MVV296K Interactive Entertainment Law Lecture 5 In-Class Exercise: Intellectual Property Strategy in the Metaverse Instructions: 1. Form Groups: Break into small groups of 3–4 students, each team will represent an IP consulting firm tasked with creating an IP strategy for this collaborative venture. 2. Scenario: A digital music service provider (Spotify) is hosting a live-streamed concert by TNT on a global gaming console platform (Sony PlayStation) during the interval of an eSports tournament organized by a leading games publisher (Electronic Arts) and sponsored by a luxury fashion brand (Gucci). Gucci is oKering both digital and physical merchandise, including: • Digital fashion items and accessories from their A/W 2024 line • VIP personalized experiences • Physical fashion items that fans can obtain by redeeming digital tokens purchased during the digital event 3. Analyse: • Identify all key IP assets and their associated rights in this scenario. • Create an IP Asset Map mapping the key IP assets, associated rights, and entities responsible for protecting them. • Draft an IP Strategy Memo addressing how to protect and manage these assets. 4. Prepare a Short Presentation: Each group will prepare a 2–3 minutes summary of their findings.