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But Mr. Johnson and Ms. Merians had to incorporate, hunt down poets and read manuscripts, plus negotiate royalty contracts with their writers.
There may be other companies renegotiating royalty contracts in this manner but Forbes could not identify a single one.
This mechanism is more profitable than standard license auctions, auctioning royalty contracts, fixed-fee licensing, pure royalty licensing, and two-part tariffs.
The key features are that royalty contracts are auctioned and that losers of the auction are granted the option to sign a royalty contract.
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The university accepted the gift, committing management and common stock to Benton and retaining preferred stock and a royalty contract.
Eighty-five percent of that revenue came from a single source -- Google, which has a royalty contract with Firefox.
But a windfall came in the form of a royalty contract with Google, which, like the other search companies, is always competing for better placement on browsers.
Looming over Mozilla's future, however, is its close connection with Google, which has been writing most of the checks that finance the Firefox project through its royalty contract.
In May, Warner Bros. sold back its exclusivity rights to ERPI (along with the Fox-Case sublicense) and signed a new royalty contract similar to Fox's for use of Western Electric technology.
According to a preliminary agreement between the land council and the government and Woodside, the project would bring in an estimated $1.5 billion in royalties, contracts and other forms of compensation to the Aboriginal community here over the next three decades.
When a show hits the commercial jackpot, the noncommercial theater that nurtured it is a beneficiary, through royalties, providing contracts have been negotiated.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com