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Data licensing refers to the process of granting or obtaining legal permission to use and access data, typically through a contractual agreement between the data provider (licensor) and the data user (licensee). It establishes the terms and conditions under which the data can be accessed, utilized, and shared.
A data license agreement, or DLA, is a contract between an individual or company and another party when someone wants to gain access and use some type of data. The agreement can include clauses about how to share data with others not involved in the licensing agreement.
To get back to basics, content licensing allows companies to republish or repurpose published material through a legal agreement often referred to as a copyright license. It's a flexible solution for companies looking to add to their digital magazines, blog posts or other content initiatives.
A licensing agreement allows one party (the licensee) to use and/or earn revenue from the property of the owner (the licensor). Licensing agreements generate revenues, called royalties, earned by a company for allowing its copyrighted or patented material to be used by another company.
Data license agreements (DLA), or data use agreements (DUA) are documents that describe what kind of data is being shared with recipients. A DLA clearly states the purpose and duration of access being provided to the recipient, along with restrictions and security protocols that the recipient of the data must follow.