How is DRM License defined in a legal contract?
- DRM License means a permit granted by a DRM license server for a specific DRM that enables the decoding of protected content by a licensed client. Seen in 7 SEC filings
- DRM License means a permit for encrypted customer content that is successfully granted by the DRM Service, giving the consumer certain actions or rights to the encrypted customer content in line with the consumer content rights associated with that DRM License. A separate DRM License is issued each time a consumer selects the “play” function of a video player to play a specific encrypted customer content in a distinct session. For instance, three DRM Licenses would be issued if a consumer played three separate pieces of encrypted customer content. Additionally, two DRM Licenses would be issued if a consumer played a piece of encrypted customer content, ceased viewing, and then viewed the same piece of encrypted customer content again. Seen in 1 SEC filing
Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for 'Definitions of drm license' yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- DRM License means a permit granted by a DRM license server that allows the decoding of protected, encrypted content according to user rights.
Relevant Contract Types
Relevant Circumstances
- Purchase or usage of software that requires DRM License
- Distribution of digital software or content that's DRM-protected
- Licensing of a digital product that uses DRM protection
Relevant Sectors
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DRM License means a permit granted by a DRM license server that allows the decoding of protected, encrypted content according to user rights
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