The lump sum deals I did were with lottery winners, not the lotteries themselves.
In the end the PRS bowed to the pressure and accepted a lump-sum deal (in other words, the more successful YouTube became the less writers would get paid per stream) – that resulted in some songwriters getting as little as $30 per million streams.
Rather than risk being sued down the road by Hosier, legions of companies are choosing a lump-sum deal that includes licenses to Lemelson's entire technology portfolio.
The message of Hamburg was that Trump's "America First" rhetoric — and his inability to see international agreements as anything other than zero-sum deals — have changed that situation, at least temporarily.
It is unclear how the relatively small sums dealing with the purchase and sale of The Plaza can be spun into a $915 million tax loss, so the answer may be related to financial magic.
It's fair to say that £30 is an odd sum to deal with.
Similarly, American entrepreneurs are often shocked to see Asian VC term sheets that require founders to pay the investors a significant sum for deal-related expenses — a provision that is binding even if the deal is never completed.
It kills people, ruins people's wellbeing, and costs huge sums to deal with.
