Are licenses or royalties needed?

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monkeysin
Posts: 2
Joined: Thu May 19, 2011 3:19 am

Are licenses or royalties needed?

Post by monkeysin »

Hey everyone,

I was thinking of purchasing one of these items for a PS3 for pay to play with a coin mechanism.
I have a bit of concern. Does anyone know if you need to purchase a license agreement or pay royalties on videogames you own, but want people to pay for when they play your games? I know I can't take it as legal advise, but has anyone dealt with this before or came across this same problem? Or know an answer?

Thanks.
Administrator
Posts: 386
Joined: Mon Jan 15, 2007 6:38 pm

Re: Are licenses or royalties needed?

Post by Administrator »

You do not need to purchase a license agreement or pay royalties on video games you have already own
monkeysin
Posts: 2
Joined: Thu May 19, 2011 3:19 am

Re: Are licenses or royalties needed?

Post by monkeysin »

Even if your an arcade business and letting people pay to play the game? I only ask because I was wondering if it is like the music industry.
Administrator
Posts: 386
Joined: Mon Jan 15, 2007 6:38 pm

Re: Are licenses or royalties needed?

Post by Administrator »

I am not sure if it is like the music industry. But I am sure it is OK for Xbox 360, PS3, WII and PC games. We have been in this business for more than 11 years.
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