diff --git a/LICENSE.TXT b/LICENSE.TXT
new file mode 100644
index 000000000..b1def65dd
--- /dev/null
+++ b/LICENSE.TXT
@@ -0,0 +1,42 @@
+FREETYPE LICENSES
+-----------------
+
+The FreeType  2 font  engine is  copyrighted work  and cannot  be used
+legally without  a software  license.  In order  to make  this project
+usable to  a vast majority of  developers, we distribute it  under two
+mutually exclusive open-source licenses.
+
+This means that *you* must choose  *one* of the two licenses described
+below, then obey all its terms and conditions when using FreeType 2 in
+any of your projects or products.
+
+  - The FreeType License,  found in the file  `docs/FTL.TXT`, which is
+    similar to the  original BSD license *with*  an advertising clause
+    that forces  you to explicitly  cite the FreeType project  in your
+    product's  documentation.  All  details are  in the  license file.
+    This license is suited to products which don't use the GNU General
+    Public License.
+
+    Note that  this license  is compatible to  the GNU  General Public
+    License version 3, but not version 2.
+
+  - The   GNU   General   Public   License   version   2,   found   in
+    `docs/GPLv2.TXT`  (any  later  version  can  be  used  also),  for
+    programs  which  already  use  the  GPL.  Note  that  the  FTL  is
+    incompatible with GPLv2 due to its advertisement clause.
+
+The contributed  BDF and PCF  drivers come  with a license  similar to
+that  of the  X Window  System.   It is  compatible to  the above  two
+licenses (see files `src/bdf/README`  and `src/pcf/README`).  The same
+holds   for   the   source    code   files   `src/base/fthash.c`   and
+`include/freetype/internal/fthash.h`; they wer part  of the BDF driver
+in earlier FreeType versions.
+
+The gzip  module uses the  zlib license (see  `src/gzip/zlib.h`) which
+too is compatible to the above two licenses.
+
+The  MD5 checksum  support  (only used  for  debugging in  development
+builds) is in the public domain.
+
+
+--- end of LICENSE.TXT ---
diff --git a/docs/LICENSE.TXT b/docs/LICENSE.TXT
deleted file mode 100644
index af5a1c50f..000000000
--- a/docs/LICENSE.TXT
+++ /dev/null
@@ -1,39 +0,0 @@
-
-The  FreeType 2  font  engine is  copyrighted  work and  cannot be  used
-legally  without a  software license.   In  order to  make this  project
-usable  to a vast  majority of  developers, we  distribute it  under two
-mutually exclusive open-source licenses.
-
-This means  that *you* must choose  *one* of the  two licenses described
-below, then obey  all its terms and conditions when  using FreeType 2 in
-any of your projects or products.
-
-  - The FreeType License, found in  the file `FTL.TXT', which is similar
-    to the original BSD license *with* an advertising clause that forces
-    you  to  explicitly cite  the  FreeType  project  in your  product's
-    documentation.  All  details are in the license  file.  This license
-    is  suited  to products  which  don't  use  the GNU  General  Public
-    License.
-
-    Note that  this license  is  compatible  to the  GNU General  Public
-    License version 3, but not version 2.
-
-  - The GNU General Public License version 2, found in  `GPLv2.TXT' (any
-    later version can be used  also), for programs which already use the
-    GPL.  Note  that the  FTL is  incompatible  with  GPLv2 due  to  its
-    advertisement clause.
-
-The contributed BDF and PCF drivers  come with a license similar to that
-of the X Window System.  It is compatible to the above two licenses (see
-file src/bdf/README and  src/pcf/README).  The same holds  for the files
-`fthash.c' and  `fthash.h'; their  code was  part of  the BDF  driver in
-earlier FreeType versions.
-
-The gzip module uses the zlib license (see src/gzip/zlib.h) which too is
-compatible to the above two licenses.
-
-The MD5 checksum support (only used for debugging in development builds)
-is in the public domain.
-
-
---- end of LICENSE.TXT ---