| ▲ | esseph 2 hours ago | |||||||
Then what are acting and music royalties? | ||||||||
| ▲ | sowbug an hour ago | parent [-] | |||||||
They're the exceptions that prove the rule. For every Taylor Swift, there are probably tens of thousands of songwriters who have never earned a dollar from their creations. The vast majority of valuable copyrighted/patented creations are works for hire, which is compensated just like other labor. Or the creator signs or licenses the rights away to a publisher and maybe receives contractual royalties, rarely more than the initial advance. (An alternative answer is "the pay for your creativity is a capital asset. That asset can earn royalties. Usually it doesn't.") | ||||||||
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