Entertainment Practice: O'Melveny & Myers

Law360, New York (February 2, 2009, 12:00 AM EST) -- The traditional media licensing agreement is evolving as new media changes the landscape of such deals and the industry re-evaluates its options for distributing property rights, according to Joseph Calabrese, chair of O’Melveny & Myers LLP’s entertainment, media and sports practice.

“In the typical licensing agreement, you are talking about television rights, video-on-demand rights, computer-assisted media rights — these are the big topics in financing and licensing deals as people try to figure out the economic consequences of new types of media,” Calabrese said.

For instance,...
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