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Nonfungible tokens (NFTs) are the latest cryptocurrency craze. These one-of-a-kind-collectibles have dramatically risen in popularity and have penetrated mainstream marketplaces. Since NFTs are often associated with images, videos, music, and other content, the relevance of copyright law is critical to this evolving marketplace, and it likely will take time to learn exactly how copyright law will apply to this new technology under different circumstances.
Recently, an NFT of artwork by the digital artist Beeple sold at Christie’s Auction House for $69,346,250. Many other interesting examples are in the news, spanning from tweets to sports cards to memes. The financial backing to support this fledgling form of cryptocurrency has the attention of investors as well. Forbes reported on March 23, 2021, that sports card marketplace Dibbs raised $2.8 million in seed funding to be used to support its collectables marketplace pl
Mon, Apr 12th 2021 12:01pm
Cathy Gellis
This decision, Andy Warhol Foundation for the Visual Arts v. Goldsmith, came out only a few weeks ago, yet before the Supreme Court ruled in Google v. Oracle. In light of that latter decision it s not clear that this one is still good law. Then again, it s not clear it ever was.
The decision is the latest by a Court of Appeal eviscerating fair use. I recently wrote about the Ninth Circuit s ruling in Dr. Seuss Enterprises v. ComicMix, which also undermined fair use. To be fair, this latest one is perhaps a little less egregious. In this case, for instance, the copyright holder the court ruled in favor of is still alive while the defending party (referred in the decision as AWF) is the successor of someone who is dead. Whereas in the Dr. Seuss case it was the other way around, with the court going out of its way to let the successor to a dead person s copyrights stick it to a live creator trying to make new works the dead person was never g
Origin
On the heels of American rapper DMX’s death in April 2021, a number of online rumors circulated online about the circumstances in which he died and what was to be done with his estate.
One such rumor claimed that hip hop royalty and married couple, Jay-Z and Beyonce, were set to buy DMX’s collection of original recordings for $10 million with the intention of giving all proceeds to his “17 kids for free.”
Jay Z is doing another legendary act for the culture of hip hop.
Jay Z and Beyonce are buying back DMX s masters for $10,000,000.00 and will give to his 17 kids for free. pic.twitter.com/5PwwdREbai
An Oak Park man has been ordered by a judge to pay $500,000 to his former girlfriend after he published her nude photographs and videos on a pornography website.
The judgment was signed Thursday by Oakland Circuit Judge Phyllis McMillen, who also ordered that the man must remove from the Internet any of the woman’s images he published that show her “in a partial or full state of nudity and/or engaged in sexual activity,” and that he must immediately destroy all such images that he possesses.
If he fails to do so, he could be jailed through the judge’s power to declare him in contempt of court, said the woman’s lawyer, Mt. Clemens-based Kyle Bristow.
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Facebook, Princeton Judge Unlikely To Toss AI Data IP Suit
Law360, San Francisco (April 7, 2021, 10:56 PM EDT) A California federal judge said Wednesday that he s not inclined to dismiss a 3D-imaging firm s copyright suit accusing Facebook and Princeton University of illegally downloading its data to use in artificial intelligence projects, saying it s high time the case moved forward.
At Wednesday s hearing, the social media giant and the Ivy League university urged U.S. District Judge William H. Orrick to toss Lithuania-based 3D-imaging firm UAB Planner 5D s copyright claims against them, arguing that the U.S. Supreme Court s 2019 opinion in Fourth Estate Pub. Benefit Corp. v. Wall-Street.com precludes Planner 5D from simultaneously seeking reconsideration by the U.S. Copyright Office and.