The new Act emerging from Tamil Nadu has made the written agreement mandatory to grant legal status for all...
A copyright assignment is the transfer/ assigning of ownership from a copyright holder to another person or organisation. A copyright holder is the creator of a work, but may decided on signing an agreement over to a publisher, or record label. This usually occurs because publisher and record labels possess more resources than that of an author that prints copies of the work and distribute the work to a large set of audience. Most times, the publisher or record label may supply the author with a monetary advance so that the author can begin creating the work.
Assigning ones copyright over to a publisher can sometimes be on the downside in scenarios such that you may receive only a part of what you would have received holding a copyright. This means that a person may lose a part of the creative control over his/her work. For example; the decision of turning a book into a movie may now rest with that of a publisher and not you.
An alternative of assigning a copyright to a publisher is that, you can assign only a limited part of your work to a publisher. In some cases one can retain a copyright and get business advantages from the publisher. However, there is ongoing debate as to who owns copyright. Like any other contract/ agreement, a copyright assignment must be written to avoid any future confusion.
The author of a work is the owner of the work unless he assigns a copyright to a publisher or someone else to be a partial owner of the work for a specific time. Transfer of copyright in future is mentioned under Section 18(1) of the Copyright Act, 1957 states that, any prospective owner of a future work may assign his copyright. However, the recent amendment of 2012 made it clear that such an assignment will not extend to those mediums or modes of exploitation which did not exist at the time of assignment.
Section 19 of the Copyright Act lays down the requirements to assign a copyright.
All of the above laws have come into force as a relief to authors that strengthens their position as new modes of exploitation of their work come into existence. These modes of exploitation keep changing due to scientific developments.
For example; Initially, there used to be video cassette recorders and currently we have MP3 players, iPods, and other music players that are available. We cannot foresee the technological improvements that are yet to come in the near future and therefore the assignment of copyright that is made today will only covers those modes of exploitation that are available currently.
A Copyright Assignment Agreement must contain the name and details of the owner and the other party, assigning date, material that is assigned, payment etc. You can now create your Copyright Assignment Agreement with LegalDesk.com using our Do-It-Yourself platform and opt for your document to printed on Stamp Paper and delivered using our Print-n-Deliver service. If you want us to draft this agreement for you, customizing it as per your requirements, then do place an order by clicking the button below. Try our service now!
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