Photographers & other Artists getting royalties from subsequent auction sales of their works.

The American Royalties Too Act (ART Act)

It’s funny but I’m really not sure how I feel about this legislation to give Artists a share of auction proceeds generated by customers subsequently selling their Art.

Part me me says it’s a wonderful thing, part of me figures it’s a nightmare for the auction houses.

It would be wonderful to receive checks out of the blue as the price of your Art spirals upward.

It will be a nightmare for the auction houses to track down & pay bunches of people they’re not necessarily knowledgeable of and then generate the W-2’s in December.

Now this probably won’t effect me personally since it doesn’t kick in until the sale price exceeds $5000.

The article in PDN is consist and well written. I encourage anyone who is an Artist to read it.

http://pdnpulse.pdnonline.com/2014/03/photographers-get-royalties-auction-sales-proposed-federal-bill.html

So…what do you think?

 

About whyphotograph

Photographer, computerist, slayer of Dragons Head of Photography for AWSchmitt Ltd. producing Creative, Illustrative Photography for your needs. ( www.awschmitt.com ) Formally Head of Photography, Peters Valley Center For Crafts, Layton, NJ (www.petersvalley.org)
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