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Article: UNIVERSITY OF WASHINGTON ROYALTIES TOP $1 MILLION
- Article from:
- US Fed News Service, Including US State News
- Article date:
- September 16, 2009
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SEATTLE, Sept. 15 -- The University of Washington issued the following news release:
The University of Washington announced today that its annual trademarks and licensing royalties surpassed $1 million for just the second time in the history of the institution's licensing program and the first time in over a decade. Final royalty revenues tallied $1.041 million, representing an increase of 7 percent over the 2007-08 year.
The University of Washington started its trademarks and licensing program in 1981. Since its inception, the program has generated over $13-million in revenue that has been used to fund operations for a variety of university activities and programs, including athletics.
The ...