“The Profits Need To Be Shared:” European Producers Talk Strikes, Working With Streamers & The Importance Of Owning IP — Thessaloniki
deadline.comWho should own the intellectual property (IP) of a creative project, and who has the right to earn profits from it? Those were some of the questions tabled this afternoon on the first day of AGORA series — the Thessaloniki Film Festival’s hybrid film-series industry symposium.
The festival’s panel on IP was chaired by Alexandra Lebret, Managing Director of the European Producers Club. Speakers included Alex Traila, Programme Μanager at Council of Europe, Amanda Livanou, founder of Neda Film, IP expert Elli Filippopoulou, Beta Film producer Ferdinand Dohna, and Paper Entertainment CEO Julien Leroux, who appeared to have the most definitive answer to the day’s questions. “The profits need to be shared.
And, for that, we need to find a balanced solution where rights and IP can be shared,” Leroux said. “All the fights with the guilds in the US are really about this.
There is no reason why all the profits, and we’re talking 100% of the profits, should stay on one side, meaning the streamers and studios.” Leroux, whose credits include the Apple TV series Tehran, starring Glenn Close, added that it is often “very difficult” to identify which projects may turn out to be valuable when deep in development.
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