LICENSING ART WORK

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"Fireworks", by Gayle Crites - This is a case where the license earned  several times what the sale of the original painting earned.

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Licensing Dollars  continued   -return to previous page

Reprinted with a Hearty, "Thank you" to Art Business News,    by Lisa Fondo

And while anyone can license their art, it is important to have an understanding of the process before making the leap. As with any industry, there are many variables. With an assist from some song titles, let's look at the basics.

1. What's It All About ...?

Licensing is probably the best way for an artist to increase name recognition and income. The technical answer to the question posed by the song title (above) is an agreement between parties to produce artwork on products that will be sold to consumers. To this day, I meet artists who look at me with a blank stare when I say I am a licensing agent. I am not issuing license plates at the local D.M.V. So, how does the art make its way to product?

 

2. Help!

Most artists utilize the services of an agent. Licensing is a fulltime job. It is unlikely that an artist will have any time to paint if he tries to handle the licensing on his own. An agent will be able to navigate the journey from art to product and should bring a thorough understanding of how the industry works, stellar contacts and knowledge of the legalities involved in a license. Agents monitor all financial aspects of the agreement, as well as the troubleshooting. The standard split in the industry is 50/50.

The agent is not paid until a license comes about and may be working for a year before a deal comes to fruition. It is important for the artist to understand that there is no magic wand that the agent waves to bring in a license. To be sure, the work is hard and the competition fierce. There must be a written agreement between the parties that clearly spells out the terms. Some agents work on a 75/25 split, with 75 percent going to the agent. If less than 50 percent is offered to an agent, it is usually with the proviso of a retainer being paid to cover the agent's expenses. Publishers without an in-house licensing department should expect to pay an agent a fee for their services, along with a small percentage of any licenses they bring to the table.

3. Every Picture Tells a Story

Being a great artist is not enough. It isn't even necessary. Some of the most successful licensed artists may not be considered the most technically proficient. But what is important is the ability to "see" their work on products in a realistic way. Important questions to ask include: Does the artwork translate to product? Is it within current design specs? Artists may create imagery that is extraordinary, but that does not mean it will translate to product.

As Lyndsey Fischer of Indianapolis-based Hindostone Products, Inc., puts it, "An artist that is flexible in regards to manipulating the artwork to fit the product is wonderful to work with." Some artists are willing and able to create roughs or prototypes to illustrate to a licensee just how well their work would suit products. Images presented as a series are appreciated. It is necessary to have a body of work to offer, while continuing to produce new and fresh images.

 

4. Same Old Song and Dance

Those who lived in a cave the past year may have missed it, but most people have probably seen these on hundreds of products: martinis, girlfriends, fashion, wine, tropical scenes and chef images. Once a "trend" is in play, every manufacturer wants to offer their version to retailers. It is important for their bottom lines to do so and for artists to produce the designs that are in demand. Of course not every consumer will buy what is "trendy," but it is important for a manufacturer to offer a selection of both staple and trendy designs in each line..

 

Hindostone Products' Lyndsey Fischer offers this take on the situation: "The tropical theme will always be popular and is a staple in our line. It appeals to consumers who live in coastal areas, as well as people who vacation in them. Coffee and martini themes may not be around as long, or be as strong, as tropical."

And when it comes to art images that have been featured on products for decades, such as Adirondack chairs with tropical drinks and umbrellas, the challenge is to put a new "spin" on an old subject, perhaps with hot, trendy colors. Among manufacturers, the staple designs most requested year after year are floral, fruit, tropical, herb, wine/vineyards and roosters, along with cats, dogs, and Christmas scenes. It's all about the image, and not the medium. Whether it's oil, acrylic, crayon, watercolor or pastels, people buy the image.

Judith Lynn, a former New York City Opera star, agrees. New to the licensing market, Lynn has combined her love and passion for music with her love of fine art to create unique imagery. Many of her images incorporate musical notes with traditional floral designs, such as "Tulip Tune." As Lynn says, "I take my inspiration from the beauty of the two things I love most in this world--nature and music. Music swirls and whirls like the changing waves on the water. It renews itself and is never the same."

Publishers of posters and limited edition prints have a bit more leeway in choosing art that is more varied and can include subjects that may not be in great demand for licensed products. Still, classic images are always at the core for publishers of wall art. As Meghan Faulkner of Emeryville, CA-based Editions Limited says, "Staples, like black and white florals--Sondra Wampler's work, for example--are always popular, regardless of the current trends. Wampler's work is timeless and therefore is above fashion trends in the market."

So, which comes first--the wall art or the product? Faulkner answers, "We certainly visit retail stores frequently and note art, as well as accessories. Furniture and accessory trends are very important; they point to future trends in the art world."

5. Money!

Royalties vary by product, but range from 3 to 10 percent, with home decor at the low end of the royalty range, and prints and posters at the high end. Obviously, an artist with proven name recognition and consumer acceptance is going to generate more sales and may be able to command a higher royalty. Royalties are paid on a quarterly basis.

An advance and guarantee may be part of the license. When offered, an advance can vary from $50 to $2,500 per image, depending on the product, and a guarantee can be from $5,000 on up, depending on the extent of the product line. This agreement is beneficial for the artist whose work might not sell, but who would still be compensated for the time their imagery was tied up by the licensee.

well, you've made it this far, you may as well finish reading...

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LICENSING AGENCY LINKS

Agent Andy - Andrew Abrams

Air Waves, Inc.

Artistic License

B Creative, Inc.

Brand Ventures Group

Frends & Associates

I Licensing

International Greetings

Licensing Group

Lifestyle Licensing International

Linda McDonald Inc.

Looking Good Licensing

MHS Licensing

Mill Pond Licensing

Mosaic Licensing

PM Design Group Inc.

Rights International

Schurman Fine Papers

Somerset House

Stratigic Alliance Associates

Synchronicity

Licensing World

Tangle Inc.

Trade Marketing Services

Art Licensing International

Trans World Concepts

 

 


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