Wednesday 14 October 2015
With the ever-changing and rapid advancement of IT, Social Media, and online media services such as iTunes and Cloud Management to name but a few, the Media and Entertainment Industry is increasingly becoming exposed to higher risks of litigation. Whether companies and individuals are exposed to the risks of their data and systems being hacked, or lost via a third party accessing their systems or via a cloud computer provider, there are all sorts of commercial connotations that can lead to financial loss and or invasion of rights and privacy.
Equally, as experienced brokers who are involved in funding the costs of litigation of media disputes, we have seen a rise in copyright infringement, libel and defamation cases in this growing sector, and new artists coming into the music industry. Take a look here at the copyright infringement case between The Estate of Marvin Gaye and Blurred Lines” http://www.rollingstone.com/music/news/marvin-gayes-family-seeks-to-halt-sales-of-blurred-lines-20150311
Maxima’s Media Insurance policy protects you in the event of a claim being brought against you or your company and will pay all your legal costs and disbursements up to the level of cover insured, in a comprehensive policy that will provide full cover for Intellectual Copyright infringement, defamation, libel and slander, cyber and privacy liability, data held in the cloud and a lot more.