Whether it’s streaming video games on Twitch, posting make-up tutorials on Instagram, or creating food vlogs on YouTube, a content creator’s community is their lifeblood. As their community grows, it is natural for a content creator to start thinking about different ways to engage with that community. This might take the form of digital engagement, …
Tax years beginning after 2022 brought with them an uncomfortable change for many in the video game industry. Section 174 of the Internal Revenue Code, which previously allowed taxpayers to immediately expense their research and development expenses, now required taxpayers to capitalize and amortize those expenditures over a five- or even fifteen-year period. For many …
Beginning January 1, 2024, the European Union’s Digital Services Act (DSA) went into effect, introducing new regulations for online platforms, hosting services, and intermediary services operating or providing services in the EU. With most of the requirements of the DSA coming into force by February 17, 2024, it becomes important for businesses to know whether …
This week, the US Court of Appeals for the Second Circuit vacated portions of the US District Court for the Southern District of New York’s decision in the JLM Couture, Inc. v Hayley Paige Gutman case. Among other things, the case involved the determination of social media account ownership and the enforceability of non-compete obligations …
Social media account ownership when a content creator relationship breaks down Read More »
In this article, we’ll be taking a basic overview of the new state privacy laws becoming effective in 2024, what they have in common, and where they differ. Since the Utah Consumer Privacy Act (UCPA)was technically only in effect for one day in 2023, we’ve included it in this 2024 roundup as well. 2023 U.S. …
US state privacy law update: what’s on the menu for 2024 Read More »
On January 9, 2024, the US Department of Labor issued a Final Rule on Employee or Independent Contractor Classification under the Fair Labor Standards Act, returning to its prior multi-factor test for worker classification. In with the old and out with the new The “new” Final Rule isn’t so much new as it is a …
We’re now in the year 2024 after a very tumultuous previous year. The games industry lost nearly 10,500 jobs in 2023 and roughly 8,500 in 2022, according to some estimates. We were a little too correct when we commented last year that the world continues to be a relatively unpredictable place. Here are our thoughts …
Next year, many companies will have a new compliance requirement. Beginning January 1, 2024, the Corporate Transparency Act (CTA) will require that domestic US companies and foreign entities operating within the US disclose their Beneficial Ownership Information. Under the CTA, companies will have to file their BOI report with the Financial Crimes Enforcement Network, or …
Amidst a challenging year for the games industry, Forbes acknowledged thirty North American creators, founders, businesspeople, and other contributors revolutionizing the industry. Among those recognized were two content creator clients of Odin Law and Media and three team members at video game studio clients: Tarik Celik – Content Creator, Sentinels Xalavier Nelson, Jr. – Founder, …
Five Odin Clients Named to Forbes’ North America “30 under 30: Games” for 2024 Read More »
As a law firm that primarily works with video game companies, everyone on staff is a gamer in their own right. Here’s what we’ve been playing this fall of 2023: Minecraft by Mojang Studios My son has pulled me back into vanilla Minecraft but he is now old enough that we can play on survival …