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Like Ittierre's other two licensors (Dolce & Gabbana and Gianfranco Ferr), Versace collects royalties equal to 10% of gross sales.
The complaint filed by F.B.T states "Defendants have failed to comply with the terms of the March 9 , 1998agreement and the 2003 Agreement by failing to account and pay royalties equal to fifty percent (50%) of Defendants' net receipts from the digital uses of the Eminem Masters by the Music Download Providers and Mastertone Providers.
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Now Representative Edward J. Markey, Democrat of Massachusetts, is pushing a measure that would require mining companies to pay a royalty equal to what other industries have been paying for decades, provide safeguards for clean water and give communities and agencies a say about where mining is permitted.
Other ongoing fees include a weekly royalty equal to 5.5% of sales, and another 2.5% to cover marketing and advertising.
For each sale of an In-App Product, we will pay you a Royalty equal to 70% of the List Price as of the time of purchase.
In an arbitration panel proceeding supervised by the copyright office, the Webcasters proposed a royalty rate about equal to those paid to composers and publishers, 5percentt of revenue.
Its biggest expense is the licensing fee it pays to publishers and performers; the performance fee, paid to an entity called SoundExchange, which distributes royalties to artists, is equal to something like 50percentt of Pandora's revenue.
ImClone Systems lost $9.62 to close at $56.42 after Yaron Werber, an analyst at Smith Barney, said the company might have to pay royalty payments to patent holders equal to 6.5percentt of sales of its Erbitux colon-cancer medicine.
It will also mark an end to a profit-share agreement which saw Ant give Alibaba "royalty and technology service fees" equal to 37.5percentt of its pre-tax profits each quarter.
The Internet Radio Equality Act of 2007, a bill before Congress would replace the new royalty structure with a flat fee equal to 7.5percentt of the webcasters' total revenues, however the bipartisan bill has yet to pass.
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