1-Hour Program

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Overview

Non-fungible tokens, often referred to as “NFTs”, are blockchain-based tokens that each represent a unique digital asset. These digital assets can include all kinds of content – from music, to audiovisual clips, to artwork and graphics. So what happens if the content used in an NFT was originally created under a collective bargaining agreement (“CBA”)? Or what happens if the person being engaged to create the content or perform in the content is a member of the Screen Actors Guild-American Federation of Television and Radio Artists (“SAG-AFTRA”), the Writers Guild of America (“WGA”) or the Directors Guild of America (“DGA”)? While these guilds do not (yet) expressly reference NFTs in their CBAs, there are nevertheless implications for using guild-covered content in NFTs.

Katherine M. Imp of DLA Piper LLP (US) will discuss:

  • NFTs, generally (5 minutes)
  • Use of third party content in NFTs (10 minutes)
  • Re-use fees under CBAs (10 minutes)
  • Obligations to talent under CBAs (30 minutes)
    • Actors under SAG-AFTRA (10 minutes)
    • Writers under the WGA (5 minutes)
    • Directors under the DGA (5 minutes)
    • Music composers and publishers under SAG-AFTRA (10 minutes)
  • Future considerations for using guild-covered content in NFTs (5 minutes)

 

Credit Details

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