This is a term that is strongly debated and its interpretation is in flux and can vary from country to country. Cleriti makes suggestions based on its expertise and will develop the tool with the practical questions evolving as a consequence of local legislation and jurisprudence. When in doubt, we recommend you seek independent counsel. “Revenues” above all are all monetary considerations that the contracting party has received in the exercise, the licensing or other conveyancing of the rights to use the work, such as license fees, purchase prices, participations etc. In regard of other forms of remuneration such as barter deals, exchanges or trade-offs, local legislation and jurisprudence applies. The Cleriti portal implements such intelligence into its software.
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