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What is a Quarter and what royalties are owed?

I don't fully understand about those 3000$ for product every quarter.. or what is a quarter, in my college a quarter means 15 weeks

So if i publish a game and it makes 2000$ in the first 15 weeks (or whatever a quarter is) i don't have to pay the royalties... But what about the second quarter.. if the product makes another 2000$ it sums 4000$ will i have to pay those 5% on royalies then ?

This isn't my native language.

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asked May 04 '14 at 03:33 AM in Legal & Licensing

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-Soler
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avatar image fragfest2012 May 05 '14 at 02:11 AM

What is this in reference to?

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A quarter is a calendar quarter or a three month calendar period. The four quarters of the calendar are January through March, April through June, July through September, and October through December.

The $3000 royalty exception is on a per quarter basis. Therefore, if your game makes $2500 in the first quarter, no royalties are owed, and if it makes $2500 in the second quarter, still no royalties are owed. If it makes $3500 in the third quarter, royalties are owed on $500.

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answered May 04 '14 at 11:24 PM

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atypic STAFF
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avatar image -Soler May 05 '14 at 01:56 AM

I got it thanks!

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