Art Business

The flamboyant youth of the photography market

Photography, particularly in the digital age, lends itself to reproduction and publishing more easily than any other medium, rendering it the most accessible art form. And so, the notion of rarity, which contributes greatly to the value of such works of art, (in so far as they are works of …

READ MORE →
Art BusinessNews

Skate’s reveal top 10 works sold at auction

Skate’s art market research have released their top 10,000 a new product which identifies the most expensive works to sell at public auction since 1985. The listings include auctions results for over 1,000 artists, with a total value of over $53.8 billion art sold over the last thirty years. The …

READ MORE →
Gutenberg Museum
Art BusinessArt FinanceArt Funds

Sheik of Sharjah signs financial contract with Gutenberg Museum

Dr. Sultan bin Mohammed al-Qasimi, the Sheik of Sharjah of the United Arab Emirates has signed a financial support package with the Gutenberg Museum in Mainz Germany. The contract ensures the financial support of the Sheikh for at least the next three years, which, it has been reported will amount …

READ MORE →
Yves HAYAT - Amy Winehouse - les Icones sont Fatiguées - For Sale on ArtPrice
Art Business

Artprice 2015 Report: Contemporary Art still on the rise

Artprice has published its annual contemporary art report for the year July 2014 to June 2015, highlighting the unstoppable rise of contemporary art, the “driving force” of the art market, having now definitely toppled modern art from its throne. The trend has not wavered, contemporary art remains the leader in …

READ MORE →
Art BusinessNews

Free-ports or the elusive treasure chests of art

Discretion, confidentiality, security, financial franchise and customs, the free port has everything it needs to attract collectors, as well as international art dealers and museums. Historically created to store raw materials and later to hold manufactured goods for a short period of time before their transportation, transit and reshipment, some …

READ MORE →
Art BusinessNews

Skate’s Art Loans Database debut

On 12th October, Art business intelligence firm Skate debuted its Art Loans Database. The service provides analytics to help measure and track the use of leverage in the art trade. Skate recently shared intel that from the database, revealing the most active borrowers within the gallery industry. The data revealed …

READ MORE →
Art BusinessNews

Skate publishes Top 10 Art Lenders

After yesterday’s debut of Skate’s Art Loans Database, the intel company have now released an initial database of the world’s top ten art lenders. The lenders are ranked by the number of UCC filings in the United States. Source: Skate’s Art Loans Database Skate said: “Sotheby’s is the clear market leader, though …

READ MORE →
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 …

READ MORE →
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, …

READ MORE →
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 …

READ MORE →