4 ms·
Usually contracts have clauses about what happens in case of a merger or acquisition [0]. If you are powerful, say a wealthy star or a big corporation, you can
by smnrchrds 4y ago
Usually contracts have clauses about what happens in case of a merger or acquisition [0]. If you are powerful, say a wealthy star or a big corporation, you can push for terms that are favourable to you. If you are not, you have to sign whatever they put in front of you or walk out. I guess in this case, there was a clause in the contract that was most favourable to the company and least to the contributor.
[0] For examples, look at any SaaS company's privacy policy. Here is Figma's:
If we are involved in a merger, acquisition, financing due diligence, reorganization, bankruptcy, receivership, purchase or sale of assets, or transition of service to another provider, then your information may be sold or transferred as part of such a transaction, as permitted by law and/or contract.
https://www.figma.com/privacy/ https://www.figma.com/privacy/
- car_analogy 4y ago> Usually So has Disney, the writers, or anyone pointed to such a clause in this case?
- smnrchrds 4y agoThat's a good question. What has Disney publicly said about this case? I don't know where to look for their official public communications.
- car_analogy 4y agoIIRC, Disney wanted the writer to sign an NDA before they'd even negotiate to pay him what they owe. So giving their silence the benefit of the doubt now goes beyond charity and firmly into idiocy.
- smnrchrds 4y agoHas the writer posted the text of the contract somewhere? Is the text of the contract under NDA? I am asking because media companies (film, music, anything really) screwing over artists in contracts is fairly commonplace. Them ignoring contracts altogether and just doing whatever is not something I had heard of before. In the absence of other information, I lean towards believing they had snuck a term into the artist's contract allowing them to do what they have done here, because that's their MO. If you think that makes me an idiot, so be it.