Prequel, Sequel and Spin-Off Rights Sample Clauses
The Prequel, Sequel, and Spin-Off Rights clause defines who holds the rights to create derivative works based on the original property, such as stories set before (prequels), after (sequels), or in the same universe (spin-offs) as the original. This clause typically specifies whether the original creator, producer, or another party can develop or authorize these related projects, and may outline any compensation or approval processes involved. Its core function is to clarify ownership and control over future expansions of the intellectual property, preventing disputes and ensuring all parties understand their rights regarding related content.
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Prequel, Sequel and Spin-Off Rights. The radio and Podcast prequel, sequel, and spin-off rights (as such terms are understood in the entertainment industry) in respect of a Script for a Play, Original Series or (if available) of a Source to Script Transfer, and as regards any additional Format element or character contributed by the Writer in respect of a Series (other than a Long Running Series) where the BBC owns or provides the Format are reserved to the Writer provided that:
5.7.1 the Writer hereby grants to the BBC the exclusive first option to acquire such rights throughout the world on terms to be agreed in good faith and to the Writer being offered the opportunity to write the Scripts for the programme or programmes subject to the Writer’s availability to meet reasonable delivery deadlines during the period ending two years following first Transmission of any single programme based upon the Script or if a Series is made upon termination under clause 5.1 of the Series Rights
5.7.2 upon expiry of the BBC’s option the BBC shall be notified in writing prior to such exploitation through BBC Business Affairs and the Writer shall procure that the BBC shall be contractually entitled to a credit to be included in any third party production made in exercise of such rights.