...— if the author has made a grant and a derivative work has been made under that authority — it "may continue to be utilized under the terms of the grant after its termination." "[CJontinue to be utilized" was the phrase used. Senator MATHIAS. That is a case in which the calf...

...reacquire the copyright2 that Snyder had previously granted to Mills; however, it also provided that a "derivative work prepared under authority of the...be utilized under the terms of the grant after its termination."3 The sound recordings of the Song, which have generated the royalty income in dispute,...

...derivative work — a black-and-white motion picture based on an underlying novel, for example — "may continue to be utilized under the terms of the grant after its termination," that privilege does not extend to the preparation, after termination, of other derivative works —...

...this subsection. In all cases the reversion of rights is subject to the following limitations: (A) A derivative work prepared under authority of the...copyrighted work covered by the terminated grant. (B) The future rights that will revert upon termination of the grant become vested on the date the...

...paragraph 3 above. 8. What are the exceptions to termination? (a) A derivative work prepared under the authority of the grant before its termination may continue to be utilized after termination but without the right to prepare other derivative works based upon the work covered...

...windfalls at authors' expense. 30 Second, Congress provided a limited exception for derivative works: A derivative work prepared under authority of the...upon the copyrighted work covered by the terminated grant.31 Thus, a film made from a play or novel may continue to be exhibited after the grant of rights...

...time, The Act carves out a limited exception for derivative works from the termination right. allowing a derivative work prepared under authority of the grant before its termination to "continue to be utilized under the terms of the grant after its termination."418 Because the termination...

...the rule, then the grant of license terminates, provided that: A derivative work prepared under the authority of the grant before its termination may...works based upon the copyrighted work covered by the i , xxxviii ~n terminated grant. 38 This is an important limitation on the rights of a copyright owner...

...the notice of termination under clause (4) of subsection (a), but with the following limitations: (1) A derivative work prepared under authority of the...copyrighted work covered by the terminated grant. (2) The future rights that will revert upon termination of the grant become vested on the date the...

...review. Id. at 30. 126 17 USC §§ 203, 304(c) (1994 ed.). 127 17 USC §§ 203(b)(l), 304(c)(6)(A) ("A derivative work prepared under authority of the...under the terms of the grant after its termination") . 128 The current Copyright Act, codified in Title 17 of the United States Code, was enacted in 1976....