Douglas Kidder
OSKR, LLC.
Vincent O’Brien
OSKR, LLC.
John Holzwarth
OSKR, LLC.
Johnny Chau
OSKR, LLC.
Lump sums or running royalties; at first glance, it seems like a simple and relatively insignificant choice about the method of payment, but the structure of the royalty matters profoundly to both the licensor and the licensee. A running royalty is a form of metered pricing; the more you use, the more you pay. Lump sum is the all-you-can-eat buffet; you pay the same amount no matter how much you consume. There are many examples of metered pricing (video-on-demand, automobile rental, long distance telephone service, day-passes at the health club) and lump-sum pricing (buying the DVD of a movie, personal automobile purchase, tiered long distance telephone service, health club membership).