Chances are your teenage band didn’t take off, but you can still profit from other people’s musical talent thanks to royalties. The same is true of many other sectors including oil and gas, books, photography, and patents. Put simply, royalties are payments made by a licensee to a licensor to be able to continue using a certain asset.
Royalties: From Listerine To Texan Oil Wells
Royalties: From Listerine To Texan Oil Wells
Royalties: From Listerine To Texan Oil Wells
Chances are your teenage band didn’t take off, but you can still profit from other people’s musical talent thanks to royalties. The same is true of many other sectors including oil and gas, books, photography, and patents. Put simply, royalties are payments made by a licensee to a licensor to be able to continue using a certain asset.