Artist resale right is a right for a visual artist. It allows for some form of gain on future sales of a particular work as its value accrues. It's usually done as a portion of the proceeds that comes out of the gallerist or the auction house that does the sale.
As with all things in copyright, it's a challenging issue. There are views on both sides of artist resale rights. We have examined this in the past.
You'll hear from some that being able to benefit from the upward gains of their creative work is critical for people. You'll hear from others that those creative gains are often for superstar artists, of which there are not many, and that the incremental gain for them over the course of their life is not that high, whereas for most artists it's a slow and steady kind of gain and not a one-time windfall.
You'll hear from some that our gallerists already make a significant investment in the promotion and development of their artists and that for the artists to claim back a portion of their proceeds later in life will disincentivize the gallerists from making such investments.
It's a complicated issue, but one we have looked at.