Author: Lutzker & Lutzker
Published: June 23, 2020
The Copyright Office has requested public comment on proposed rules that would make it easier for authors or their heirs to regain control over rights previously transferred to a third party. The statutory right to terminate a license was enacted to correct imbalances in bargaining power between authors and grantees and to allow authors to reap the benefits of later economic success of their works. The requirements for terminating a license are complicated, including how to calculate the five-year window during which the right can be exercised.
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