The Artist's Resale Right (ARR) is a royalty that is essential for visual artists to know about.
The Artist's Resale Right means that you could be entitled to a royalty when your work is resold for €1,000 or more, with the involvement of an auction house, gallery or dealer.
As of 1 January 2012, the Right was extended in the UK to cover sales of work by deceased artists still in copyright, which means that your heirs will also be eligible for royalties. In the UK, copyright lasts for the lifetime of the artist plus 70 years after their death, to the end of that calendar year.
This is the most significant new right for visual artists in recent times, giving you an ongoing stake in the value of your work.
Established by artists for artists, DACS is a not-for-profit visual artists’ rights management organisation. Passionate about transforming the financial landscape for visual artists through innovative new products and services, we act as a trusted broker for 100,000 artists worldwide. Founded over 30 years ago, DACS is a flagship organisation that campaigns for artists’ rights, championing their sustained and vital contribution to the creative economy. We collect and distribute royalties to visual artists and their estates through Payback, Artist's Resale Right, Copyright Licensing and Artimage. Since we were founded in 1984, we have paid over £100 million in royalties to artists and their estates – a significant source of income supporting artists’ livelihoods, their practice and legacy.
MORE FROM DACS:
DACS Explains: What is Payback?https://www.youtube.com/wat...
DACS Explains: What is Copyright Licensing? https://youtu.be/n5wCzQ4Ejr0