3 ms·
Can you explain the phrase "purchase a royalty free license" please? Honest question: I don't know the difference between a licence-fee and a royalty.
by denton-scratch 3y ago
Can you explain the phrase "purchase a royalty free license" please? Honest question: I don't know the difference between a licence-fee and a royalty.
- toyg 3y agoRoyalties are typically calculated by quantity: you do N transactions, you pay N x Y to the rightsowner. For photos it could be the number of magazines you print, or a percentage of sale on each magazine, or the number of impressions on a website, etc. "Royalty free licenses" are typically one-offs. You pay a fixed amount and then are free to reproduce the work as many times as you want. Some of these contracts might be limited, i.e. you can only do it in one magazine issue etc.
- plagiarist 3y agoRoyalty is per use, like if you license photos for a book cover there might be an up-front cost and also a few cents per book sold.
- bombcar 3y agoYep - I could say "here, you can use my photo for your book cover, just give me a penny for each book made or sold". But it's simpler accounting to go with "give me $1000 for use of my photo in one case" or even "everything" but then rarely my photo ends up on the cover of Harry Potter 12: Eclectic Boogaloo and I feel I missed out.
- Kye 3y agoIt's an evolution away from the previous norm of complicated usage-based licensing schemes that fall under the term Rights Managed. https://en.wikipedia.org/wiki/Rights_Managed https://en.wikipedia.org/wiki/Rights_Managed They're still in use, but represent a smaller share of a much larger pie created by Royalty-Free licenses.