Movie Film Contract With Nike In Travis

State:
Multi-State
County:
Travis
Control #:
US-00034DR
Format:
Word; 
Rich Text
Instant download

Description

The Movie Film Contract with Nike in Travis outlines the agreement between a producer and a client (Nike) for the production of a motion picture. It specifies essential details, including the film's description, length, script details, and technical requirements that the producer must adhere to while maintaining control over production. The ownership of copyright remains with the client, ensuring they have the right to assign these rights as necessary. Compensation details are outlined, with payment structure depending on various milestones in production, as well as conditions for additional fees in case of script changes. The agreement also covers timelines for completion and delivery, with provisions for insurance and liquidated damages for delays. Importantly, the document emphasizes mandatory arbitration for disputes, safeguarding the interests of both parties. This contract is particularly useful for attorneys, partners, and legal assistants who are involved in entertainment law, as it provides clear legal obligations and rights related to film production agreements, which are critical for protecting the interests of all parties involved.
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FAQ

In Jordan's first sneaker contract, he signed a five-year, $2.5 million deal with Nike in 1984. His first contract with Nike redefined how brands signed individual athletes and even celebrities to shoe deals. He reached billionaire status in 2014.

The most famous project of this collaboration was the launch of the Jordan 1 Travis Scott, which marked a turning point in this union. Released for the first time in 2019, they have as their main feature the inverted Swoosh, which has become the distinctive feature of the collaboration between Nike and Travis.

Travis Scott's first official Nike collab in 2017 took one of the brand's most iconic sneakers to the next level.

Travis Scott began his deal with Nike by collaborating on popular models like the Air Force 1 (2017) and Air Jordan 4 (2018). The sneakers integrated the iconic silhouettes with Scott's subtle changes and personal branding.

The popularity of Nike x Travis Scott sneakers can be attributed to multiple factors, including their limited-edition nature, the reputation of the collaboration, unique design elements, high-quality materials and craftsmanship, celebrity endorsement, and effective branding and marketing strategies of NIKE.

How much did Travis Scott make from Nike? Complex reports that Scott earns about $10 million annually from his Nike deal.

His partnership with NIKE, Inc. has become the most important collaborative relationship in sneakers today. From Days Before Rodeo to 2023's Utopia, Travis Scott's trajectory has been nothing but upwards; every album and single doing well to increase the artist's cultural significance.

However, Kelce and the Swoosh are in a contract year. Their deal expires at the end of the 2024 season, and lately the star has been seen stepping out on the field in some shoes that ever-so-slightly skirt the sponsorship's dress code.

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Movie Film Contract With Nike In Travis