Cayman for Creators: How South Africa Could Shake Up the Global Creative Economy

So I thought we’d talk about a different bill, in a different part of the world, that also has big implications for media and creativity. We spend a lot of time looking at technology. That’s great. But laws end up shaping the environments quietly, then all at once.

Two weeks ago, Carl wrote about A-Corporations and cap tables.

He mentioned Yancey Strickler, the founder of the A-Corp structure, frames the structure as a response to a problem, which he calls the"1099 NPC" : creators generate massive value but can't capture it because they lack proper economic structures. His approach is to build better cars.

Create Artist-led companies: - new legal structures combining:

• LLC protection + corporate equity sharing + nonprofit grant access
• Built for how creators actually work: fluid collaboration, profit-sharing, uncertain timelines
  

South Africa is thinking about it a different way: building better roads. Their Constitutional Court is deliberating on a Copyright Amendment Bill that attacks the same issue from the opposite direction - rebuilding copyright law to prevent predatory extraction while trying to ensure creators get more economic participation.