Original news and analysis on international IP policy
Royalty collection is on the rise, according to an international confederation of collecting societies, with Europe being the most fruitful market and North America showing the highest growth. Digital income now equals physical revenues from royalties, the report says, and performing rights account for the bulk of collections.
The ongoing reform of the Russian system of intellectual property may be suspended, due to recent criticism of some of its aspects by the Russian Parliament (State Duma).
The treaty on plant genetic resources held its governing body meeting earlier this month with new initiatives to bring financial sustainability to the treaty, in particular to study the possibility of a subscription system to access the treaty’s plant genetic materials. Also, the Governing Body approved the first work programme of a global information system, which includes an initiative to enhance the use of gene bank materials, to the dismay of farmers’ organisations.
At the conclusion of another round of talks for a bilateral trade agreement in Miami today, Europe and the United States negotiators said they remain far apart on the issue of protection of geographical indications. But they made progress on pharmceuticals and medical products, they said.
The Federal Circuit is no stranger to controversy. And recently, the court stepped in it again. In an important ruling, the court made it far easier for some patent owners to obtain injunctions against infringers. The ruling could promote patent litigation in many industries, boost litigation costs, and effectively undermine a key Supreme Court decision limiting the availability of patent injunctions.
Valuation of intellectual property is of growing importance to small and medium-sized enterprises in getting loans from financial institutions, IP office representatives said at a side event to the World Intellectual Property Organisation General Assembly this month.
Resale right, which refers to royalties that visual artists can claim on the resale of their work by art dealers, should be discussed at the World Intellectual Property Organization, according to an international association of authors. An international harmonised framework does not currently exist.
A private sector panel at the World Intellectual Property Organization this week explored the collaborative relationships that develop between screenwriters, producers, and directors around the world as they bring a project from an initial idea to a finished film. The panel also looked at the role of copyright law in the various stages of this film-making process.
At mid-point of the annual World Intellectual Property Organization General Assembly, numerous items are unresolved, and several facilitators are in charge of finding consensus on draft decisions, in particular on norm-setting issues and the budget of the UN organisation.
The World Intellectual Property Organization governing body started examining the work of its committees yesterday, with the hope of solving some issues that those committees were unable to solve during the year. This included the work programmes of the committees on copyright and on trademarks and geographical indications.