Friday, 10 February 2017

Exclusivity Agreement in the Film and TV Industry

Exclusivity Agreement in the Film and TV Industry


Exclusivity Exclusivity Agreement is the agreement that is between two or more parties to purchase goods exclusively from the specified seller in the agreement. This is an understanding that the buyer will not obtain or solicit the good that are provided by that seller while in the time period of the agreement. An example of an exclusivity agreement in the film and tv industry is that The X Factor has an exclusivity agreement to only be shown on the channel ITV and can not be shown on any other channel otherwise this could be a breach of The X Factor's exclusivity agreement with ITV.  

These exclusivity agreements are between usually between two or more companies. A benefit of exclusivity agreements are that if a seller has their hands on a product they would have the ability to sell that product for however much they wanted because that seller is the only one with that product and has the right to sell it to another company for however much they desire and if it's good enough companies would be willing to buy it. 

Confidentiality

Confidentiality agreements are a non disclosure agreement and is a legal contract between two or possibly more companies that outlines confidential material, knowledge or information that those two or more companies have wished to share with each other. Confidential agreement are similar to exclusivity agreements because companies may want to keep their agreements that they make with other companies confidential so that other companies wont take it upon themselves to compete against the buying company so they don't have to pay an excessive amount of money. 

Bibliography 

http://uk.practicallaw.com/4-107-6577

https://www.rocketlawyer.com/document/exclusivity-agreement.rl#/

http://www.ipwatchdog.com/2008/01/03/what-is-confidentiality-agreement/id=31/

http://www.darlingtons.com/blog/exclusivity-agreements-advantages-and-risks

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