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The Royal Mail refuses to publish its database of postal addresses because it makes money licensing it to businesses.
Company A can own the patent and license it to company B. Because the only asset for company A is the patent, and the only purpose for company A is to earn money licensing the patent, chances are it's not going to go bankrupt: It has no costs, and no creditors.
Under the settlement terms, a third of the $14 million due will be repaid to people who had previously spent money licensing the song.
Video game publisher Acclaim Entertainment bought Valiant for $65 million in 1994 and acquired developer Iguana Entertainment for $5 million plus stock a year later, part of a strategy to develop games in-house and make money licensing characters in different entertainment media.
"It's hard to make money licensing things unless you're Martha Stewart.
Besides the millions of dollars it accrues in selling its own Warhols, it also makes money licensing Warhol images and merchandising.
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A second customer is a gift card provider who would otherwise require an electronic money license.
The startup has built its own tech stack and, although not a fully-fledged bank, holds an electronic money license and is regulated by the U.K.'s FCA.
Paytm, a payment services provider in which Jack Ma's Alibaba recently acquired 25percentt, is just one of the 40 or so applicants for mobile money licenses under the new regulation. .
(Another site, ITASoftware.com, earns money from licensing its technology, not referrals).
com plans to make money by licensing its technology to telephone companies and cellular carriers.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com