In 2021, Sony Entertainment Television bought rights of the series Shark Tank’ from Emmy-winning ABC with a view to start its own version ‘Shark Tank India’. The show first aired on television on 16th December 2021 and ran on weekdays from 9pm to 10 pm on Sony TV. The format of the show was that a…
Author: LAW BEES
EXISTENCE OF SMART CONTRACTS IN THE SPORTS INDUSTRY, BY ISHAAN MICHAEL
INTRODUCTION “Smart Contracts” are a critical component of many platforms and applications being built using blockchain or distributed ledger technology.[i] Simply put, smart contracts are lines of code that are stored on a blockchain and automatically execute when predetermined conditions are met.[ii] The benefits of smart contracts are most apparent in business collaborations, in which…
A BRIEF INSIGHT ON PRIVATE EQUITY INVESTMENT IN SPORTS INDUSTRY, by ISHAAN MICHAEL
INTRODUCTION The Indian Premier League’s (IPL) Ahmedabad franchise has been sold to CVC Capital Partners (Irelia Company Pte Ltd) for Rs 5625 crore, making it the first international company to do so. Prior to that, Financial Times reported that RedBird Capital Partners, a US investment group founded by former Goldman Sachs executive Gerry Cardinale, had…
A Brief Analysis of the Financing Mechanism of Sports Infrastructure in the Pandemic, by Ishaan Michael
Introduction Sports activities are considered to be one of the major driving forces for economic development and are considered to be an essential sector in various economies. The sports sector is famous for the mega sporting events that require proper dedicated sports infrastructure, along with training facilities and sports complexes. These sports events and infrastructure…
Is Indian Cricket Board a State under the Indian Constitution?, by Shrey Tandon
The introduction of the new economic policy of liberalization in 1991 which enabled the private sector to exercise Statutory Rights came to be a major concern. The globalization of sports had shifted the focus of legal order to certain International and National sports organization. These Global and National associations would take their own decision which…
WHO PAYS FOR THOSE WHO ARE NOT PLAYING? A BRIEF NOTE ON SPORTS INSURANCE – Ishaan Michael
I came across a post by Mr Anubhav Roda, a seasoned sports professional, where he has beautifully explained the mechanism followed in the case of payment of Chennai Super Kings’s strike bowler Deepak Chahar’s mammoth league fees despite his absence from play due to injury, in the 2022 season of the Indian Premier League. He…
BRIEF ON DE MINIMIS DOCTRINE AND MUSIC SAMPLING, BY ISHAAN MICHAEL
Music sampling, the process of cutting and inserting part of an older recording into a new one, is a common but controversial practice in the music industry. Young artists without recording equipment of their own, and even big recording studios looking to save time, can easily sample a clip to place in their new song….
REGULATING THE OTT PLATFORM- A NEED FOR CENSORSHIP, BY NITISHA MOHANTY
The blog would discuss the balanced regulatory framework that is effective for OTT platforms along with the requirement for censorship of content and the laws that are enacted to regulate the platforms. INTRODUCTION The Internet has become a platform for unprecedented freedom of speech and expression. You can say or do almost anything online, without…
Copyright of Songs, by Devesh Tripathi
Who owns the copyright over songs? Singer, composer, or producer. In today’s world, everyone enjoys listening to songs. At times we ponder whom this song belongs to? It is a common notion that a song is remembered by the name of the person who sings it. Common people perceive that the singer is the person…
Celebrity Rights in India, by Vaidehi Harshad Samant
Celebrity rights apply to famous personalities such as actors, authors, musicians, sports personalities, fashion designers etc among who few may be even regarded by many as icons or people of high recognition and celebrity rights are the rights associated to an social identity of a well-known person whose goodwill is exploited by businesses in several…
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