Licensing agreements are often used for the commercialization of technologies. Website licensing is less expensive than buying multiple copies of protected works. However, users cannot make copies of digital media outside the location listed in the site`s license. The site`s licensing agreements must be respected so that licensees can protect themselves from liability. If you have an OEM computer equipped with Microsoft Windows or other software, its software cannot be transferred. You could not use the software license of an HP or Dell computer on any other computer.B. For the purposes of the single site License Rights, the term ”geographic site” refers to a site no more than 800 metres radius. The site`s licenses are sometimes called multiseat licenses, implicitly distinguishing individual licenses (individual seats); This parallel use uses the terminology of multi-seat configurations for mainframes, with the same figurative analogy of several workers sitting in front of an instance (a terminal or a copy of the application). The costs of the licence can then be analyzed in terms of costs per seat installed, the idea being that these costs must be lower if the site license is to be advantageous compared to the granting of an individual license. An example of a licensing agreement in the restaurant industry would be that a McDonald`s franchisee has a licensing agreement with McDonald`s Corporation that allows them to use the company`s branded and marketing materials. And toy manufacturers regularly sign licensing agreements with movie studios and give them the legal authority to produce action characters based on popular similarities of movie characters.
Examples of licenses are available in many different sectors. An example of a licensing agreement is an agreement between software copyright holders to a company, which allows it to use computer software for their day-to-day activities. The bargaining power of both parties to a licensing agreement often depends on the nature of the product. For example, a film studio that would grant the image of a popular superhero to an action figure maker could have considerable bargaining power in this negotiation, as the manufacturer will likely benefit from such an agreement. The film studio therefore has the lever to take its business elsewhere if the manufacturer has cold feet. There are four main sections of software licensing agreements and each of them includes different information that is essential to the execution of the agreement, as follows: A site license is used when purchasing software for individual uses of the site, but with multiple users. This is the use of acquired works, protected by rights, used by several users in a single site. These users are allowed to access works protected by copy, but only in this location.
Website licensing agreements sometimes contain a number of restrictions on the number of copies of software created by end-users.