A company with a famous cartoon character wanted to partner with a Chinese entertainment company to create a new cartoon for the Chinese audience
Client’s challenge
Our client was launching a new tv and online cartoon in China in partnership with a Chinese internet company. They were aware that regulatory constraints dictated to some extent the relationship with their partner and management of IP. Therefore, they wanted to structure their commercial agreement and monetize their IP in a way that maximized protection whilst ensuring regulatory compliance.
Our approach
Initially we delivered an Animation Regulatory Landscaping Report which set out regulatory requirements for filming, production, distribution, importation of TV and digital content. This enabled the client to understand where the regulations dictated arrangements and where there was scope to make commercial decisions about the partnership structure and licensing of IP.
Once the landscape was understood and a commercial structure identified, we advised on potential risks and management. We drafted the IP license agreements and reviewed business contracts to ensure the client and its IP was protected and there would be no unexpected issues.
Impact of our work
Our client was reassured that the partnership structure was optimised inline with the business ambition and regulatory framework. The IP licensing agreement and subsequent licensing agreements for the creation of NFT tokens, ensured their world renowned IP was protected.