Own-it | Intellectual Property Know-How for Creative Businesses

Knowledge

Royalties

Published 01.01.06 at 09:30

The capitalisation of the thought processes that created the work, commonly a proportion of the profit from publication assigned to an author on each publication. The amount will be determined by agreement, in accordance with precedence or perhaps the relative bargaining power of publisher, distributor and rights holder. LB (Plastics) Ltd v Swish Products Ltd [1979] RPC 551.

The Glossary of IP Terms was prepared by Sarah Andrew of Arts Council England.

Photo credit: TooFarNorth

 

Please note that this article discusses the legal position in the UK at the time of publication. It provides general information only but is not to be regarded as legal advice. You must take advice from a specialist lawyer in relation to your specific circumstances. Further, you should seek additional legal advice when dealing with parties based in other parts of the world or works originating from other parts of the world as the legal position may vary.

Comments

  1. Be the first to comment on this story.

Login

You must be logged in to post comments. Please sign in below or register here.

Search

Knowledge Search
    • Last Week
    • No Limit
    • Past 30 days
    • Today
    • Last Month
    • Any Sector
    • Advertising & Marketing
    • Architecture
    • Design
    • Designer Maker
    • Digital/New Media
    • Fashion
    • Film & Video
    • Museums & Galleries
    • Music
    • Performing Arts
    • Photography
    • TV & Radio
    • Visual Arts
    • Writing & Publishing

Related content

  • Pink Floyd maintains ...

    Pink Floyd has maintained the right to control... view story

    story
  • Copyleft

    'Copyleft' was coined by artist Ray Johnson to ... view article

    article