How to Patent an Idea Making money off of your million dollar idea, can be rewarding, but it is not easy. Often times, to become successful, an inventor must build a business around their new product idea, or they must sell their idea to another company. Making millions of dollars off your first idea takes Read more about How to Patent an Idea (4 steps)[…]
So you have a great idea. An idea which will change the world. Your idea will make the world a better place, improve everyone’s way of life while still being profitable. You create a prototype and prove it works. The numbers show that your invention will make millions while costing very little. A large company, Read more about Dangers of Making Money From an Invention[…]
In 2018, the eSports market was valued at nearly 865 million dollars and some experts expect its value to exceed 1.79 billion dollars by 2022. The majority of this revenue is expected to come in the form of sponsorship and advertising dollars. Some will come in the form of betting, prize money, merchandise, and ticket Read more about Protecting eSports Copyright and Trademark[…]
Super Bowl Trademarks We were thankful to Kansas City Chiefs for making this year an exceptionally exciting football season as they made it to the AFC Championship Game this year. Now its time to turn our attention to the most watched football game of the year, the Super Bowl. As we get our party hats, Read more about Superb Owl or Super Bowl Trademarks[…]
Copyrights and Work for Hire Doctrine Stan Lee, the co-creator and ambassador of the Marvel Universe, died this week. From a copyright perspective, Lee’s legacy is a complicated mess. Marvel, one of the original comic book publishers introduced over 8,000 characters including those created by Stan Lee, Jack Kirby, Joe Simon and Steve Ditko. This Read more about Stan Lee’s Copyrights and Work for Hire[…]
IBM Patents add almost 1.2B to IBM’s revenue. That’s 1.19 billion dollars to IBM’s revenue as a result of its intellectual property licensing. This also includes 82.5 million which a jury recently awarded to IBM in a patent infringement suit against Groupon for infringing four of IBM’s e-commerce patents which were awarded back in the Read more about IBM patents add 1.2B to revenue[…]
The Metropolitan Museum announced access to nearly 400,000 images – for free. The Museum provides these images under an Open Access license for all public-domain works in the Met collection. The Creative Commons Zero (“CC0”) license allows use of the images without restriction. Entrepreneurs, artists, and business owners can now use and share these images Read more about The MET Announces Access to Free Images[…]
What is a Patent? Patents are basically ownership of a tool, product, or process and once ownership of a patent is obtained, anyone hoping to use the patent must pay the owner money which is typically provided under license. This payment is sometimes referred to as a royalty. Ownership of a patent is like owning property and Read more about What is a Patent?[…]
Today, the Supreme Court will hear oral arguments in a patent related dispute related to whether a drug company should be allowed to pay its competitors under a patent license agreement which is designed to prevent generic drugs from getting on the market. Some refer to these arrangements as a “pay to delay” payment, and Read more about Patent License Agreements – Pay for Delay[…]
Beginning in 2013, musicians and others who create sound recordings (or their heirs in the event of their death) may terminate previously assigned copyrights. Customarily, many recording artists assign or otherwise transfer their rights for their music under one-sided agreements with record companies for a fraction of the commercial value of the music in exchange Read more about Copyright Termination of Musical Works[…]