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IP Rights & Licensing Policy

Intellectual Property Rights and Licensing Framework

Simple version: Your story is yours. We get the right to host and promote it. If we want to make a comic/anime, we sign a separate exclusive deal for that, and you get royalties.

5.1 Default Ownership

The default rule: Creators own their original Work. The Company does not automatically take your copyright when you upload.

5.2 Platform License

Creators grant the Company a non-exclusive license to:

Host, display, and stream their Work;
Promote it in banners, teaser posts, site sections, and similar marketing use;
Use anonymised performance data for algorithm and product improvement.

This license exists as long as the Work remains on the platform. If the Creator requests full removal (and no exclusive contract exists), public access may be removed subject to archival/legal requirements.

5.3 Adaptation Rights & Exclusive Deals

For Works chosen under FANOA for adaptation (comic, animation, etc.), the Creator and Company will sign an Adaptation/Exclusive Licensing Agreement that might grant:

The agreement may grant:

Exclusive rights to adapt the Work into certain formats;
Rights to translate, dub, and distribute;
Rights to produce merchandising and spin-offs based on the Work.

In return, the Creator will receive:

Clear credit ("Original Story by …")
Defined royalty share and financial participation
Possibly MGs (Minimum Guarantees) and bonuses.

5.4 Co-Created IP & Collaborations

Where multiple Creators co-create a Work:

They must agree internally on split ownership;
They authorise Peakovels to pay one agreed payee or split as per their mutual instructions;
The Company is not responsible for internal disputes between co-creators.

PeakCraft Studios Private Limited
Jurisdiction: State of Andhra Pradesh, India
Draft Policy Framework – to be reviewed and localised by a qualified legal professional before use.