Advocacy groups are pushing for a 5% royalty in resales, which would pertain even after the artist dies, in which case the funds would go to their estate.
artist resale royalties
Posted inIn Brief
Artists Lose Royalty Rights on Primary Market Sales in Italy
Artists may lose their cut of the profits, but industry experts say it’s crucial to keep Italy’s galleries competitive with the international market.
Posted inArt
Finally, a Forum on Resale Royalties Brings Artists into the Conversation
Spurred by the reintroduction of the ART Act (American Royalties Too) to Congress, last night Artists Space hosted a public forum on the issue of artist resale royalties (ARRs).
Posted inArt
Hans Haacke on “Gift Horse,” Gulf Labor, and Artist Resale Royalties
Early last March, London’s Conservative mayor Boris Johnson unveiled Hans Haacke’s “Gift Horse,” the tenth commission installed on Trafalgar Square’s Fourth Plinth.