Question

LyTV, a large U.S. based broadcast network, receives royalty payments from TipTV, a small Ukrainian broadcast network, for using its channels and television programs. TipTV hopes to improve the viewership of its network by making use of LyTV's popularity. This form of agreement is an example of _____.

Answer 1

licensing

Step-by-step explanation:

Licensing agreement is a formal agreement giving a person or organization permission to use or do something.