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The California Resale Royalty Act (Civil Code section 986), which went into effect on January 1, 1977, entitles artists to a royalty payment upon the resale of their art if the transaction takes place in California or the seller is based in the state. It was the only law of its kind implemented in the United States.
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.
The companies license public performance on a nonexclusive basis of the music they own or hold under contract using a complex weighting formula to distribute the fees to the respective rights holders. [4] The license may be a blanket license, but individual licenses may be negotiated.
Hidden fees are typically used to help a business pose as the most affordable option compared to its competitors.
State trust lands were granted by the United States ... California: Geothermal royalties. ... and gas revenues and royalties. Hawaii: Fees, leases, and license sales. ...
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CCC is a broker of licenses, [5] earning a 15% commission on the fees it collects. [5] The company passes more than 70% of its revenues to publishers in the form of royalty payments to rightholders, and another 30% is kept by the company as a fee for its services. [1]
Indiana's public records law does not allow public agencies (not state agencies as defined in Indiana Code 4-13-1-1) to place restrictions on public records: "that requires the public to obtain a license or pay copyright royalties for obtaining the right to inspect and copy the records unless otherwise provided by applicable statute; if the ...