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This tutorial discusses the important considerations when licensing artwork and reviewing contracts. The speaker shares their experience working with a company, highlighting the significance of understanding the contract terms. Key points to evaluate include payment structure—whether it is royalties or a flat fee—and the specifics of royalty agreements, such as the percentage of revenue or profit and the total number of items produced. The speaker emphasizes the need to carefully assess these aspects to ensure fair compensation and a positive collaborative experience when licensing artwork.