Legal Definitions - remake rights

Definition: Remake rights refer to the legal rights granted to a person or entity to produce one or more additional movies or screenplays based on the same story as the original movie or screenplay for which the rights have been granted. These rights are a type of copyright.

Example: Let's say a movie studio produces a film based on a popular novel. The studio may acquire the remake rights to the novel, which would allow them to produce a new version of the movie in the future. This new version would be based on the same story as the original movie, but could have different actors, directors, and other creative elements.

Explanation: The example illustrates how remake rights work in practice. The movie studio has the legal right to produce a new version of the movie because they acquired the remake rights to the original story. This allows them to create a new product based on the same story, without infringing on the original creator's copyright.