Explain different forms of royalty
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Explanation:
Specifically, there are four types of royalties (1) Mechanical Royalties, (2) Performance Royalties, (3) Synch Royalties, and (4) Print Music Royalties. ... As such, each copyright has its own source of royalties.
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Some of the more common types of royalties are book royalties, performance royalties, patent royalties, franchise royalties, and mineral royalties.The party that wants to extract the minerals will often pay the property owner an amount based on either revenue or units, such as barrels of oil or tons of coal.
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