IAF Position Statement on Artists Resale Right

Luke AlcottArtists Resale Right, Authors earnings, News, WIPO

The International Authors Forum has released a position statement making clear the IAF’s stance on the need for Artists Resale Right internationally.

The Artist’s Resale Right (ARR) entitles creators (authors) of original works of art to a royalty each time their work is resold through an auction house or an art market professional. An ARR can be a significant source of revenue supporting visual artists’ practices and estates’ legacies, which in turn benefits the art market and the world’s cultural heritage. ARR recognises the on-going stake an artist has in the increasing value of their work and it helps to establish parity for artists where other creators of copyright works obtain royalties from successive exploitation of their works.

The position statement can be found below.

IAF Position- Artist Resale Right