How Epic Games track the 5% payment ?
Hi, as I got , Epic Games will collect 5% from the gross revenue of any product that exceeds the 3000 USD, is this right ? now how you will be able to calculate this numbers ? and what if the developer did not pay this 5% ? and how could you track his real accounting system , he maybe have hidden payments so you can see he get the 3000 USD but in real it was only 2000 $ , this need more clarification to decide if I will use your great engine to check for another one ...
asked Feb 03 '16 at 05:13 PM in Legal & Licensing
I'm not sure that I understand all of your questions. You are correct that royalties are owed for each Product under the EULA at a rate of 5% of all gross revenue for that Product within a calendar quarter after the first US$3,000 for that Product.
You ask how it is calculated. Gross revenue means all revenue for that product. If it's sold for $5 on Steam, then $5 is the gross revenue for each sale.
Each licensee makes a contractual promise by agreeing to the EULA to pay all royalties due to Epic; this is the licensee's legal obligation.
answered Feb 03 '16 at 05:40 PM
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