Beginning in 1922, its business developed increasingly until by 1930 its royalties amounted to about $9,000,000.
But the status quo has given him untrammelled power over his tribe and a fund of gas royalties amounting, by one estimate, to 120m rupees a year.
The man who commanded between three thousand and four thousand dollars for a short story as late as 1930 was forgotten by the reading public six years later; in 1936, his total book royalties amounted to just over eighty dollars.
When Nevil Shute died, last January, his obituary in the Times proclaimed him the best-selling novelist of his day, adding that his yearly royalties amounted to a hundred and seventy-five thousand dollars.
Although the court's judgment is not yet final and is subject to appeal, if upheld, the verdict would entitle Rambus to claim substantial royalties, amounting to several hundred million dollars, from Hynix, Nanya Technology and Micron, as well as Samsung, which is the largest Korean memory chip producer but was not involved in the case.
In one typical six-month period in 2009, its royalties amounted to more than $1.6 million.
According to the London-based Design and Copyright Society, an artists' licensing organization that has acted as the primary collecting agency for these royalties and takes a 15percentt commission (covering the cost of collection), approximately 3,360 artists have been paid royalties amounting to 34 million euros since 2006.
Those implementers are then permitted to use standard essential patents on the condition that they agree to pay fair and adequate royalties for that use, with the royalty amount to be set through mutual good faith negotiations.
Rheem gets more volume; GE gets a royalty (amount undisclosed) plus the after-sale service-and-parts business.
