Subsidiary Rights

Subsidiary rights are the rights to use a work in a way that is not covered by the primary rights. For example, the primary rights to a book might include the right to publish the book in hardcover, paperback, and e-book format. The subsidiary rights might include the right to make a movie or TV show based on the book, the right to sell the book to foreign publishers, and the right to produce merchandise based on the book.

The owner of the primary rights to a work typically owns the subsidiary rights as well. However, it is possible for the owner of the primary rights to sell or license the subsidiary rights to someone else. For example, a book publisher might sell the movie rights to a film studio, or a toy company might buy the rights to produce merchandise based on a book.

The price of subsidiary rights can vary depending on the work in question and the market for the subsidiary rights. For example, the movie rights to a popular book might be worth millions of dollars, while the rights to produce merchandise based on a less popular book might be worth only a few thousand dollars.

Subsidiary rights can be a valuable source of income for creators of works of art, literature, and other intellectual property. By selling or licensing the subsidiary rights to their work, they can earn additional money that can help them to support themselves and their families.

In addition to generating revenue, subsidiary rights can also help to promote a work of art or literature. For example, a movie or TV show based on a book can help to introduce the book to a wider audience, which can lead to increased sales of the book. Similarly, merchandise based on a work of art or literature can help to raise awareness of the work and attract new fans.

Subsidiary rights can be a complex area of law, and it is important to consult with an attorney before entering into any agreements related to subsidiary rights.