Merchandising Rights facts
While investigating facts about Merchandising Rights Star Wars and Merchandising Rights Clause, I found out little known, but curios details like:
20th Century Fox, convinced that Star Wars was going to flop, agreed to George Lucas’s proposition to forgo an additional $500K directing fee in return to keep licensing and merchandising rights for himself. This decision cost Fox billions and made George Lucas a Billionaire.
how to get merchandising rights?
20th Century Fox gave up merchandising and sequel rights to Star Wars in exchange for Lucas accepting a $150,000 salary instead of $500,000. George Lucas made over $7 billion from Star Wars.
What are the five rights of merchandising?
In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what are the six rights of merchandising. Here are 11 of the best facts about Merchandising Rights Definition and Merchandising Rights Agreement I managed to collect.
what are the 6 rights of merchandising?
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Due to Studio Ghibli's retention of the merchandising rights to Spirited Away. Disney's advertising was limited, and Spirited Away was only mentioned in a small scrolling section on Disney's official website. The promotion of the film was given a worse treatment than Disney's own B-movies.
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If you receive merchandise (for example: from an online vender) that you didn’t order, you have a legal right to keep it as a "free gift", and you aren't even legally obliged to notify the seller you're going to keep it.
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Country Radio DJ Bobby Bones filed for the "all purpose" rights to put the slogan "Make America Great Again" on merchandise, and exchanged the rights for a donation to St. Jude Children's Research Hospital. The asking price for the donation was $100,000 but the actual amount was undisclosed.
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If you receive merchandise in the mail you did not order, legally you have the right to keep it
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George Lucas accepted a low directors and writers pay from the studio for a new hope in exchange for merchandising rights. Star Wars has made 32 billion dollars in merchandising rights over the years as of now.
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Fox sold all the merchandising rights for Star Wars to George Lucas just so they could save $20,000 from his salary
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The controller of the rights to Tolkien's works, involving stage productions, motion pictures, merchandise etc... died in 2014...on J.R.R.Tolkien's birthday!
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A boxing fight between Mayweather & Pacquiao had 4.4 million Pay-Per-View buys, making over $410 million. With ticket sales, international rights, broadcasts in bars, sponsorships and merchandise, it generated over $500 million in revenue, more than any other fight in history
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George Lucas owes most of his wealth to cutting 70% of his director salary for Star Wars: A New Hope in exchange for merchandising rights and the rights to all future sequels
