I'm thinking of uploading a video to college humour.com but were trying to make it as our own film company so we need to make sure we dont loose ownership or the right to distribute our video elsewhere.
I know we dont loose ownership but I'm not sure about distribution rights: Any and all comments, suggestions, ideas, graphics, videos, content, data and other information that you transmit to Connected Ventures through the Connected Ventures Technology ("Submission") shall remain your sole and exclusive property, and you shall be solely responsible for your Submission and the consequences of posting or publishing them. By submitting your Submissions to Connected Ventures, you hereby grant Connected Ventures and its successors a worldwide, perpetual, non-exclusive, irrevocable, royalty-free, sublicenseable (through multiple tiers) and transferable license (with a right to create derivative works) to use, copy, transmit or otherwise distribute, perform, publicly perform and display your Submissions for any legal purposes whatsoever now known or hereinafter becomes known. You also grant each user of the Connected Ventures Technology and the Website a non-exclusive license to access your Submission through the Website and to use, copy, transmit or otherwise distribute, perform, publicly perform, create derivative works of, and display your Submission as allowed by the Website and in accordance with these Terms and Conditions of Use. Any Submission you provide to Connected Ventures will be deemed public information and not subject to any confidentiality obligation and Connected Ventures shall have no obligation to maintain its confidentiality except to the extent the Submission contains personal identifiable information, in which case, Connected Ventures' Privacy Policy shall govern Connected Ventures' use of such information. By making a Submission, you waive the right to make any claim against Connected Ventures, LLC or any of its respective parents, subsidiaries, affiliates, successors, employees, agents, directors, officers, and shareholders related to the Submission, including, but not limited to, unfair competition, invasion of privacy, negligence, breach of implied contract or breach of confidentiality, and you further waive all moral rights you may have in any materials uploaded or sent to us by you. You represent and warrant that your Submissions: (a) shall be true, accurate, current, complete and not misleading, (b) shall not violate the rights of any third party, including, but not limited to, intellectual property and proprietary rights, (c) shall not be fraudulent or involve counterfeit or stolen information or items, (d) shall not violate any law, statute, ordinance or regulation, and (e) shall not create any liability for Connected Ventures or any of its respective parents, subsidiaries, affiliates, successors, employees, agents, directors, officers, and shareholders related to the Submission. You also agree to maintain and promptly update your Submissions by means of the Connected Ventures Technology in order to keep that information true, accurate, current and complete. You further represent and warrant that (i) you own or have the necessary licenses, rights, consents, and permissions to use and authorize Connected Ventures to use all patent, trademark, trade secret, copyright or other proprietary rights in and to any and all Submissions to enable inclusion and use of the Submissions in the manner contemplated by this Agreement; and (ii) you have the written consent, release, and/or permission of each and every identifiable individual person in the Submission to use the name or likeness of each and every such identifiable individual person to enable inclusion and use of the Submissions in the manner contemplated by this Agreement. You must be logged in to leave a comment.
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I'm only a 1st year at law school but that's what I can gather from contracts