royalty calculations

Royalty calculations are based on earning a percentage of revenue generated from the use of a protected asset, such as a music recording, book, or invention. For instance, if you own the rights to a song and license it for radio play, you receive a pre-agreed percentage of the income the radio station earns by playing your music. Typically, royalties are calculated by multiplying the total revenue or units sold by the agreed-upon royalty rate. This ensures the rights holder gets compensated proportionally to the success of the work's use or sales.