MCN institutions (Multi-Channel Network) purport to be able to help you with account incubation, follower growth and traffic monetization. However, once disputes arise out of cooperation, you may suffer unlawful withholding of earnings in minor cases, or be held liable for exorbitant liquidated damages in serious cases. Based on a series of authentic judicial precedents, this article will present the legal pitfalls that you should be most vigilant against throughout the whole process of contract execution, contract performance and contract termination, and provide practical response strategies.
With the acceleration of the globalization process, a growing number of high-net-worth families have implemented cross-border asset allocation. As the world's core asset aggregation hubs, China and the United States have become the preferred allocation destinations for many high-net-worth individuals. However, cross-border wealth succession is never a simple "asset handover", but a complex systematic project involving the laws, tax regulations and identity rules of both China and the United States — different identity determinations, asset types and succession methods will directly affect the cost, efficiency and security of wealth succession.
Happy Year of the Horse! Today's AQ Dialogue covers issues related to outsourcing support. Let's see how Little Q helps Little A avoid potential pitfalls.
The turn of the year marks a critical period for game companies to sprint for annual business performance, as intense as a team fight in esports competitions. However, even amid fast-paced operation and explosive output growth, no complacency shall be entertained. If the "blind spots" in corporate internal control are ignored, it is tantamount to being ambushed in the jungle during a game, which will cause heavy losses and ruin the promising business prospects. The author hereby reminds all practitioners of game companies to pay attention to the following high-risk pitfalls, all of which are real lessons drawn from others' practical experiences. All relevant personnel are required to make preventive arrangements well in advance.
In recent years, disputes between online influencers and enterprises in the new media industry have occurred frequently. Cases such as the disputes between Dong Yuhui and East Buy, Li Ziqi and Weinian have entered public view, exposing the deep-seated contradiction between the new media industry's heavy reliance on the "personal partnership attribute" and the lack of relevant rules. The core assets of the new media industry are people's intellectual achievements and even the "person" itself, namely elements including the public persona of online influencers, fan stickiness and public recognition centered on such influencers. When the core assets of a company are heavily dependent on the personal output of a specific influencer and the relevant accounts have reached a certain scale, conflicts between shareholders and IP disputes are often imminent (Note: The "IP" or "personal IP" generally referred to in the industry is not a strict legal concept. In the context of MCN business, it usually refers to a portfolio of intangible assets centered on the influencer with ownership to be clearly defined, which mainly covers property rights and interests such as account ownership, content copyright and trademark right, as well as the scope and method of licensed use of personality rights involving the influencer's name, portrait and other related rights. For ease of reference, the term "IP" is uniformly used below).