Tag Archives: royalties

The Smart Fund: How Digital Devices Can Pay Back Artists While Supporting the UK’s Creative Industry

Posted on: November 27, 2023 by Laura Villarraga Albino

A few weeks ago, the UK’s cultural industry organisations presented evidence to Parliament regarding the challenges faced by creators and performers in receiving fair compensation and, most importantly, the relevance of the Smart Fund. The initiative seeks to ensure fair remuneration to creators for the access, distribution and storage of their work on digital devices. […]

Exploring Artist’s Resale Right in Latin America’s Growing Art Market

Posted on: October 30, 2023 by Laura Villarraga Albino

The recent report from DACS reveals that since 2006, almost £120 million in Artist’s Resale Right (ARR) royalties have been distributed to over 6,023 artists and heirs in the UK. ARR plays a significant role in the UK’s art ecosystem, contributing directly to artists’ practice and their legacies with minimal impact on art market participants. […]