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Old 11-25-2021, 08:21 AM  
celandina
Too lazy to set a custom title
 
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Join Date: Jun 2006
Posts: 10,983
Actually it shows how little you know the licensing business.

This is standard in the film and TV industry but ONLY if you sell the content. The purchaser may want to re edit, re stage, adjust, replace etc....but mainly prevent cheating and stealing.

Below quotes are from a major studio deal purchasing from the producer. I have of course replaced names with XXX. There is an option that if you do not deliver all materials after the sale you must destroy them all. That basically you are prevented from making another movie but claim its a different movie.

Quote:
a. If designated by XXX, the Licensees shall deliver to XXX (within thirty 30 days following receipt of notice from XXX as set forth above) all Tangible Film Materials that are then within the possession or under the control of the Licensees, XXX, a Licensee Affiliate, a Subdistributor or any Person pursuant to a XXX-approved Distribution Servicing Agreement. The Licensees’ direct third party costs of complying with this Section 15.1.a. shall be included in Distribution Expenses, provided such delivery shall be at the Licensees’ sole cost and expense in the event of termination for a YYY default.


b. Unless designated otherwise byXXX all or any portion of the Tangible Film Materials set forth in the Licensees’ written inventory that XXX has not instructed the Licensees to deliver to XXXshall be destroyed. The Licensees shall furnish XXX (within thirty [30] days following receipt of notice from XXX as set forth above) with an affidavit of such destruction, and shall furnish such additional verification of such destruction as XXX shall designate. The Licensees’ direct costs of complying with this Section 15.1.b. shall be included in Distribution Expenses, provided such destruction shall be at the Licensees’ cost and expense in the event of termination for a Licensee’s default.
Basically this deal prevent crooks who made the content re selling it over and over.
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