Royalty Agreement Significado
j$k1912624j$kIn most licensing agreements, royalty rates are defined as a percentage of revenue or a payment per unit. Among the many factors that could affect royalties are the exclusivity of rights, the alternatives available, the associated risks, market demand and the level of innovation of the products concerned. A licence fee is a legally binding payment to an individual for the continued use of his or her originally created assets, including copyrighted works, franchises and natural resources. But royalties are mainly related to musicians who receive such payments when their...