Economy
US Artists Finally Benefit from Resale Profits with New Arrangement
Singer Alicia Keys and her husband Kasseem Dean have partnered with auction house Bonhams to introduce a voluntary resale royalty program for living artists. The initiative allows creators to receive at least 1% or $500 when their work is resold, marking a significant shift in the US secondary art market compared to European laws.
Ozetta summarises; the reporting is the newsroom's