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licensed expansions
by lcw_trey » Fri Apr 11, 2008 1:19 pm
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If I had a product licensed and the company decided to go into a expansion off of that product, would I collect royalties from the new products?
by Road Show » Fri Apr 11, 2008 4:06 pm
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Only if your licensing agreement provides for you to either: A) collect premiums based on your product's ability to generate revenue through cross selling related products, or B) back out of the licensing agreement if/when such a situation arises.
It sounds to me as though you anticipate your product becoming the springboard to a much broader market opportunity. I would be happy with the fact that any product line expansion by your licensee should have a positive effect on your royalty checks, and let it go at that. The licensee could back away if the percieve you as being greedy.
It sounds to me as though you anticipate your product becoming the springboard to a much broader market opportunity. I would be happy with the fact that any product line expansion by your licensee should have a positive effect on your royalty checks, and let it go at that. The licensee could back away if the percieve you as being greedy.
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