533110 — Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)

Description

This industry comprises establishments primarily engaged in assigning rights to assets, such as patents, trademarks, brand names, and/or franchise agreements, for which a royalty payment or licensing fee is paid to the asset holder.

Exclusions & Cross-References

• Establishments primarily engaged in producing, reproducing, and/or distributing copyrighted works are
• classified in Sector 51, Information;
• Independent artists, writers, and performers primarily engaged in creating copyrighted works are classified
• in Industry 711510, Independent Artists, Writers, and Performers;
• Establishments primarily engaged in leasing real property are classified in Subsector 531, Real Estate;
• Establishments primarily engaged in leasing tangible assets, such as automobiles, computers, consumer
• goods, and industrial machinery and equipment, are classified in Subsector 532, Rental and Leasing
• Services; and
• Establishments that allow franchisees the use of the franchise name, contingent on the franchisee buying
• products or services from the franchisor, are classified elsewhere.
• 455
• Sector 54--Professional, Scientific, and Technical ServicesT

Overview Facts