Your license agreement can only contain one or a combination of these payment methods. A content license agreement is a contract between the content owner, the licensor, and the licensee who wishes to publish the licensed content on its own platform to allow end users to access it. Generally, licensed content is protected by copyright, written materials such as articles, essays and blog posts or images, videos and forms of multimedia, so an essential component of a content license agreement is a copyright license from the licensor to the licensee. A copyright license is the permission granted by the licensor to the licensee to use the content in a way that would otherwise violate the licensor`s copyright rights. Copyright gives the owner the exclusive right to reproduce and distribute copies, prepare derivative works and, depending on the nature of the work, publicly distribute and display the copyrighted work. 17 U.S.C § 106, www.law.cornell.edu/uscode/text/17/106. As a general rule, a content licensing agreement gives the licensee the right to reproduce the content in a given media that the end-user can access or be distributed to it. The grant of the copyright license must be explicit, which of the exclusive rights is granted. Copyright is not the only relevant law, content licensing agreements are also governed by contract law and at the national, federal and even international levels. Without this agreement, the owner of valuable intellectual property would not be able to make money with that IP or control how the IP is used around the world. And individuals and companies that need some intellectual property to grow their businesses or make a living may not have access to it. If you own a patent on a piece of useful technology, have a copyright in a popular photo, have protected a special image through trademark law, or own another invention or creative work that allows you to make money, you need a licensing agreement. This agreement allows you to set the terms of everything related to that specific IP and to protect your proprietary rights, including how the licensee may use the IP, who owns the IP, who may sublicense the IP, the price of the license for the IP, and the length of time the licensee may use the IP.
Several types of intellectual property may be covered under this Agreement: the license agreement for example below describes an agreement between the licensor “Valerie J Toups” and the licensee “Matthew K Jordan”. Valerie J Toups agrees to allow Matthew K Jordan to use the Licensed IP on the specified terms. In 2015, Apple Inc. and telecommunications equipment maker Ericsson agreed on a comprehensive licensing agreement that ended a one-year patent dispute between the companies. An exclusive license grants an exclusive license to the licensee, but the licensor reserves the right to use the intellectual property….