A product license usually referred to as a brand license, is a contract that must be followed by licensees of branded goods and a licensor. They set down terms for royalty payments and safeguard the licensor. intellectual property rights. Even if there are many subjects on which both partners agree, they still need to ensure their relationship by being aware of the law and having the appropriate contracts in place. Products from movies and television that are officially licensed. Best-in-class attire, accessories, and memorabilia from your favorite films and TV shows. No cheap imitations allowed, my friends. Only the best, most meticulously inspected licensed products are made available.