Digital BW, The Print

Carl

not to sound too untrusting but after Enron,  one can be put careful. 3
points:-

1. who cover losses of prints from room theft by guests who "accidentally"
assume that the prints are like the towel, the ash tray,the soap .... that
is going home as memento of the stay ?
2. transparency and timely of payments - hotel pays who long after sales ?
who does inventory and how regular of the prints ? when do we aka the
starving artist get paid ? on what frequencies are payments made quarterly,
monthly, ....
3. what happens should the hotel request for rotation out of displayed
prints say 1 to 3 months after they are installed.
  -----Original Message-----
  From: Carl Schneider [mailto:mail@...]
  Sent: Friday, July 09, 2004 3:20 AM
  To: DigitalBlackandWhiteThePrint@yahoogroups.com
  Subject: [Digital BW] Re: Potential Opportunity for Visual Artists


  Terry,

  I'm not sure what you would call "very small", but I will give you a
  scenario and you can tell
  me if this looks small to you:

  Hotel XYZ orders 400 limited edition prints of Image A.  These prints
  are displayed in the
  hotel rooms with a retail price of $750.00 each.  In the first year,
  50 of these prints are
  sold to hotel guests (a fairly conservative number).  Hotel XYZ keeps
  35% of the purchase
  price and remits the remaining 65% ($24,375.00) to HotelArtGallery.
  This amount is split
  50/50 with the artist.  In other words, in this scenario, the artist
  would receive $12,187.50
  in the first year from this one image in this one hotel.

  In addition, there remain 350 prints of Image A on display in the
  hotel rooms of Hotel XYZ.
  These prints will continue to be sold to hotel guests in the coming
  years.  If you multiply
  this scenario by many images (each with hundreds of prints), you can
  see the kind of
  potential HotelArtGallery offers.

  Regards,
  Carl Schneider
  http://www.HotelArtGallery.com



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