Over £2.3m was paid to 873 artists and artists’ estates in Artist’s Resale Right (ARR) royalties by the Design and Artists Copyright Society (DACS) in the first quarter of the year.
Of the 873 recipients, 53 were paid ARR royalty for the first time. The median payment for the quarter was £280, with over 60% of all royalties under £500.
£120m has been paid out in total to 5,900 artists and estates since 2006, when the right became UK law.
DACS Chief Executive Christian Zimmermann said ARR is a vital source of income for artists working in the UK.
“We know from our members how important these payments are to artists who use their royalties for living expenses, materials and studio space – helping sustain their practice,” Zimmerman added.
“Estates often use the money for cataloguing, archiving and restoration – making sure that the legacies of British artists are preserved for future generations."