Royalties

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New York Times  Nov 19  Comment 
For years, the British reporter Mazher Mahmood has baited celebrity targets in order to produce scoops, but now an unflattering glare has been turned on him.
newratings.com  Nov 19  Comment 
CAMBRIDGE (MASSACHUSETTS) (dpa-AFX) - Royalty Pharma announced that it will acquire royalties on Vertex Pharmaceuticals' (VRTX) cystic fibrosis treatments owned by Cystic Fibrosis Foundation Therapeutics' or "CFFT", an affiliate of...
OilVoice  Nov 17  Comment 
High Peak Royalties HPR is a growthfocused royalty company with 20 oil and gas projects in Australia and the Seychelles. It has a strong growth profile driven by the development of new projects an
Wall Street Journal  Nov 14  Comment 
Harvey and Bob Weinstein won’t be getting their cut of the gold they had hoped to receive from the second and third “Hobbit” films.
OilVoice  Nov 14  Comment 
Shoreline Energy Corp. TSXSEQ announce that it has closed the sale of its Wattenburg royalty interests for total proceeds of US7.7 million approximately 8.7 million Canadian Dollars based on cur
Wall Street Journal  Nov 13  Comment 
PrairieSky Royalty Ltd. agreed Thursday to acquire a private Canadian oil and gas royalty company in a share-exchange deal.




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Royalties

Payments made by one party, (the licensee) to another, (the licensor) for the use of assets owned by the licensor. In most cases royalties are periodic payments made for the continual use of assets. The amount of a royalties payment depends on how the two parties have agreed to calculate the royalties owed.

In the oil and gas industry, companies pay landowners a royalty rate for the right to extract natural resources, such as petroleum and natural gas, from the landowner's property. Similar agreements exist in the mining industry for minerals such as copper and silver. [1]

An override is a percentage payout to a person of a mineral interest or mineral lease, that is paid after drilling and production costs are taken out, before paying royalties, or that is paid by an agent or publisher or user to the creator of a work. [2]

From 1550s residuals, “royalties” attested by 1966. [3] Override from "over" + ridan "to ride." Originally literal, of cavalry, [4]

References

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