A CRA expert determined the fair market value of a publisher’s US copyrights in connection with bankruptcy proceedings and a dispute with the publisher’s unsecured creditors. CRA considered both the standard and premise of value and analyzed various valuation methodologies under the cost, market, and income approaches, ultimately utilizing the excess earnings valuation methodology under the income approach. The parties ultimately reached a favorable settlement that compensated the lenders and enabled the publisher to emerge from bankruptcy.
An economic analysis of the artificial intelligence-copyright nexus
Among the large number of policy issues that are raised by the introduction and expanded use of Artificial Intelligence (“AI”) – its potential for the creation...