diff --git a/theatre/studio/README.md b/theatre/studio/README.md
index 5ff2273..9d46a74 100644
--- a/theatre/studio/README.md
+++ b/theatre/studio/README.md
@@ -1,29 +1,20 @@
 # Theatre.js
 
-Theatre.js is an animation library for high-fidelity motion graphics. It is
-designed to help you express detailed animation, enabling you to create
-intricate movement, and convey nuance.
+Theatre.js is an animation library for high-fidelity motion graphics. It is designed to help you express detailed animation, enabling you to create intricate movement, and convey nuance.
 
 Theatre can be used both programmatically _and_ visually:
 
 ![Video showing a browser window containing three divs falling from the middle of the screen, and bouncing back up, animated with the help of Theatre.js](https://docs.theatrejs.com/public/preview-1.gif)
 
-Theatre works with all rendering stacks. You can use it to animate DOM elements,
-THREE.js objects, or any kind of JavaScript variable.
+Theatre works with all rendering stacks. You can use it to animate DOM elements, THREE.js objects, or any kind of JavaScript variable.
 
 ## Guide
 
-Read the guide at [docs.theatrejs.com](https://docs.theatrejs.com)
+TODO
 
 ## License
 
-Theatre.js is released under the LGPL-v2.1 License and is free to use in
-personal _and_ commercial projects. Some of the sub-libraries can also be used
-independently under the Apache License 2.0 license.
+Your use of Theatre.js is governed under the Apache License Version 2.0:
 
-### Bundling with Webpack, Rollup, parcel, etc.
-
-You do not need to configure your build system to be in compliance with the LGPL
-license. Theatre.js is already built in a way that all use of it with any build
-system is already compliant with the license terms. See
-`theatre/studio/src/entries/studio.ts` to learn how this is implemented.
+* Theatre's core (`@theatre/core`) is released under the Apache License. Same goes for most packages in this repository.
+* The studio (`@theatre/studio`) is released under the AGPL 3.0 License. This is the package that you use to edit your animations, setup your scenes, etc. You only use the studio during design/development. Your project's final bundle only includes `@theatre/core`, so only the Apache License applies.
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