What is meant by global deals in the context of content licensing?

In the context of content licensing, global deals refer to arrangements that extend across multiple organizational locations worldwide. This concept signifies that the licensing agreements are not confined to one specific region or country; instead, they encompass various markets and territories. Such deals allow licensors to maximize the reach of their content, ensuring that it can be distributed and accessed across different geographical locations, which is particularly beneficial for businesses looking to establish a worldwide presence.

Global deals are often sought after because they simplify the licensing process for companies that want to operate on an international scale. Instead of negotiating individual licenses for each country or region, a global deal provides a unified contract that can cover diverse markets, thus streamlining operations and reducing administrative burdens.

The other options suggest limitations on scope, focusing on local businesses or specific organizational types, which do not align with the notion of a global approach. Instead, they highlight narrower agreements that restrict the reach and impact of content licensing.