Why IP Valuation Training is a must-have.
In January 1952, the late Zulu entertainer Solomon Linda assigned the worldwide copyright in his song “Mbube” to Gallo Records for a mere 10 shillings. Solomon died in 1964.
Mbube was repackaged as Wimoweh/The Lion Sleeps Tonight and became a smash hit in the US and worldwide earning more than $15 million in composer royalties. It has been translated to French, Japanese, Spanish and several other languages remixed by more than 150 artists, and featured in at least 15 movies.
In 2006, in an out-of-court settlement after a protracted legal battle, the late Solomon Linda was awarded co-composition credit for Wimboweh/The Lion Sleeps Tonight and his Estate received an undisclosed settlement representing payment for past use of ‘The Lion Sleeps Tonight’ and an entitlement to future royalties from its worldwide use.
Today the Coca-Cola brand alone is worth approximately $84 billion. Facebook’s Intellectual Property is valued at more than $9 billion. ‘Dangote’ is the most valuable Nigerian brand.
WhatsApp and its IP assets were acquired by Facebook for $19 billion in 2014. Its current value is rumored to be a multiple of 100x.
The Instagram app is valued at more than $102 billion and Paystack was acquired in 2020 for an estimated $200 million.
In March, 2021, Digital artist Mike Winkelmann, known as Beeple, sold his digital artwork titled “Everydays: The First 5000 Days” for $69 million at an auction.
IP Valuation is the most critical skill in IP Management; it plays a key role in management and decision making including decisions to buy/sell, merge, collaborate or acquire IP assets. Intangible assets are reported to represent at least 70% of corporate value.
This Certification will give you an edge in industries that rely on intellectual property- Entertainment, ICT, Fintech, Pharmaceuticals, etc and other sectors that require the services of trained IP Professionals.
What you will learn
+ Uses and justification for IP Valuation
+ IP Valuation Methodologies and approaches
+ How to manage IP assets and organize an IP Portfolio
+ How to draft an IP licence agreement
Who Should Attend?
Intellectual Property & Entertainment Lawyers, Brand Managers, Record Label Executives, Arbitrators & Mediators, IP Managers, Asset Managers, Finance Consultant, IP Owners
Details are as follows:
Date: 26th May, 2021
Time: 11 am
Discounted Course Fee:
*Physical Session to hold in Abuja, FCT
The Intellectual Property Institute (Nigeria)
GT Bank: 0123771659
Taj Bank: 0000759011
For registration and enquiries, contact Femi 0908 657 6262 or firstname.lastname@example.org