Monthly Archives: July 2009

Come on! Give us your best legal questions!

cherylhodgsonOne more week until I have a special guest, attorney Cheryl Hodgson, on my “Ask Tara Reed” call.  I will be organizing the questions on Friday the 18th so if you want a shot as some free legal advice, you better submit your question or forever hold your peace!  (Or open your wallet with Cheryl or the attorney of your choosing…)

Do you have questions about contracts?  How about copyrights? Trademarks? Anything?  This is your chance!

SO… if you don’t ask, we can’t answer.  That’s about all I have to say about that.

CLICK HERE to submit your question and we’ll talk to you on Wednesday, July 22, 2009.

Three Reasons Why I am NOT at the Gift Show in Atlanta…

… and why I’m rather sad about it right now.

Atlanta is home to the AmericasMart buildings – three towering, 14-20+ story buildings connected by tunnels, elevators and escalators in the heart of downtown.  Twice a year they have the big “Gift Shows” where many manufacturers who license art are opening the doors to their showrooms and selling their (our!) wares.

The biggest show is in January and I have attended that show every year for the past 4 years… I think.  Maybe 5, I’m beginning to lose track.  I went in July once… it was SO HOT I thought I’d melt!  Guess that’s why they call it “Hot-lanta” in the summer.

So here are 3 reasons I’m not there right now, as I type:

  1. I’m trying to be fiscally responsible. There are so many shows that an artist could attend or exhibit at to make connections that you’d have to make 6 figures to have 6 figures to ‘move about the country’.  Since we are in business to make and keep some of our money, it is important to balance and analyze how any money is being spent.  I have decided that going to the show once a year is fine.  (Don’t forget – I live in Oregon so it is quite a trek for me.  I’d make a different decision if the flight was 2 hours and $100…)
  2. I need to get some art done. I’ve been on the move a lot this year and spring is always busy – so again, if I go to every show, when do I get the art done?
  3. It’s just too darn hot in Atlanta in July.  That’s a true reason why I don’t want to go… I just can’t stand the heat so I’ll stay out of the south in the summer if at all possible. :)

So why am I sad – you ask? Because even though there are valid fiscal reasons for me to be in my studio, I still hate to miss things!  Artists have asked if I was coming, so I’m missing some fun.  A few manufacturers asked if I would be there so I’m missing some face-to-face interaction.  And look at this photo!  I’m missing seeing a wall of my shoe art at the entrance to the Thirstystone showroom – how cool looking is that!  I wish I had space in my studio to re-create it – it’s pretty sweet.  And my studio is red so it would work perfectly… but alas, I don’t have that much open wall space so I’ll enjoy this photo for now.

atlanta-thirstystoneIf you are at the show – I hope you are making great connections, ‘visiting’ your licensed art and having some fun as well! Perhaps I’ll see you in the many maze-like halls in January…

Here’s to our creative (and fiscally responsible) success!

– Tara

What is the difference between selling your art, licensing your art and flat fee licensing?

paultaraphotoDuring my June “Ask about Art Licensing Call”  I interviewed art licensing industry veteran, Paul Brent.  One of the questions we answered from an artist was, “When an artist is starting out, is it better to do licensing or selling your art?” Paul responded basically “do one OR the other” not both.  This caused some confusion so I thought I would clear up the issue in a bit more detail.

What does it mean to be a “selling artist” or “selling your art”.  Are they the same thing?

This is one of those cases were making sure everyone has the same definition is key.
Does it mean selling original art as in a gallery setting?
Does it mean selling art for the fine art print market?
Does it mean selling art to manufacturers?

When Paul Brent answered the question, when he referred to being a ‘selling artist’ he meant selling a piece outright to a manufacturer.  For a set amount of money, the manufacturer buys the art and all copyrights associated with it.  Some manufacturers and industries will only buy art.  They want to pay up front for a design and walk away with it — all copyrights included.  Then they can take it, tear it apart, change colors, put anyone’s name on it, etc.  It becomes theirs completely, you as the artist create something new.  You can not use the piece of art in any other way or version, you start over.

So that is “selling your art”.  Many artists like this format.  They create, they get paid, they move on.

But artists like Paul Brent and myself have a different way of doing business.  We prefer to “license” our art.  Licensing means we retain the copyrights and control of our art.  We “license” the rights to manufacturers, through written contracts, to use our art on their products for a certain period of time.  The goal is to license the rights to the same art to many manufacturers so you can earn a nice living.

Traditionally, licensing contracts are based on royalties so artists are paid based on sales.  That means you wait, sometimes 12-18 months to be paid, but you share in the risk and reward of the product.  If the product does well, you should make a lot more in royalties than you would be paid if you simply sold a design.  If it doesn’t do well, you may make less.

“Licensing your art” means you can use your art more than once, you retain the copyrights and you have to wait a little longer to see the money. But once you get projects in the pipeline, you can earn a nice income.

So what is this “flat fee licensing” and how is it different from selling art?

To my way of looking at it, flat fee licensing is like a hybrid car – it has some things in common with selling art and some things in common with licensing.  The contract is like a licensing agreement (products the art will go on, time frame for the usage, you retain copyright) but instead of a royalty percentage, you both agree to a set fee.  The key difference between this and selling your art is that you still maintain the rights to use the art in other areas, you have simply agreed to an amount of money you make up front.

So with the subtle yet key differences between selling and flat fee licensing explained, I agree with Paul Brent’s answer to the question.  It would be hard to both sell and license your art unless you have two looks, two names and good organization so you know what you did with each piece!

To learn more about art licensing from artist Paul Brent, visit www.AskPaulBrent.com and listen to his free, one-hour interview about art licensing from March 2009.  You can also purchase the audio from his June 2009 teleseminar, which includes the answer to this question and others, by clicking here.

Here’s to your creative success!

– Tara (& Paul)

Celebrate

4thofjuly-09

Today I have decided that ‘less is more’ and my picture speaks for itself.   I plan to pause and appreciate the freedoms I enjoy in my life and hope that you do as well.  Here’s to a safe and happy holiday…

– Tara

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