Sunday, April 28, 2024
 

Should artists get future proceeds from previously sold artworks?


show-me-the-money-jerry-m2

That’s the theme of the weekend. And all last week.

Much as been written about this issue, mostly against passing such a bill, the American Royalties Too Act of 2014, which is currently pending in Congress and may get its day on the floor tomorrow.

What can one add to the drawbacks of the “ART Act”? Donn Zaretsky makes great points against it, and some for it, based on “fairness.” Neil O’Donnell has some thoughts here. Here’s Rauschenberg’s son opining on why it’s a good thing.

As Donn also points out, I wonder why the cap is set at $35K. Why that low? If the issue is “fairness” and just desserts, then why set a ceiling?

 

 

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