At the request of both the American Society of Composers, Authors and Publishers (ASCAP) and Broadcast Music Inc. (BMI), the Department of Justice (DOJ) opened up an inquiry into the effectiveness of consent decrees in response to the changes of the music industry.
While the DOJ has elected not to modify consent decrees, it has made the determination that “full-works licensing” is required under the consent decree.
This decision has received mixed reactions.
In this presentation, attorney Julian Cordero goes over what the DOJ intended by allowing for full-works music licensing, developments of what occurred following the DOJ determination, and what this means for the future of the music industry.
Julian Cordero is the founder and managing attorney of Cordero Law LLC, a law firm headquartered in New York City, where he focuses on Business Law, Entertainment Law, and Intellectual Property Law.
Julian concentrates primarily on the transactional practice of law, focusing the majority of his time on contract drafting, reviewing, and negotiating. Some of his most important recent endeavors in this field include the drafting of multi-million dollar service contracts, negotiating cross-licensing agreements for major companies with vast intellectual property portfolios, and the representation of numerous musicians and independent labels in the negotiations of various music and distribution agreements.
In addition to his work with contracts, Julian also spends a considerable amount of time working on the structuring and formation of new businesses, performing trademark searches and registrations, and advising small businesses on their overall legal needs.
Very basic but also included dome up to date info important to entertainment law practioners
a topic that I knew very little about before now
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