Quote:
Originally Posted by Feldman
The way I remember media law or whatever they called it, you essentially buy a rights "package."
So like bottom tier is the rights to the notes of the music, but you have to get someone to play it (like cover versions), next tier buys the real version but you have limited use (maybe you can use it for a live first time broadcasts only), next level gets permanent implantation into your movie or whatever.
...caveat-- I could be remembering this all wrong. Like he said, IP law is incredibly boring.
This is similar to what I've seen, there's also exclusive rights obv. I had to do a IP law course for my degree(it was 100% focused on digital media) and have licensed music for my own work and can confirm it's extremely boring. Most laws don't move fast enough with the times and technology so there's a lot of grey areas. Those WCW rights are probably for live broadcasts and home video distribution because streaming didn't exist back then.
LKJ is right though, makes no sense for Vince to buy the rights when the return just isn't there. The lack of themes sucks but I'd be surprised if it was a deal breaker on getting the network for anyone and that's the bottom line.