|Latest French ruling causes agitation |
in the art world
- is meant to enable authors/artists to receive consideration for successive transfers of their work [Recital 1], so to share in the economic success of their original works of art [Recital 3];
- concerns the physical work, namely the medium in which the protected work is incorporated [Recital 2];
- forms an integral part of copyright and is an essential prerogative for authors [Recital 4].
|Who has to pay |
the resale royalty
for this artwork?
In any case, further developments are likely to occur (and Christie's has announced an appeal to the Supreme Court), so stay tuned!