What Does It Mean To Buy The Rights To A Life Story?

The video discusses the concept of life story rights, which are legal protections for studios to tell stories about real people without facing defamation or privacy lawsuits. While not legally required, acquiring these rights can provide exclusive access to personal materials. The video highlights Netflix's purchase of Anna Sorokin's life story rights and the legal and financial implications of such deals. It also explores the valuation of life story rights, legal risks, and cases where films proceeded without these rights. The discussion extends to public domain stories and their role in storytelling.

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