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Old 15-Jan-2009, 18:54
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Default blanket royalty

Can you please tell me what blanket royalty means?

"Inegotiated with people who had products, reports, books... all kinds of things that if boughtindividually would cost you $100. I was able to negotiate blanket royalties, where in reproductionthe cost to me was a nominal $1,000, one-time royalty, plus a $2 printing cost.
We offered prospects two coins whose wholesale cost to us was $20."
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Old 16-Jan-2009, 10:57
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Home Country: Canada
Native Language: English
Current Location: Spain
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Default Re: blanket royalty

A blanket royalty acts like a blanket does. It covers everything.

Rather than paying a royalty for individual items the person negociated a "banket Royalty" that they only have to pay once for an unlimited amount of items.

Does that help?

Diana
http://www.helping-you-learn-english.com

Last edited by English-coach; 25-Jan-2009 at 12:06.
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