Intellectual property
Also called: IP
ELI5
Legal rights in creative work, such as a story, character, title, recording or format.
Used in conversation
“The deal needs to state intellectual property clearly before it is signed.”
Definition
An umbrella for legally recognised rights in creative and intangible material; in pitching, the term is often used loosely for the project itself.
Here “Intellectual property” means: An umbrella for legally recognised rights in creative and intangible material; in pitching, the term is often used loosely for the project itself.
Pitch context
You may encounter “Intellectual property” in rights, contracts, finance, distribution & labour conversations or materials.
Why it matters: Explains who controls, pays for, approves, exploits or bears risk around a project.
Caution
Meaning and consequences may change by contract, collective agreement, territory or law. This entry is orientation, not legal advice.
Sources & evidence · 8
Supporting source families. This entry is an editorial synthesis rather than a quotation from one canonical glossary.
- World Intellectual Property Organization — Rights Clearance: A Guide for Independent FilmmakersSupporting source family · primary · checked 2026-08-14
- World Intellectual Property Organization — Rights, Camera, Action! IP Rights and the Film-Making ProcessSupporting source family · primary · checked 2026-08-14
- Writers Guild of America West — No Writing Left BehindSupporting source family · primary · checked 2026-08-14
- Writers Guild of America West — Fight Back Against Free WorkSupporting source family · primary · checked 2026-08-14
- Producers Guild of America — Producing Credits for Episodic Television (Scripted)Supporting source family · institutional · checked 2026-08-14
- Producers Guild of America — Producing Credits for Non-Fiction TelevisionSupporting source family · institutional · checked 2026-08-14
- Format Recognition and Protection Association — FRAPA Format ResourcesSupporting source family · institutional · checked 2026-08-14
- U.S. Copyright Office — Copyright BasicsSupporting source family · primary · checked 2026-08-14