Popular on eTradeWire
- - 211
- June 14, 2025 The Color Bar Joins "Outrun Hunger" - 204
- "Privacy" & more on PriceofBusiness.com: Latest Guest Posts & Articles for June 13th 202 - 167
- The Matrix Opal by Stella Atrium - A Dystopian Science Fiction Novel - 155
- Introducing GANCloud — The Future of Memory Starts Here - 144
- Nature-Based Printables Help Rhode Island Families Turn Beach Days into Learning Adventures - 136
- NYC Leadership Strategist Stacie Selise Launches Groundbreaking 4S Framework Series to Redefine Executive Excellence - 127
- "Don't You Dare Give Up On God" (2nd Edition) Offers Unshakable Hope for Christians Struggling with Silence, Suffering, and Spiritual Burnout - 126
- Paulding County GOP Chair Ricky Hess Hosts Flag Waving Event joined by Veterans for America First - 117
- Aerial Survey Equipment Rental Expands: RIEGL VQ-1560 II-S for Rent Now Available Worldwide from AerialSurvey.com - 115
Similar on eTradeWire
- Haunted Doll House at The Gregangelo Museum
- Mystical Insights at the Gregangelo Museum
- South Florida Artists Bodhi + Sky, Ages 6 And 9, Head To NYC For Exclusive July Art Exhibition
- Radarsign Tackles Intersection Safety with Launch of Grid-Free Solar LED Stop Sign
- Sir Ian McKellen Portrait to be Unveiled at London Biennale
- Just As The Sun Colors Flowers, Art Colors Life
- Inframark Expands Automation & Intelligence Capabilities, Acquires Systems East, Inc.
- Applications Now Open for One of the Nation's Top Outdoor Art Festivals
- VFAF MD State Chapter Joins Texas Flood Relief Ops said Stan Fitzgerald Veterans for America First
- Meet the Heroes Behind VFAF Veterans for America First: A Tribute to Our Vets said Stan Fitzgerald
Federal Bill to Guarantee Visual Artists a Share in the Proceeds When Their Work Is Resold
eTradeWire News/10807462
WASHINGTON - eTradeWire -- Congressman Jerrold Nadler (D-NY) and Congresswoman Judy Chu (D-CA) have introduced the American Royalties Too (ART) Act of 2025, H.R. 4017, landmark legislation designed to ensure that visual artists are compensated when their work is resold for profit.
Currently, visual artists in the United States do not receive any payment when their work is resold, even if the value has dramatically increased since the original sale. While musicians, authors, screenwriters, and other creators benefit from royalty structures that provide ongoing income from the reuse or resale of their work, visual artists are left behind. The ART Act aims to correct this imbalance by creating a resale royalty right that ensures visual artists receive a percentage of the proceeds when their work is resold.
"Visual artists are the only members of the creative community in the U.S. who do not receive residual payments for the later sales of their works," said Dr. Theodore Feder, President of the Artist Rights Society. "Composers and lyricists receive royalties for the performance of their compositions, playwrights and screenwriters receive residuals for the later performance of their works, but the benefits derived from the resale of appreciated artworks accrue entirely to collectors, galleries, and museums, with not a penny to the artist."
More on eTradeWire News
The legislation covers original works such as paintings, drawings, prints, sculptures, and photographs. Under the bill, royalties would be collected and distributed through a nonprofit visual artists' collecting society, with a focus on transparency, accountability, and timely payment.
Representative Nadler, a longtime advocate for artists' rights, emphasized the importance of economic fairness. He noted that visual artists often earn the least from the sale of their own work, particularly early in their careers, even when those same works later generate large proceeds in the secondary market.
"The ART Act acknowledges the lasting value of creative labor," said Rep. Nadler. "Visual artists contribute to our culture and our economy, and they deserve the same basic rights that other creative professionals have long enjoyed. I want to thank the many arts organizations that have long supported this effort, and I look forward to working with them to promote this legislation in the halls of Congress."
The legislation would bring the United States in line with more than 70 countries that already recognize resale royalty rights, including the United Kingdom, France, and the European Union. Advocates argue that the absence of such protections in the U.S. places American visual artists at a distinct disadvantage in the global art market.
More on eTradeWire News
The ART Act has garnered strong support from national and international organizations dedicated to protecting creative rights, including the Artist Rights Society, the Association of Medical Illustrators, the International Authors Forum, the American Society of Collective Rights Licensing, Inc., and the Songwriters Guild of America.
Supporters of the bill say that compensating visual artists for the enduring value of their work is not only a matter of economic justice but also a way to sustain the future of American art.
The full text of the ART Act can be found here.
Currently, visual artists in the United States do not receive any payment when their work is resold, even if the value has dramatically increased since the original sale. While musicians, authors, screenwriters, and other creators benefit from royalty structures that provide ongoing income from the reuse or resale of their work, visual artists are left behind. The ART Act aims to correct this imbalance by creating a resale royalty right that ensures visual artists receive a percentage of the proceeds when their work is resold.
