Intellectual Property Attorney

Character & Corporate Licensing

Character and corporate licensing refers to the situation where the owner of a trademarked and/or copyrighted property, such as a character, or a corporation grants a license to another entity, the licensee. The license gives the licensee permission to use the property in connection with agreed upon goods or services. Character and corporate licensing is one of the largest areas of the licensing business and probably the most well-known by the public. This type of licensing arises from properties originating in feature films, television shows, videogames, online entertainment and books. A significant portion of this licensing business is aimed at the general public. Types of merchandising goods include toys, cosmetics, clothing, publishing, electronics, games and more.

As one of the leading intellectual property law firms in the world, Grimes LLC is fully versed in all of the legal aspects pertaining to Character and corporate licensing. If you need legal assistance in any matter related to this type of licensing, you should contact the firm to arrange a consultation with one of our attorneys to discuss your issue and learn how we can provide you with knowledgeable and skilled advice. Our staff has extensive experience in all areas of licensing and has represented clients across a diverse range of businesses and commercial fields.

Structuring a Licensing Arrangement

In structuring a licensing arrangement, formal permission is granted to the licensee to use the owner’s intellectual property in connection with specific goods or services in exchange for financial remuneration, such as a royalty. The license is subject to specific terms and conditions, such as geographical area and time restrictions. Licensing contracts may also include an advance payment against royalties due upon signing, a minimum royalty payable during the course of the license and a guarantee of an amount of royalties over the life of the license.

An intellectual property attorney at the firm can provide you with a full range of legal services pertaining to merchandising and character licensing throughout the United States and the rest of the world.

Grimes LLC