The entertainment industry involves the provision of entertainment in show biz films, radio, theater, and television. The people and companies associated with commercial enterprises require legal representation. Being a reputable lawyer has in most cases been associated with dealing with tedious political affairs, legal law engagements/ amendments, and official matters. With modern entertainment industries and social media trends, you can be a lawyer to only represent musicians and entertainers and become one of the top entertainment attorney experts like John Branca.
The entertainment industry is a consumer powerhouse with more than $2 trillion in revenue being generated worldwide. In the sector, the industries that generate the most revenue include:
Film industry – It features movies, television shows, and video production. It generates over $110 billion per year.
Music industry – the sector entails live concerts, music tours, recorded music, and digital music platforms. It is estimated to generate about $22 billion per year.
Book publishing – this has been promoted by the introduction of digital books in educational and professional markets.
Video games – Due to the development of devices like phones, virtual reality gear, computers, and game consoles the M&E sector is rapidly in growth. Additionally, competitive gaming like esports and gambling has boosted the sector’s momentum.
Video streaming– the trend to source on-demand videos from services such as Netflix, YouTube, Amazon Prime, Apple TV, and Disney has significantly been identified as an explosive and disruptive trend. The development of simple apps like Roku and Discover also continues to shape the industry’s evolution.
Entertainment lawyers like John Branca are specialized attorneys who deal with legal issues surrounding music and show biz entertainment. This is neither a simple job compared to the rest genre of lawyers as it requires one to be familiarized with the ins and outs of the industry. Specialized legal education is a must, whether from Harvard or another reputable law school. The main tasks of entertainment lawyers include;
- Dealing with recording studios and licenses
- Handling of brands and artists representation
- Contract management
- Copyright claims
- Trademark disputes
- Estate and succession planning
As a part or beneficially of either mentioned industry, entertainment lawyers provide services such as;
- Ensuring data privacy is not breached by the media firms or consumers at large.
- Ensuring songwriters get sufficient compensation for their work
- Regulating music law and ensuring the protection of copyright owners
- Facilitating recording agreements and ensuring are adhered to.
- Ensuring the property, finances, and future of their client are secured.
The entertainment lawyers ensure artists especially the new ones are not exploited or tricked into the signing of unfavorable terms. They aid in drafting better terms that are beneficial to both parties and if things go awry or fail, they can also assist the artist find better opportunities elsewhere.