Term
For a living company, a two to three year term with renewal and refresh rights keeps the holder's leverage; for a one-off archive, price the sale as perpetual.
Dated 23 Jul 2026Source checked 23 Jul 2026Quote found on its page again 17 Oct 2026Basis: stated
In the source's own words
“In January 2024, we entered into certain data licensing arrangements with an aggregate contract value of $203.0 million and terms ranging from two to three years.”
Where it was read
Reddit, Inc. Form S-1, checked 22 Feb 2024
Everything read from this source (4)Archived copy, 12 Oct 2026
Troveo: AI data licensing, checked 23 Jul 2026
Everything read from this source (6)Archived copy, 15 Oct 2026
eWeek: HarperCollins book catalog to train Microsoft AI models for the next 3 years, checked 7 Dec 2024
Also read from the same source
- Reddit's data licences signed in January 2024 (access to search and analyse Reddit data), aggregate of several contracts
- Price structure: fixed fee, per-unit, variable and revenue share
- Delivery format, refresh and performance obligations
- Troveo and 7,000+ licensors (rights holders): intermediary, mixed licensed data (mainly video and audio; business data program added)
- Price exclusivity as a multiple, and never give it by default
- Exclusivity and exclusivity windows
Figures it counts in
It is shown on its own, not counted into a figure.
Cited in these 4 guides