Gallery Commission Rates and Their Impact on Artists
4 Dec 2024Understanding the commission rates taken by galleries is crucial for artists planning to showcase their work. These rates can vary widely, typically ranging from 40% to 60%, but several factors influence these numbers. This article explores what determines the cut galleries take, how it impacts artists, and offers insights on navigating these financial agreements effectively. Artists can learn to negotiate terms and maximize exposure and profit from gallery partnerships.
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