A licensing method includes the steps of establishing a licensing vendor; providing an imaging device that uses an imaging media in forming printed images on print media, the imaging media including an initial supply amount of an imaging substance; associating a usage license with at least one of the imaging device and the imaging media, the usage license defining a first usage threshold at which a consumer is prompted to acquire a new license; and providing a license monitoring mechanism communicatively coupled with the imaging device, the license monitoring mechanism performing the steps of tracking an amount of usage of the imaging media by the imaging device; determining whether the amount of usage of the imaging media by the imaging device has reached a usage threshold; and upon reaching the usage threshold, then prompting the consumer to acquire the new license from the licensing vendor.