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Blanket License (noun)
Type: noun
Pronunciation: /blank-et-lie-sens/
Related: Licensor, Licensee, License
What does Blanket License mean?
A license that allows unlimited access to use an entire library of songs during the term of a license for a single fee.
A Blanket License is a type of license that allows the licensee (like a Radio station) unlimited access to use an entire library of songs in a Performance Rights Organization’s library during the term of a license for a single fee. Licensees typically pay a large annual fee for the license.
Blanket License Synonyms: License
Example sentence: “We have a blanket license for five years.”
Tags: nouns
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