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Current as of January 01, 2024 | Updated by Findlaw Staff
As used in the Motion Picture Fair Competition Act:
A. “theater” means any establishment in which motion pictures are regularly exhibited to the public for a charge;
B. “distributor” means any person engaged in the business of distributing or supplying motion pictures to exhibitors by rental, sale or licensing;
C. “exhibitor” means any person engaged in the business of operating one or more theaters;
D. “exhibit” or “exhibition” means showing a motion picture to the public for a charge;
E. “invitation to bid” means a written or oral solicitation or invitation by a distributor to one or more exhibitors to bid or negotiate for the right to exhibit a motion picture;
F. “bid” means a written or oral offer or proposal by an exhibitor to a distributor, in response to an invitation to bid or otherwise, stating the terms under which the exhibitor will agree to exhibit a motion picture;
G. “license agreement” means any contract, agreement, understanding or condition between a distributor and an exhibitor relating to the licensing or exhibition of a motion picture by the exhibitor;
H. “trade screening” means the showing of a motion picture by a distributor in the exchange center serving New Mexico which is open to any exhibitor interested in exhibiting the motion picture;
I. “blind bidding” means the bidding for, negotiating for or offering or agreeing to terms for the licensing or exhibition of a motion picture, if the motion picture has not been trade screened in the exchange center before any such event has occurred; and
J. “run” means the continuous exhibition of a motion picture in a defined geographical area for a specified period of time. A “first run” is the first exhibition of a motion picture in the designated area, a “second run” is the second exhibition and “subsequent runs” are subsequent exhibitions after the second run.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 57. Trade Practices and Regulations § 57-5A-3. Definitions - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-57-trade-practices-and-regulations/nm-st-sect-57-5a-3/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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