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U.S. Treasury Study Rejects Immediate Need for New Regulation of Art Market

LexBlog IP

art market, the Report concluded that there was no immediate need to impose new regulations on the art market to combat money laundering and terrorism finance. Yet the Report also discussed how the art market remains susceptible to money laundering and describes how market participants can minimize this risk. Background.

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Bungie & Ubisoft Reach $300,000 Settlement With Ring-1 Cheat Sellers

TorrentFreak

In a market saturated with tens of thousands of games spanning dozens of genres, videogamers don’t have to look far to find the next big challenge to conquer. io but active on hundreds of forums, websites and social media accounts. Bungie and Ubisoft Sued Ring-1.

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Nintendo Wins High Court Injunction to Block Access to Pirated Switch ROMs

TorrentFreak

In an injunction application dated December 2, 2021, Nintendo requested a website blocking order under section 97A of the Copyright, Designs and Patents Act 1988. It targeted six major ISPs (BT, EE, Plusnet, Sky, TalkTalk and Virgin Media) demanding that they block subscriber access to five domains carrying NSW2U and NSWROM branding.

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Centering Artists’ Voices Within IP Discourse

IPilogue

On the one hand, social media has enabled global sharing of news and creative media. E: What advice would you give to fellow artists and makers on social media on sharing their work? E: What would you like to see happen in terms of the culture of social media artists and their followers?

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A Brief Thematic Review of Non-Fungible Tokens and their Copyright

IP and Legal Filings

The media industry as a whole encourages creativity and innovation, and copyright is crucial for digital media platforms. Media platforms, such as social media, are utilised to carry out their professional, commercial, and private functions. They serve as a medium for new ideas, images, and sounds.

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NFTs: Friend or Foe for Brand Owners?

Corsearch

If you were told 15 years ago that a personal post on your social media could be worth millions of dollars, would you believe it? In October 2021 this event came to pass; the very first Tweet posted by Twitter co-founder Jack Dorsey was ‘minted’ (created) as an NFT and sold for a staggering $2.9

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NFT Update:  5 Recent Lawsuits Show a Glimpse into Future Legal Battles Involving NFTs 

LexBlog IP

As previously reported on this blog , non-fungible tokens (or “NFTs”) recently emerged as one of the hottest new items on the art market—artists, auction houses, museums, sports organizations and others have jumped at the chance to create and sell their own versions of these unique tokens. Copyright Claims: Roc-A-Fella Records Inc.