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Artprice hones its use of Facebook and social media.

Art market information specialist Artprice has signed a publishing agreement with the Museum of Contemporary Art, Musée l’Organe, which manages La Demeure du Chaos, otherwise known as the Abode of Chaos and also the headquarters of Artprice for the past 16 years. The agreement covers an editorial amalgamation of the …

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Art BusinessNews

Artnet CEO: why the online art market is at a tipping point

Although the number of lots offered decreased in the global art market, Artnet Auctions saw an increase of over 7% in the first half of the year, as compared to the second half of 2014. The number of lots sold also increased 20% in the same time period, bolstered by …

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Art BusinessNews

ARTNEWS S.A. and Brant Publications merge art media properties

ARTNEWS S.A., a Warsaw Stock Exchange-listed art media company with its primary operations in New York, and Brant Publications are to combine the two publishing companies’ art media assets, creating the world’s largest print and digital publisher of art-related news, information and art business intelligence. Under terms of the deal, …

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Art FairsNews

Skate’s Art Fairs Report, Summer 2015

Q2 art fair attendance jumped by 8.8% and gallery participation increased by 1.4% according to Skate’s Art Fairs Report, Summer 2015. The report includes data on 15 events conducted in nine countries over the calendar Q2 2015. The report found that during that period about 0.5 million art lovers visited 15 …

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Art BusinessNews

Is art market growth slowing?

While auction records have continued to be broken in the first half of 2015, Christie’s half year results, released last week, may suggest that the growth rate of the art market is slowing. Christie’s reported record half year sales of £2.9 billion, up 8% ($4.5 billion, up 0%) on the …

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Art BusinessNews

Artnet six month report shows global market contraction; growth in US

  The six-month auction results report from online auctioneer and art market resource artnet, reveals that the global fine art auction market was down 6% in the first six months of 2015. The Chinese fine art market witnessed the greatest contraction at over 30%. However, United States sales value increased …

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Art FairsNews

Art Basel appoints Noah Horowitz as director, Americas

Art Basel has appointed Noah Horowitz to the new position of Director Americas, starting in August 2015. Based in the United States, Horowitz will direct Art Basel’s Miami Beach show moving forward, further strengthen Art Basel’s relationships with galleries, collectors, artists, museums and institutions from the Americas, and promote them …

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Art BusinessNews

Disrupting the global auction market: Auctionata achieves online world record

  Berlin-based online auction house Auctionata has completed the first half of the 2015 with a GMV of €35.7 million (US $39.7 million), which constitutes a 195 percent increase compared to the same period in the year before. Two years after launching weekly livestream auctions, Auctionata is now Germany’s biggest auction house both in terms …

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Art Business

Art insurers and brokers

If you are serious about art collecting, you need to be serious about insurance too, because events such as theft, weather damage and accidental damage are a perennial problem. Underinsurance is also an issue, especially as may collectors do not have a clear idea of what their collections are worth. …

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Art Restitution

US provision on Holocaust restitution clears senate hurdle

US Senator Tammy Baldwin, a member of the Senate Appropriations Committee, has successfully included an amendment in the FY16 State, Foreign Operations and Related Programs Appropriations bill that would boost US efforts to assist Holocaust victims, their families, and heirs in achieving property restitution, particularly in Central and Eastern Europe. …

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