The second wave of exploitation, such as the licensing of ringtones and products associated with the song and/or singer, can only start when a song becomes well-known.- True
what is licensing?
- An agreement between businesses whereby one firm authorizes another to produce its goods in exchange for a certain fee.
- The licensing of your patents, trademarks, copyrights, designs, and other intellectual property to third parties is one of the fastest and most lucrative methods to expand your company.
- An illustration would be Walt Disney approving a license for McDonald's to co-brand its Happy Meals with a Disney-owned figure.
- a technology license that gives the licensee permission to utilize any intellectual property, including software, owned by the licensor.
To know more about licensing, refer to the following link:
https://brainly.com/question/24827828
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