Licensing Revenue

Licensing revenue refers to the income generated when a company or individual allows others to use their intellectual property, such as patents, trademarks, or copyrights, for a fee. This agreement grants the licensee the right to use, produce, or sell products using the licensed material while the licensor receives payment, often as royalties. It’s a common practice in industries like technology, entertainment, and consumer goods, enabling creators to monetize their innovations and ideas while providing others the legal means to utilize these assets.