👉 Royalty engineering is the strategic process of designing and optimizing royalty structures for intellectual property (IP) assets, such as music, software, or content, to maximize revenue while maintaining a favorable relationship with rights holders. It involves analyzing usage patterns, market dynamics, and legal frameworks to set royalty rates, payment terms, and distribution models that align with the value generated by the IP. By balancing profitability for creators or rights holders with sustainable revenue streams, royalty engineering ensures that IP assets are monetized effectively without overburdening users or stifling innovation, making it a critical practice in industries like streaming, licensing, and software development.