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Ever wondered why Walt Disney never got sued for intellectual
property theft?
C'mon, the guy ripped off so many Hans Christian Anderson and
Grimm Brothers' fairy tales! And he never paid the said authors
any royalty fees! Granted that they're dead, but shouldn't their
families be entitled to proceeds from their works? Such would be
a small price to pay, considering the accumulated wealth of Walt
Disney's billion dollar enterprise.
But alas, Mr. Walt Disney, you see, is a marketing genius. He
knew how to exploit the allowable usage of Public Records
information, and he built for himself an empire in the Click here to read more from this article
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Public Records consists of all inspired work and other
information (Music, invention, artwork, writing, technology,
etc.,) on which no one i.e. Person or Organization claims an
ownership. Such information is considered to be part of Public's
inheritance and anyone can exploit them for their needs without
any restriction.
Public Records can be General information which includes facts,
ideas, templates, etc. which could be used by anybody for their
needs. Public Records may also be works that may be donated for
Pubic Domain. Some of the works by Government also falls under
Public Records.
Copyright was designed to get a financial spur to the owner
while works in Public Records are Click here to read more from this article
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