One of the essential words in licensing is flexibility, especially regarding licensing agreements. Even after the agreement is signed, things happen, and it will require modifying the contract to fit the market or licensee situation. A successful partnership must work for both you and your licensing partners. If it’s one-sided, […]
Recently Qualcomm announced it was taking a hit on its revenue forecast. The reason is a royalty dispute with Apple, which is withholding royalty payments on its contract. At issue is the royalty rate formula that determines how much Apple owes Qualcomm for the rights to use its chips in […]
Don’t shortchange the time it takes to structure the right type of licensing agreement. If the agreement is riddled with holes, nothing is more draining in both time and money then having to litigate your way out of a licensing agreement. Your licensing agreement is a contract between you and […]
Obtaining a license for an intellectual property such as a popular character can sometimes be an expensive process. If you lack the financial resources or the qualifications, there is another option you can use to get rights to that IP. It’s called a designated distributor agreement. This type of agreement […]
