choice to recover underpaid royalties in April 2019, following an audit of Music Choice’s royalty statements.