Media Beach has been designed as a free market whereby Sellers can set their own prices and conduct auctions. Content will sell when Purchasers agree on the price or place the highest bid.
Notes for Sellers
Sellers may wish to consider the following factors when setting a price to improve their chances of selling Content:
The Media Beach Exchange is not intended to be an archive for Sellers. It is intended to be used for the sale and purchase of current and topical Content, and Sellers should refresh Content regularly.
Notes for Purchasers
Purchasers may share the Content with their corporate and broadcast affiliates, as provided in these T&Cs, as long as they purchase the rights for the all the relevant territories in which those affiliates operate (and this may mean entering more than one transaction for the same piece of Content as the Seller may offer different licences in different territories at different prices).
Purchasers need to make sure they (and their affiliates) geo-block any websites they put the Content on so that it is only viewable in the territory they have purchased rights for.
When Purchasers purchase Content under a fixed price sale the rights they are getting are non-exclusive in that Licence Territory (excluding any countries excluded by the Seller in the Restrictions box). When Purchasers purchase Content by auction, the rights they are getting are exclusive and the Content will be removed for sale as soon as the transaction has been completed.
Always check the Restrictions box to check if any countries are excluded from the Licence Territory you are seeking to buy rights for - the Seller may have excluded your country from the licence they are offering for that Content (even though you are able to browse and see it on the Exchange)
Purchasers can complete an auction transaction early and use the Content exclusively without waiting for the expiry of the auction by opting to pay the ’Buy It Now’ price, where indicated.