The Think Media Podcast 361: The Biggest Legal Mistake Creators Make!
Nov 12, 2024
In this enlightening discussion, Tyler Chou, a seasoned creator's attorney with 16 years in Hollywood, shares critical legal insights for content creators. He highlights common legal pitfalls and the importance of contracts, LLCs, and intellectual property protection. Tyler emphasizes safeguarding personal assets and the necessity of clear partnership agreements. He also tackles financial complexities in brand deals and the importance of disclosing paid promotions to maintain audience trust. Creators can empower themselves by understanding their rights and navigating the creator economy effectively.
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Always Contract Content Contributors
- Protect your content ownership by always making contractors sign agreements stating you own the edited or created content.
- Without contracts, contractors might claim ownership, exposing you to legal risks.
Use LLC to Protect Personal Assets
- Set up an LLC early if you own personal assets to protect them from lawsuits related to your YouTube or brand deals.
- An LLC separates your personal assets from business liabilities, shielding your home and savings.
Content Automatically Copyrighted
- Ideas alone aren't protected by law, but your videos and tangible content have automatic copyright protection.
- Registering copyrights is optional but not required to protect videos on YouTube.