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THE RESALE ROYALTY RIGHT

THE RESALE ROYALTY RIGHT 2026

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The document is a response from VAGA to the United States Copyright Office's Notice of Inquiry regarding the resale royalty right. It advocates for the implementation of a resale royalty law, specifically the Equity for Visual Artists Act (EVAA), to address economic imbalances faced by visual artists compared to other creators. The comments highlight the need for fair compensation for artists through resale royalties, drawing on experiences from other countries and emphasizing the importance of supporting artists' livelihoods and encouraging art creation.

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Click ‘Get Form’ to open THE RESALE ROYALTY RIGHT document in the editor.
Begin by reviewing the introduction section, which outlines the purpose of the resale royalty right and its significance for artists. This will help you understand the context as you fill out the form.
Proceed to fill in your personal information in the designated fields, ensuring accuracy to facilitate proper communication regarding your rights.
In the sections discussing current copyright law implications, provide any relevant comments or insights based on your experiences as an artist or rights holder.
Continue through each section, addressing topics such as payment and enforcement, types of transactions, and calculating a royalty. Use our platform's commenting features to add notes or questions for clarity.
Once all sections are completed, review your entries for accuracy and completeness before submitting your comments through our platform.

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What is a resale right?

Resale rights entitle artists to a share of the sale price when their artwork is resold. Every time an art market professional sells an artists work, the artist receives a share of the sale price in the form of a resale royalty.

What are the resale royalty rights?

The resale royalty right provides visual artists with rights similar to other creators, such as songwriters or authors, who receive royalty payments from their work.

What are the two types of royalties?

Book royalties: Paid to authors by publishers. Typically, the author will receive an agreed amount for every book sold. Performance royalties: The owner of copyrighted music receives an amount whenever the music or song is played, used in a movie, or otherwise used by a third party.

Who benefits from resale royalties?

An artist resale royalty, or droit de suite as it is often called in Europe, provides artists with an opportunity to benefit from the increased value of their works over time by granting them a percentage of the proceeds from the resale of their original works of art.

What do royalty rights mean?

Business royalties: a definition Royalties are payments to the owner of an asset often intellectual property (IP) for the right to use it. These payments are usually a percentage of revenue earned from the asset, or a fixed fee per unit sold. The asset owner who receives the royalty is known as the licensor.

What do royalties mean in simple terms?

Simply defined, royalties are payments that one party makes to another party that is the owner of an intellectual property or real property asset. While royalties are common in the television and film industry, theyre also an important revenue stream for musicians, authors and business owners.

THE RESALE ROYALTY RIGHT 2026

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THE RESALE ROYALTY RIGHT 2026

Here's how it works

How to use or fill out THE RESALE ROYALTY RIGHT with our platform

Complete this form in 5 minutes or less

Got questions?

What is a resale right?

What are the resale royalty rights?

What are the two types of royalties?

Who benefits from resale royalties?

What do royalty rights mean?

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People also ask

What do royalties mean in simple terms?

Related links

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