Common use of Library Content Clause in Contracts

Library Content. Except as provided in Paragraph 1 above, exhibition on Max of Library Content, the principal photography of which commenced on or after July 1, 1971, shall be subject to the percentage residual formula set forth in Paragraph 1.a. (‘License for Limited Period or Fixed Number of Exhibitions’) of the Sideletter on Exhibition of Motion Pictures Transmitted via New Media.

Appears in 2 contracts

Sources: Memorandum of Agreement, 2023 Wga Theatrical and Television Basic Agreement