RADIO PATENTS
A NEW AGREEMENT
"PER VALVE"- ROYALTY
(By Telegraph—Press Association.)
AUCKLAND, • This Day.
A new agreement concerning the payment of royalties for patent rights has been made by representatives of the retail radio trade and representatives of the patentees, who met in con ferenee at Wellington last week.
For some years the Post and Telegraph Department has paid the holders of patent rights 3s out of each listener's fee to cover all claims for the use of patented apparatus. This arrangement has been terminated, arid the new agreement will replace it. On and after June 1 no receiver, will: be imported, manufactured, or sold in-New Zealand by a radio dealer without! a payment of 3s 6d per anode stream. This is roughly 3s 6d per valve. '.\ five-valve set will thus bo subject to a royalty of 17s 6'd from June 1. All importers and manufacturers of receiving sets will, be required to provide a fidelity bond of £150 for the patent right holders. On June 1 all radio dealers will be required to declare their stocks and all sets then unsold will be subject to the new charges.
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https://paperspast.natlib.govt.nz/newspapers/EP19340507.2.115
Bibliographic details
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Evening Post, Volume CXVII, Issue 106, 7 May 1934, Page 10
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189RADIO PATENTS Evening Post, Volume CXVII, Issue 106, 7 May 1934, Page 10
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