Artists often struggle to make a living because they see profits only from the first sales of their work. Unlike other creative arts, where the creator can earn a living via sales of books or music, an artist’s product is valuable for its singularity. Droit de suite, or the artist resale royalty right, allows artists to recover a percentage of profits from resales of their work. Implementing resale royalty schemes has been a subject of controversy worldwide due to fears that the art market will relocate to areas without such additional transaction costs—but broad-scale, international implementation of droit de suite can alleviate this perceived unevenness as well as provide artists with the opportunity to earn a living from their work. A new, multi-lateral treaty should be an international priority in order to forever dispel the concept of the starving artist.
"No More Starving Artists: Why the Art Market Needs a Universal Artist Resale Royalty Right,"
Notre Dame Journal of International & Comparative Law: Vol. 7
, Article 6.
Available at: http://scholarship.law.nd.edu/ndjicl/vol7/iss1/6