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The tutorial discusses licensing artwork and important contract considerations when working with companies. The speaker shares their experience licensing artwork for a prepaid Mastercard and emphasizes key contract elements. The primary focus is on payment terms, whether through royalties or a flat fee. If royalties are involved, it’s crucial to understand the percentage being offered and whether it's based on revenue or gross profit. Additionally, artists should consider the number of items being produced and other terms that define the contract's structure. The overall message underscores the importance of thoroughly reviewing contract details to protect one's interests.