A royalty is a payment made by one party (the "licensee") to another that owns a particular asset (the "licensor") for the right to ongoing use of that asset. Royalties are typically agreed upon as a percentage of gross or net revenues derived from the use of an asset or a fixed price per unit sold of an item of such, but there are also other modes and metrics of compensation. A royalty interest is the right to collect a stream of future royalty payments.
A license agreement defines the terms under which a resource or property are licensed by one party to another, either without restriction or subject to a limitation on term, business or geographic territory, type of product, etc. License agreements can be regulated, particularly where a government is the resource owner, or they can be private contracts that follow a general structure. However, certain types of franchise agreements have comparable provisions.
A landowner with petroleum or mineral rights to their property may license to another party rights to extract those resources in exchange for a resource rent, or a royalty on the value of the resources sold. When a government owns the resource in question, the transaction is often subject to legal and regulatory requirements.
Why are you complaining about the violence on tv
when the biggest problem is the violence in reality
you say the media's responsable for choosing what they show
but I think we're all smart enough to know
that the news is here to show us what is really going on,
entertainment isn't real so how could it be wrong
There ain't no point in banning everything you hate to see,
cos if you don't approve all you really have to do is turn off your tv
Violence was here before we had the television,
so I don't think the people really need your supervision
cos' nobody was laughing when the scenes of war exploded,
it's easier to laugh when the gun ain't loaded
In reality you're dead when you're a victim of a gun
but on a television show the situation can be fun
cos' the biggest jokes in life are always based on our reality,
the difference is an actor doesn't kill to make his salary
You can't stop the violence with your fake morality
cos human nature made brutality
You can't stop the violence with your fake morality
when human nature made brutality
Why are you complaining, why are you complaining, why are you complaining
the only real problem is the violence in reality
if you want to ban a violent show then ban the news
cos' that's the only film everybody's gonna lose
You can't chose and no one's getting payed,
the only thing that's happening is people getting slayed
Film fiction is a reflection of the facts of real life,
it's impossible to kill somebody with a plastic knife,
so why are you complaining about the violence that you see on tv
when the only real problem is the violence in reality
You can't stop the violence with your fake morality
cos human nature made brutality
You can't stop the violence with your fake morality
when human nature made brutality
Why are you complaining, why are you complaining, why are you complaining