Entertainment Law Update Podcast Episode 030 – The JOBS Act, Crowdfunding, and more

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In this Episode:

• Crowdfunding after the JOBS Act becomes law
• Viacom wins appellate round against YouTube
• Magic Tricks – how to keep 'em secret
• Art Collector v. Artist?
• and more…

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Hosts:

Gordon Firemark

Websites:   https://firemark.com, http://theatrelawyer.com,
Twitter: @gfiremark

Tamera Bennett

Website:   http://createprotect.com
Twitter: @tamerabennett

 Guests

Peter Kaufman joins us again for  this episode.

Website: http://dealfatigue.com
Twitter: @dealfatigue.

Also with us, in the studio:  Chris Blake, one of our interns, just completing his 2L year at Pepperdine Law.

Show Notes

CROWD-FUNDING AND THE JOBS ACT

JOBS ACT/CROWD-FINANCING

Lexology: http://www.lexology.com/library/detail.aspx?g=ad3e7f78-fc57-4909-8d5e–dd9ac6cc6ef7

Key points of the bill:

• Allows equity-based crowdfunding
• Removes prohibitions on general solicitation of Regulation D offerings
• Creates an IPO “on ramp” –
• Increases threshold for Regulation A “mini public offerings”
• Raises cap on private shareholders from 500 to 2,000

EFFECT ON FILM FINANCING

Filmmaker Magazine: http://www.filmmakermagazine.com/news/2012/04/how–the–jobs–act–will–transform–independent–film–financing/

THEATRE: THE GODSPELL EXAMPLE

NY Times: http://mobile.nytimes.com/2012/04/19/theater/for–godspell–on–broadway–crowd–sourced–producers.xml?single=1

VIACOM/YOUTUBE FOLLOW-UP

Lexology: http://www.lexology.com/library/detail.aspx?g=76982154-a450-4e75-a3d8-7b928cbb3865&utm_source=Lexology+Daily+Newsfeed&utm_medium=HTML+email+-+Body+-+Federal+section&utm_campaign=Lexology+subscriber+daily+feed&utm_content=Lexology+Daily+Newsfeed+2012-04-23&utm_term=

Link to Slip Opinion http://www.ca2.uscourts.gov/decisions/isysquery/c5792ca8-db37-4107-b0f7-67548a6a5a5f/1/doc/10-3270_10-3342_opn.pdf#xml=http://www.ca2.uscourts.gov/decisions/isysquery/c5792ca8-db37-4107-b0f7-67548a6a5a5f/1/hilite/

Last Samurai – Copyright Script Jury Verdict

THResq: http://www.hollywoodreporter.com/thr–esq/last–samurai–zwick–herskovitz–win–lawsuit-309268

Teller sues over magic trick reveal

THREsq: http://www.hollywoodreporter.com/thr–esq/penn–teller–lawsuit–reveal–secrets–youtube-312296

Art Collector seeks to stop photographer from selling Digital Reprints

Entertainment Law Matters: http://www.entertainmentlawmatters.com/?p=2119

Tupac Hologram performs ‘live’ at Coachella Music Festival

Billboard: http://www.billboard.biz/bbbiz/industry/legal–and–management/tupac–coachella–hologram–very–unique–legally-1006792552.story

Amazon Studios revises terms for writers

Filmmaker Magazine: http://www.filmmakermagazine.com/news/2012/04/amazon–studios–revises–terms–for–writers/

Music royalty settlement announced on mechanical royalties

Lexology: http://www.lexology.com/library/detail.aspx?g=4df04006-c8f1-428c–be5b-9f8f47935e9a&goback=%2Egde_2824501_member_109202270

Until next time…. that's showbiz!