Let’s make a deal!

Let’s make a deal!

It is important whenever building a strong business plan that you seek the knowledge of an industry professional with the experience pertinent to your path to success. Research plays a major role in this as well. In this case we look at the legal aspects of the business plan. Legal protection is a primary concern for any business that plans to survive the sharks.

After having a chance to speak with a few industry professionals in the legal side of the entertainment industry, I felt a little more confident in my ability to determine the necessary legal restraints and processes required to pursue and maintain a healthy business. Once I had a chance to make contact with legal counsel members Aristdef Diaz and Lashsan Thomas, I asked them a number of short questions to get the ball rolling in the right direction.

I began by asking them a series of questions about their career. I asked each of them their title and years of experience. Together they held about 18 years. Lashsan seemed to have only about three years of experience. The next topic of discussion was contracts. After establishing the lines of communication both councilmembers had quickly explained to me that there are no magical answers to contracts. Each one could be different upon their review. They both explained that there was no main law to abide by, just typical guidelines like we learned in Advanced Entertainment Law.  She also specified to me that “beat contracts” are known as production contracts. Once I asked each one about the stipulations concerning Beat Kompete, she turned up with few responses.  Lashsan mentioned that I would need the proper information to maintain user-generated data. Contracts would be a must, also to include composition contract agreements, sampling contracts, and PRO protection. The site itself will need a venue agreement for online services.

I thanked both of them for their time. From that point, I felt I had a better understanding of the typical stipulations involved with my future plans. So…For a beat battle site, what other issues do you think will up rise?