diff --git a/README.md b/README.md
index e934f34081..2c5d7fd313 100644
--- a/README.md
+++ b/README.md
@@ -122,6 +122,4 @@ AWS Elastic Beanstalk Setup (Docker)
 License
 -------
 
-Most Mattermost source files are made available under the terms of the GNU Affero General Public License (AGPL).  See individual files for details.
-
-As an exception, the files in the /model, /web/static, /web/templates, /web/react/utils and all subdirectories thereof are made available under the terms of the Apache License, version 2.0.
+Please see LICENSE.txt for licensing information