Valeo IP to Shut Down September 2
Information Today, July 11, 2005
3 Pages Posted: 15 Oct 2009
Abstract
On June 29, 2005, Valeo IP (www.valeoip.com) , an online copyright licensing service, announced on its Website and to its employees that it is shutting down it operations effective September 2, 2005. The move comes after a volatile spring which saw the company engaged in a bitter lawsuit with former partner DataDepth (www.datadepth.com) and the abrupt departure of its President.
The departure of Valeo IP leaves a gap in the growing, but confusing business of licensing digital content. Both the growth and the confusion come from the increasing awareness of the need to manage copyrights and use of digital content, with uncertainty as to how copyright law applies to digital content.
Keywords: Valeo IP, copyright licensing service, copyright licensing, digital content licensing, lawsuits, copyright law, breach of contract, copyright management, royalties, fair use doctrine, Copyright Clearance Center
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