Licensing services for the right to use entertainment, literary or artistic originals

cpc code 73320 covers the licensing services for the right to use entertainment, literary or artistic originals. This industry plays a crucial role in the creative economy, enabling the monetization and distribution of intellectual property. By facilitating the licensing of copyrighted works, this sector supports the livelihoods of artists, authors, and other creative professionals, while also providing businesses and consumers access to a wide range of cultural and entertainment content.

The main production techniques in this industry involve the negotiation and management of licensing agreements. Licensing professionals work closely with copyright holders to establish the terms and conditions for the use of their intellectual property, including the scope of usage, duration, and royalty payments. They also handle the administrative tasks of processing license applications, monitoring compliance, and enforcing licensing agreements.

The key inputs for this industry include a deep understanding of copyright law, negotiation skills, and a extensive network of relationships with creators and content owners. Licensing professionals also require access to databases and information systems that track the ownership and usage rights of various creative works.

The primary output of this industry is the licensing of entertainment, literary, and artistic originals to a wide range of end-users, including 511120 Book Publishers, 512110 Motion Picture and Video Production, 512210 Record Production, and 711510 Independent Artists, Writers, and Performers. These licensed works are then used in the production of various media, publications, and performances, contributing to the broader creative economy.