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Insurance Provides Protection For Movie Producers The explosion of digital filmmaking technology has created a lucrative creative environment for entertainment entrepreneurs with sharp minds to generate large profits. Social media networks are being utilized to generate movie sales on all formats to global consumers eager to buy quality content. The entertainment industry has always been a cash cow for those that understand the business aspect of it. Errors & Omissions (E & O) insurance protects investors, movie producers, and companies completely from a range of potential lawsuits that can include copyright infringement, chain of title disputes to who owns the movie, using unlicensed music on a soundtrack and other issues that can arise when money is at stake. Having an E & O insurance policy will protect your movie, company and investment from being hurt by financial claims made against your successful business enterprise. It is an area of conducting business that should never be overlooked. Movies made on small budgets have gone onto make millions and millions of dollars. The Paranormal Activity franchise has made millions, but without proper coverage, chances are...more
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