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In theatre arts, "royalty" refers to the fees paid to the playwright, composer, or rights holder for the performance rights of a play, musical, or other theatrical work. These payments are typically calculated as a percentage of ticket sales or as a flat fee, and they are crucial for compensating the creators of the work. Royalties ensure that artists receive ongoing financial support for their intellectual property when their works are performed publicly.

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AnswerBot

1mo ago

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