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Old 02-11-2020, 12:19 PM
Karen Lane Karen Lane is offline
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Join Date: Dec 2018
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Licensing for small hotel - Help!

Hello, veterans!
I was contacted by an agent for an art consultant company, asking if I would consider licensing one of my paintings for guest rooms in a single hotel in my state. I don't know what a reasonable fee would be, or even what questions to ask. Any advice would be so greatly appreciated.
Karen
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Old 02-12-2020, 09:59 AM
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it'sALLart it'sALLart is offline
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Re: Licensing for small hotel - Help!

I've done this for a few hotels. I generally take the cost of the original painting, take 25% and make that the overall license fee. Then I let the agent know that any and all repros of the painting will be handled by me and explain that they will be quality repros with UV inks. This keeps them from manufacturing additional prints on their own. I charge the amount of the print's cost plus a percentage of the original painting. There are thousands of places to get a UV protected repro done, just ask the agent what size they need.

Example:

Painting original cost: $1000.00

Fee for licensing: $250

Fee for each print:
(16 x 20 original cost: $40.00 + % of original) $60.00

----------------------------------------------

Total for 20 prints: $1450.00


You can play with the numbers and come up with your own totals based on the original's price and the prices of repros. Get some quotes together and make them look professional.

Good luck!
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Old 02-12-2020, 11:25 AM
Karen Lane Karen Lane is offline
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Re: Licensing for small hotel - Help!

This is super helpful! Thank you, Keith.
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