# Film License

In common usage, a **license** refers to any limited **grant of rights to a film**, with the owner retaining other rights to the film. 

**`For example:`**\
`A pre-sale is merely a license entered into prior to completion of a film. Thus, licenses encompass a broad array of grants of rights, ranging all the way from a one-day pay-per-view television license to a grant of all worldwide rights for a term of 25 years.`