Games Industry Must Ensure it Takes IP Law Seriously Monday 9 November 2015 PDF Print An IP expert should always be consulted at the early stages of launching a new business or product. According to Ukie, the trade body for the games and wider interactive entertainment industry, the UK games industry was worth over £3.9 billion in consumer spend in 2014 and the sector is expected to grow at an annual rate of 8%. The games industry is relatively new and therefore 95% of companies are microbusinesses or SMEs. Leading intellectual property (IP) lawyer Shireen Smith thinks that many of these companies could be at risk of losing out as a result of an IP dispute, if they don’t take the necessary steps to protect themselves. “If names are chosen without involving a trade mark expert, the business is at risk of losing out. A poor choice of name can lead to a constant loss of value or difficulty in securing registration either in the UK or in other countries. “An IP expert should always be consulted at the early stages of launching a new business or product. “Otherwise, as soon as a new business starts up, the business owner might receive notice that it is infringing on another brand. This can have serious consequences for those that have invested significantly in their branding and search engine optimisation. Sadly for some, they don’t have the time or resources to overcome such a setback.” Shireen Smith, who is the founder of London-based law firm Azrights, continues to give an example. “Scrabulous was an app, created by two Indian brothers, which allowed people to play a Scrabble-like game online with friends anywhere in the world. It was a huge hit – attracting 600,000 users per day – when in 2008, Hasbro, the owner of the Scrabble trademark, shut it down because their name suggested to the market that this was a similar game to Scrabble. As trademark law helps to prevent piggybacking off the success of others’ brand, Scrabble was able to get Facebook to pull the Scrabulous app even though it was extremely popular. “The founders had even applied to register a trademark for their name, clearly unaware of the wide scope of protection that trademarks give. Had they taken advice before using the name they would have realised the choice was unwise. “The fact that their app had gone viral did not stop Facebook from simply removing it. This paved the way for Zynga to create what is now a highly successful app: Words with Friends. The brothers’ advantage of being the first to build a Scrabble-like app on Facebook was lost, and we will never know how big Scrabulous would have been today if it had opted for a better name.” Shireen Smith has recently launched a new book called ‘Intellectual Property Revolution’, published by Rethink Press which is all about how to successfully manage IP assets, protect brands and add value to your business in the digital economy. It is written in plain English and is helpful for business owners and ‘brand guardians’. A video explaining more about how the digital economy is changing IP can be found here: https://www.youtube.com/watch?v=qRa_8OVILUo Azrights website: http://azrights.com/ Azrights on You Tube: https://www.youtube.com/user/Azrights Azrights on Twitter: https://twitter.com/Azrights Intellectual Property Revolution on Amazon: http://www.amazon.co.uk/Intellectual-Property-Revolution-Suc... Ends Photographs available. For further information about Shireen Smith and her new book please contact Tina Fotherby on 07703 409 622 or firstname.lastname@example.org or George Murdoch on 07834 643 977 or email@example.com at Famous Publicity. About Shireen Smith: Shireen qualified as a solicitor in 1985 and began to focus on IP, IT, trade marks and copyright as an in-house lawyer at Reuters in the late 80s. She has extensive practical experience of intellectual property and technology law and solid academic credentials, including a Masters in Intellectual Property law from QMW, London University. Shireen is consistently praised for the depth of her expertise and pragmatic, accessible advice. Having developed a good grasp of the IP issues relevant to blue chip companies, she then applied that knowledge to working with start-ups and SMEs once she founded Azrights in 2005. Her company’s website is here: http://azrights.com/. This press release was distributed by ResponseSource Press Release Wire on behalf of Azrights Lawyers for the Digital World in the following categories: Children & Teenagers, Men's Interest, Entertainment & Arts, Leisure & Hobbies, Women's Interest & Beauty, Consumer Technology, Business & Finance, Media & Marketing, Public Sector, Third Sector & Legal, Computing & Telecoms, for more information visit http://pressreleasewire.responsesource.com/about.