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Art licensing is when an artist (Licensor) and manufacturer (Licensee) come to an agreement where the artist gives permission for the manufacturer to use their work on products in exchange for payment.
A license contract, also known as a license agreement or licensing agreement, is a type of contract where one party (the licensor) grants another party (the licensee) the right to produce, use, sell, and/or display the licensor's protected material.
There are three ways artists usually find artwork licensing deals: You are approached by a company and offered a deal. You find an agent who represents you and your work, who finds you deals. You approach companies and pitch your artwork for licensing.
Art Licensing is usually a royalty range of 3-10%. Brand and character licensing can go as high as 15%. 2) Where it's sold determines the percentage as well. Mass markets (such as Target, K-Mart, Wal-Mart), start as low as 3-5%.
How to create a copyright license agreement The names of the parties and the description and name of the licensed work: Write out the full legal names of the parties to the agreement. ... The name(s) and description(s) of the work(s) being licensed: List out the work or the works you're licensing to the licensee.