Artist Corporations

Yancey Strickler has called for a new legal form of corporation, the artist corporation (A-Corp), which would combine elements of LLCs, corporations, and nonprofits. The newsletter author welcomes the idea and asks how such a structure would avoid misuse by larger corporate IP holders, such as Disney, to sidestep double taxation of a C-Corp. The author also notes that their former studio's smart contract splits sat in front of a C-Corp for Untitled Frontier, which avoided custody and double taxation but ruled out issuing equity.