Need some good reading material? Here’s a quick recap of the top IP news stories we loved diving into this month!
- “In the past several months, Marvel has received termination notices [for usage of the Spider-Man, Dr. Strange & Black Widow characters] sent to the U.S. Copyright Office from the estates and heirs to legends like Ditko, Stan Lee, Don Rico (read that complaint here), Don Heck, Gene Colan and the still living Larry Lieber.” – Marvel Goes To Court To Stop Termination Claims By Spider-Man, Dr. Strange & Black Widow Artists & Scribes, Deadline
- “[Youtube executive Robert Kyncl] also discussed content spending. ‘When you think about our payouts, we are now the largest content licensor in the world’, Kyncl said. He mentioned that YouTube’s partner program covers about 2 million creators, with the company paying out $30 billion to them over the past three years.” – YouTube Is “Neck-and-Neck With Netflix on Revenue,” Says Exec, The Hollywood Reporter
- “As to the bigger question, US District Judge Leonie Brinkema had this to say: ‘[T]here may come a time when artificial intelligence reaches a level of sophistication such that it might satisfy accepted meanings of inventorship. But that time has not yet arrived, and, if it does, it will be up to Congress to decide how, if at all, it wants to expand the scope of patent law.'” – AI computers can’t patent their own inventions — yet — a US judge rules, The Verge
- “Diversity gaps in the U.S. patent system persist, in part, because of an absence of data on patent applicants. This lack of transparency has meant that patent holders are predominantly white, male and wealthy.” – Lack of diversity in patent holders means ‘half of the population’ isn’t getting needs met, economist Lisa Cook says, MarketWatch
- “NMPA president and CEO David Israelite said in a statement that the group was “extremely pleased” with the agreement as Roblox ‘continues to offer a unique platform for musicians and songwriters in the metaverse,’ referring to the in-game universe for shared experiences.” – Roblox, music publishers settle copyright licensing dispute, Reuters
The Michelson Institute for Intellectual Property, an initiative of the Michelson 20MM Foundation, provides access to empowering IP education for budding inventors and entrepreneurs. Michelson 20MM was founded thanks to the generous support of renowned spinal surgeon Dr. Gary K. Michelson and Alya Michelson. To learn more, visit 20mm.org.