
Royalties Collection
Royalties collection refers to the process of receiving payments owed to creators or rights holders when their work—such as music, books, or patents—is used, performed, or sold. These payments are typically managed by organizations called collecting societies or rights agencies, which track when and how the work is used across various platforms. The collected royalties are then distributed to the rights owners according to predefined agreements or licenses. This system ensures creators are fairly compensated for their intellectual property, encouraging continued creation and innovation while simplifying the process of earning revenue from their work.