How can I use my copyrights to make money?

Depending on the nature and demand for copies of your copyrighted work, you may be able to publish and sell copies of your work to others. You may also be able to license certain rights in your work to allow others to reproduce, print, publish and sell or otherwise distribute or display your copyrighted works. The copyright owner may grant all or limited rights, either worldwide or within specified territories permitting another to exploit the copyrighted work in specified ways and under other specified conditions. Typically these license agreements call for the copyright owner to receive a payment, often times in the form of a royalty. Royalty rates are usually expressed in the form of a percentage of the income the other party derives from the exploitation of the copyrighted work. These license agreements should contain provisions to protect the copyright owner’s rights, and should not be entered into without consulting a competent attorney.