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Reproduction fees are charged by image collections for the right to reproduce images in publications. This is not the same as a copyright fee, but is charged separately, as is the cost of the provision of the image. It can be charged where an image is out of copyright, and reflects the possession of the image by a collection.
A 4% royalty on sales value for a 5-year period of the license, together with a lump-sum payment of $32000 (risk-free income) on execution of the license is then the 'asking price' in the example. The TTF of this projection is 2.6, implying that for every dollar of royalty paid, the OP to the licensee enterprise is multiplied by this factor.
The GNU Free Documentation License (GFDL) is not permitted as the only acceptable license where all of the following are true: [3] The content was licensed on or after 1 August 2021. The licensing date is considered, not the creation or upload date. The content is primarily a photograph, painting, drawing, audio or video.
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As the copyright holder you then can release it under any license you want, for example the Creative Commons Attribution Share-Alike License. However, taking a photograph of a copyrighted object such as artwork, brand labels, or even a building in some countries (see Freedom of panorama ), could mean you are not the copyright holder of the image.
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A royalty payment is a payment made by one party to another that owns a particular asset, for the right to ongoing use of that asset. Royalties are typically agreed upon as a percentage of gross or net revenues derived from the use of an asset or a fixed price per unit sold of an item of such, but there are also other modes and metrics of compensation.
Rights Managed, or RM, in photography and the stock photo industry, refers to a copyright license which, if purchased by a user, allows the one-time use of the photo as specified by the license. If the user wants to use the photo for other uses an additional license needs to be purchased. RM licences can be given on a non-exclusive or exclusive ...