ABSTRACT
Contracts are made up of three elements: offer, consideration and acceptance, whether written or not. Release forms act as a sort of contract. Media professionals often sign labor contracts containing noncompete and/or morals clauses. Noncompete can actually be enforced even with terminated employees. Media companies are subject to the same antitrust laws as other corporations; the First Amendment is not a shield against the regulation of commerce. Similarly, media organizations must abide by employment laws. Corporations have rights of free expression. Restrictions exist on the speech of people with “insider information” about publicly traded corporations.
