Study Discloses $5.847 Billion Generated In Royalty Income In 2000
Licensing proves to be a viable and growing industry, according to the most recent study sponsored by the International Licensing Industry Merchandisers Association (LIMA), in conjunction with the Yale School of Management and the Harvard Business School. According to the report, property and trademark owners received royalties of $5.84 billion from manufacturers who paid for the right to use trademarks, characters, logos and artwork to sell products in the United States in 2000, representing a $248 million increase (4.4%) in the last year.