![]() The duration of time that the licensing agreement will last.Who the artist is and who the client is.The Terms Covered in an Artist Licensing Agreement The main objective for the artist to have a licensing agreement is so they can look forward to receiving reasonably large advances and a big royalty percentage for their creations and the time they put into creating. Art licensing involves any imaging likeness that can be bound by a license and can appear on any entertainment medium or manufactured product. Art licensing is a quickly expanding industry, growing exponentially every day because it covers a diversity of products focused on brands, and well-known artists occupied by style and name. Licensing is a 70 billion dollar industry, with the licensing of art comprising 10 percent of the licensing revenue total. Even though it appears to cause added work and effort, an artist licensing agreement will save you money and time in the end. ![]() A licensing agreement should be present in your art-related livelihood because it is a vital part of the growth of your business. You are selling the permission to use the work in a way that you approve of for a set length of time. When granting a client a license to use your work, you aren't selling the work.
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