Licensing Terms

Last updated: June 10, 2026

The following framework describes how Hughes Venture Studios typically structures opportunities. Final terms for any individual venture are set out in a signed agreement and may differ.

1. Models Offered

• Operator Licence: a non-exclusive or exclusive right to operate a named venture for a defined term, in exchange for a monthly licence fee.
• Revenue Share: the operator runs the venture and pays an agreed percentage of net revenue or profit to Hughes Venture Studios.
• Strategic Partnership: joint operation with shared responsibilities, contribution and economics, defined per venture.
• Full Acquisition: outright transfer of the venture (brand, domain, code, accounts, IP) to an approved buyer for an agreed price.

2. What a Licence Includes

• Right to operate the named venture under the agreed brand and domain for the 12-month licence term.
• Hosted access to the existing custom-built website/platform and supporting systems, maintained by Hughes Venture Studios.
• Operator onboarding and ongoing platform support for the duration of the licence.
• Use of brand assets strictly for the licensed venture, for the licence term only.

Licences do not include any transfer or handover of code, domain, hosting, accounts or intellectual property. All underlying assets remain with Hughes Venture Studios at all times.

3. What a Licence Does Not Include

• Ownership of underlying IP (unless under an Acquisition agreement).
• Rights to sublicense, resell, or transfer without prior written consent.
• Rights to operate any competing venture using the same systems or branding.

4. Operator Obligations

• Operate the venture lawfully and in good faith, in line with the agreement.
• Maintain reasonable security, compliance and customer-service standards.
• Pay licence fees and/or revenue share on time and provide agreed reporting.
• Protect confidentiality of non-public materials.

5. Approval Process

All applicants are reviewed. We may request background, funding, operational plan and references. We reserve the right to decline any application without giving reasons.

6. Term, Renewal and Termination

Each agreement defines its own term, renewal and termination triggers (including breach, insolvency or reputational harm). On termination, all rights to operate, use or display the licensed assets cease immediately and operator-held data must be handled per the agreement.

7. Fees and Payment

Fees, revenue share percentages, minimums, payment frequency and currency are set out per venture. Late payment may incur interest and is a material breach.

8. Compliance

Operators are solely responsible for licensing, taxes, gambling/financial/consumer regulations and any other compliance obligations applicable to the venture in their territories of operation.

9. Confidentiality and IP

All non-public materials remain confidential. All underlying IP remains with Hughes Venture Studios unless expressly transferred under an Acquisition agreement.

10. Apply

To request private terms for a specific venture, submit an application.