This U.S. Census Bureau NAICS-based industry comprises establishments whose primary source of income is royalties or licensing fees from patents, trademarks, and/or franchise agreements.

Cross-References. Establishments primarily engaged in--

• Publishing a record, CD, or tape--are classified in Industry 334612, Prerecorded Compact Disc (except Software), Tape, and Record Reproducing;
• Leasing real property--are classified in 53, Sector 53--Real Estate and Rental and Leasing;
• Operating businesses under franchised trade names are classified elsewhere in the classification system according to the primary activity of the establishment, ;
• Trading the rights to a whole or partial interest in the proceeds of oil and gas royalties and leases--are classified in U.S. Census Bureau NAICS-based industry 5239102, Oil Royalty Traders, Investing on Own Account; and
• Licensing rights to music--are classified in 51223, Music Publishers.