Why Intellectual Property (IP) Matters for Creative Entrepreneurs

Author:
Rob Brown
|
Read Time:
1 min

As a creative entrepreneur, artist, or entertainer, your ideas are not just concepts—they are valuable assets. Intellectual Property (IP) is the legal framework that protects those assets, allowing you to own, monetize, and control your creative work. Simply put, IP transforms your music, brand identity, and content into tangible, bankable value.

A Lesson from the King of Pop: The Beatles Catalog

One of the most notable (and controversial) moves in entertainment history was Michael Jackson’s acquisition of The Beatles' catalog.

In 1985, Jackson spent $47.5 million to purchase ATV Music Publishing, which owned the rights to over 250 Beatles songs. Paul McCartney, who had previously advised Jackson on the power of music publishing, was blindsided by the deal. McCartney had hoped to buy the rights himself but was outbid by Jackson.

This acquisition proved to be a goldmine for Jackson. The royalties generated from The Beatles’ catalog brought in millions, and its value soared over time. By 2016, Sony had purchased full control of the catalog for $750 million, a massive return on investment.

But beyond the financial gain, this deal caused a rift between Jackson and McCartney, highlighting just how critical ownership is in the creative business world.

What This Means for You

Whether you’re composing music, designing a brand, or producing content, your IP is your power. It includes:

  • Copyrights (music, art, writing, films)
  • Trademarks (logos, brand names, slogans)
  • Patents (inventions, unique processes)
  • Trade Secrets (proprietary knowledge, formulas)

Without ownership and legal protection, someone else can profit off your work—or even control it. The story of The Beatles' catalog serves as a perfect example of why creatives must manage their IP with care and strategy.

Next Steps: Protect and Monetize Your IP

If this post has sparked your interest, it’s time to take action. Start by identifying the IP you already own (or should own) and learn how to protect and monetize it. In the business and entertainment industries, ownership is everything—and with the right protection, your creative assets can generate long-term value.

Author:
Rob Brown
At my core I am a brand developer with a deep business understanding. I empower brand and business leaders to 'entrepreneur creatively' through strategic and innovative approaches to building, organizing, and operating companies.
DISCLOSURE: This communication is on behalf of By Rob Brown LLC, d/b/a By Rob Brown ("We") and it's associates.  This communication is for creative purposes only, and contains general information only.  We are not, by means of this communication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services.  This publication is not a substitute for such professional advice or services nor should it be used as a basis for any decision or action that may affect your business or interests. Before making any decision or taking any action that may affect your business or interests, you should consult a qualified professional advisor. We do not assume any liability for reliance on the information provided herein. ©2024 By Rob Brown LLC, d/b/a By Rob Brown ("We"). All rights reserved.

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