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With over 25 years of royalty management experience, MetaComet® Systems has mastered the science of calculating, paying, and reporting on royalties. We’ve compiled these resources to help you do the same.
This guide is written for royalty managers, financial executives, and anyone else concerned with compliance and licensor relations at companies that license in intellectual property. It walks through what royalty auditing is, why it happens, what auditors examine, and how your organization can build the internal readiness to navigate an audit successfully.
Translation rights can be a powerful and cost-effective way to squeeze more revenue from content. What’s more, with few deductions needed, most of the money can go straight to the bottom line.
Rights management software is a tool that helps book publishers, literary agents, and other content rights holders or rights managers keep track of the rights they control, have sold, and have available to sell.
Ebooks and other digital content have changed so many areas of publishing, and royalties are no exception.
If your business has acquired the rights to use another party’s invention, creation, or intellectual property (IP), then congratulations: you are now a licensee! Licensees pay licensing royalties to a licensor when they monetize the IP they have acquired.
Explore how copyright royalties work, plus types and examples, and discover automation tools that prevent errors.
Choosing a rights management system can feel overwhelming at first, but it doesn’t have to be that way. In this FAQ, you’ll learn exactly how to select and implement a solution that truly fits your workflow and empowers you to maximize all your licensing opportunities and revenue.
The new world of multi-format distribution adds enormous complexity to royalty math. That's where tools like MetaComet’s best-in-class royalty management solutions come in.
With the new Royalty Tracker® agents feature, publishers can process agents’ fees with the click of a button, and instantly publish agents’ statements to the online Royalty Portal. Watch the demo here.
When something is sold on a royalty basis, its license holders calculate and put aside a share of the earnings to compensate the original creators. That money is then distributed to recipients in an agreed manner and on a set cycle.
A royalty is a payment made by one party (the licensee) to another (the licensor) for the ongoing use of an asset, commonly a piece of intellectual property. Payment methods and frequency are established in a royalty licensing agreement between the two parties. For more details, see our article entitled, “How Do Royalties Work?”
Royalty payments vary widely across different industries and within industries as well, depending on the value of the asset being licensed, the sales volume within the royalty period, and many other factors. So, there is no such thing as an average, normal, or typical royalty check. To learn more about the elements that affect a royalty check, see our article, “How Are Royalties Calculated?”
Royalties are calculated based on a percentage of sales revenue or a flat fee per unit sold. The percentage or fee is agreed upon in a royalty licensing agreement between the licensor and licensee. The agreement will also outline other variables that will affect royalty payments. For more information, read our post, “How Are Royalties Calculated?”
Royalty recipients include copyright holders (like writers, illustrators, and composers), patent owners (such as inventors), natural resource owners, and franchisors, among others. See our article, “What Are Royalties in Business?” for further examples of people and companies that receive royalty payments.
Common types of royalties include book publishing royalties, music royalties, patent royalties, franchise fees, and oil and gas royalties. Our blog post, “Different Types of Royalties,” goes into more detail about the various types of royalties you may encounter.
Payments are typically made quarterly or annually, and sometimes monthly or semiannually, depending on the terms of the royalty agreement.
A royalty licensing agreement will include, at a minimum, a definition of the rights granted, usage conditions, and payment terms. Our article about “How Do Royalties Work?” delves into the deeper details of royalty agreements.
Yes, royalty payments are taxed as income.