"Visual artists are the only members of the creative community in the U.S. who do not receive residual payments for the later sales of their works," said Dr. Theodore Feder, President of the Artist Rights Society. "Composers and lyricists receive royalties for the performance of their compositions, playwrights and screenwriters receive residuals for the later performance of their works, but the benefits derived from the resale of appreciated artworks accrue entirely to collectors, galleries, and museums, with not a penny to the artist."
More on eTradeWire News
- Centennial Flyers to Become Colorado's First Launch Customer for All-Electric B23 Energic Aircraft
- Revenue Valve Tells Why Visual Storytelling Is the Secret Weapon for Healthcare Nonprofits
- Renowned Businessman, Acy Brown, Intertwines Philanthropy and Public Service in an Impactful Way
- Real-Time Protection Against Costly UCaaS Configuration Errors and Toll Fraud
- Tragic Lyssavirus Death Highlights Importance of Environmental Health Awareness and Bat Safety
The legislation covers original works such as paintings, drawings, prints, sculptures, and photographs. Under the bill, royalties would be collected and distributed through a nonprofit visual artists' collecting society, with a focus on transparency, accountability, and timely payment.
Representative Nadler, a longtime advocate for artists' rights, emphasized the importance of economic fairness. He noted that visual artists often earn the least from the sale of their own work, particularly early in their careers, even when those same works later generate large proceeds in the secondary market.
"The ART Act acknowledges the lasting value of creative labor," said Rep. Nadler. "Visual artists contribute to our culture and our economy, and they deserve the same basic rights that other creative professionals have long enjoyed. I want to thank the many arts organizations that have long supported this effort, and I look forward to working with them to promote this legislation in the halls of Congress."
The legislation would bring the United States in line with more than 70 countries that already recognize resale royalty rights, including the United Kingdom, France, and the European Union. Advocates argue that the absence of such protections in the U.S. places American visual artists at a distinct disadvantage in the global art market.
More on eTradeWire News
- Fully Accountable Introduces Interactive Accounting Scorecard to Improve Financial Performance
- Second Annual Artists' Rights Advocate Award to Be Presented at The Comedy Store on July 17th
- Pyro Marketing Opens New Digital Marketing Company in Saint Petersburg to Power Growth for Fitness and Ecommerce Brands
- Dr. John Salerno of Salerno Wellness Introduces Their New Full Body Capsule for Advanced LED Light Therapy Patient Treatments
- Ship Overseas Inc. Expands Specialized Shipping Services
The ART Act has garnered strong support from national and international organizations dedicated to protecting creative rights, including the Artist Rights Society, the Association of Medical Illustrators, the International Authors Forum, the American Society of Collective Rights Licensing, Inc., and the Songwriters Guild of America.
Supporters of the bill say that compensating visual artists for the enduring value of their work is not only a matter of economic justice but also a way to sustain the future of American art.
The full text of the ART Act can be found here.
Source: Artists Rights Society
Filed Under: Arts, Government
0 Comments
Latest on eTradeWire News
- Chase & Associates Expands Private Equity Recruiting to Help Firms Build High-Performance Teams
- South Shore Food Bank Executive Director Pamela Denholm Honored as a Commonwealth Heroine
- Raksmart: Promoting Security in Global Hosting Service
- Vibrillo Social Launches: A Bold, Privacy-First Alternative to Big Social Media
- ULGSO Hosts The 2025 Urban Champions Youth Summit: "Lead the Way, Don't Be Led Away"
- Elevate Your Organization's Success With Revelescence
- Partners for Breast Cancer Care to host Aug. 14 Free Breast Health Caravan
- $14M Expansion Deal with Famed David Lloyd Highlights Rebrand of Sports, Entertainment and Gaming Innovation by AI Driven, Online Fan Engagement Co
- Hendricks Property Management Earns "Excellent" Verification from PropertyManagement.com
- New Political Thriller X – Revolution by Jason Alexander Challenges Power with Truth
- Sequentex Announces Strategic Partnership with ConnexAI to Accelerate Sales and Outreach for Florida
- CPM Appointed as New Property Management Company for Woodhaven Crossing in Old Bridge, NJ
- Renowned Makeup Artist Dawn Maloney Releases Groundbreaking Book
- Marvelous Mouse Talk Named One of the Top 100 Disney Podcasts by MillionPodcasts
- Local Pub Grows Unique Community Ownership Program
- The Deady Group Joins AVANT's Trusted Advisor™ Network to Expand Technology Enablement Services
- Former Teacher to Dr. Phil's Critique: "Unschooling Isn't Chaos — It's the Future"
- Heartfelt Dreams Foundation Launches Campaign to Build CHD Hospital
- South Florida Artists Bodhi + Sky, Ages 6 And 9, Head To NYC For Exclusive July Art Exhibition
- ACC STL Congratulates 2025 St. Louis Business Journal Corporate Counsel Award Winners