the.com/royalties
getting paid every time someone else enjoys the thing you made once.
means a percentage of revenue paid to the owner of an asset, patent, song, or book each time it's used or sold.
from from royal — medieval crown grants let monarchs claim a cut of gold and minerals dug from land they technically owned, and the word stuck long after kings stopped mining.
streaming mathspotify pays roughly $0.003 to $0.005 per stream.
oldest kindmining royalties predate music copyright by centuries.
split gamessongwriters and performers often get entirely different royalty streams.
perpetual assetcopyright royalties can outlive the creator by 70 years.
for instance
happy birthday song — earned warner chappell an estimated $2 million a year before its copyright collapsed in 2016.
opec oil royalties — gulf states renegotiated colonial-era oil royalty deals through the 1960s and 70s.