Galleries hit by cyber crime wave

Hackers are stealing large sums of money from art galleries and their clients using a straightforward email deception. The Art Newspaper has so far identified nine galleries or individuals targeted by this scam. They include Hauser & Wirth, the London-based dealers Simon Lee, Thomas Dane, Rosenfeld Porcini and Laura Bartlett and, in the US, Tony […]

Art-Fair Economics: Why Small Galleries Do Art Fairs Even When They Don’t Make Money

As the middle market shrinks, many dealers are finding they can’t afford to do fairs—but they can’t afford not to, either. Think art fairs are all about sold-out booths, comfortable shoes, and exclusive dinner invitations? Think again. For many small to mid-size galleries, fairs—like Art Basel in Basel, which opens to VIPs today—are an increasingly […]

Passion, Not Profit, Is the Biggest Motivator for Collectors, a New Study Says

The surprising results from a new study by Swiss bank UBS suggest that profit is rarely a driving factor. With the 2017 edition of Art Basel in Miami Beach—also known as the art world’s Black Friday—in full swing, Swiss bank UBS has released an extensive survey of art collectors that explores what motivates them, how […]

The Art Market Moves East: How Gagosian, David Zwirner, and 14 Other Western Art Businesses Are Trying to Expand to Asia

China has been described as “the largest growth market for the art business, anywhere.” See how auctioneers and dealers are tapping into it. In the past year alone, no fewer than six galleries have opened or announced plans to open an outpost or office somewhere in Asia. Amid announcement after announcement, it may feel like […]

How Artsy finally convinced galleries to sell fine art online

The move online has been one of the critical forces shaping the industry over the last decade, a disruption that happened slowly, and then suddenly. “It’s a huge change in what galleries have done. It’s been the biggest trend in the art market, next to art fairs, over the last ten years,” says Clare McAndrew, […]

Geoffrey Farmer @ the Venice Biennale 2017

How a violent collision forged Geoffrey Farmer’s fountain for the Canadian Pavilion at the Venice Biennale In 1990 Geoffrey Farmer started writing notes to strangers on public buses. In those days, in Vancouver, buses issued paper ‘transfers’, a time-limit punched into its thin newsprint, which enabled passengers to change buses and continue their journey. Farmer […]

‘What Next?’ an Uncertain Art World Asks, Sticking to Proven Brands

LONDON — The art market is almost as old as art itself. But it’s only in the last decade or so, with increased globalization, digitization and the rise of art as a multibillion-dollar investment vehicle, that the market has been viewed as an industry. And where there is industry, conferences are sure to follow. On […]

Recent London Gallery Closures Show Struggle at Art Market’s Middle

Ever since the global financial crisis of 2008 and the art market’s subsequent decline a year later, the middle market has come under increasing pressure. According to economist Clare McAndrew’s Art Market | 2017 report, the middle market—defined for dealers as works priced between $5,000 and $50,000—is the “most difficult segment” in which to operate. […]

All the Artists and National Pavilions in the 2017 Venice Biennale

The 57th edition of the Venice Biennale, titled “Viva Arte Viva” by curator Christine Macel, has released the list of 120 participating artists and its national pavilions. “In a world full of conflicts and jolts, in which humanism is being seriously jeopardized, art is the most precious part of the human being,” Macel has said […]

Welcome to the Garden of Forking Paths: Ed Winkleman on How to Navigate the Art Industry’s Strange New Landscape

There’s no question that contemporary art galleries are struggling these days. The market is sluggish, the essential handshake-based rules of the art trade are being confused by the proliferation of artworks on the internet, and, at the same time, competition for artists and a globalizing terrain are forcing dealers to take on more costs by […]

Why the ‘Uber effect’ is proving elusive for online platforms

Barely a month goes by without the launch of an online initiative that aims to disrupt the art market and bring the “Uber and Airbnb effect” to art transactions. But witness the crowds pacing the aisles at a big-league art fair, or spilling out of the salesrooms during the evening auctions, and the impact of […]

Talk – Collecting Contemporary Art, Audain Art Museum, Whistler, Canada

Laing Brown is an art collector who is interested in ideas. Brown, chair of the Audain Art Museum acquisitions committee and an external advisor to the acquisitions committee of the National Gallery of Canada, has just returned from Britain, where he went to check out Frieze London, where 160 of the world’s top commercial galleries […]

Public Talk: Collecting Contemporary Art

“Without tradition, art is a flock of sheep without a shepherd. Without innovation, it is a corpse.” – Sir Winston Churchill Join Laing Brown, a noted art collector, Board Member and Chair of the Audain Art Museum Acquisitions Committee, for a public multi-media presentation where he will discuss his Top 10 Collecting Rules for contemporary […]

Dear Seattle Art Fair, I Love You and I Want You to Live

Just like last year, when the announcement came over the loudspeaker at 6 p.m. on Sunday that the Seattle Art Fair was closed, people applauded. But this time, the applause was a little more sparse, a little more nervous. Fair organizer Max Fishko said people clap only in Seattle. The desire for success is so […]

At Seattle Art Fair, the Interaction Between Technology and Modern Life

The Seattle Art Fair, started last year by Paul G. Allen, the co-founder of Microsoft, has a proud inner geek.  But like Mr. Allen himself, who has fingerprints on much of the city’s explosion of growth, geekiness only touches the surface. Through a real estate development arm of his company, Vulcan Inc., he is building […]

The fascinating tale of Marcel Duchamp’s Fountain

Photographed, then subsequently thrown away, by Alfred Stieglitz, urinated on by Brian Eno and sometimes cited as the work of a Bauhaus baroness rather than the man it is most commonly associated with, Marcel Duchamp’s Fountain is arguably the first piece of conceptual art ever, certainly the most famous ready made in art history, and has inspired […]

Can an Art Fair Be a Political Act? Roman Dealer Paola Capata on Making Granpalazzo the World’s Most “Italian” Fair

Located in the 16th-century Palazzo Rospigliosi in the rustic country village of Zagarolo, a short drive outside of Rome,  Granpalazzo is unlike any art fair you’ve seen before. Instead of traditional booths, there are curated presentations of individual artists, elegantly spaced throughout the historic building. The walls are covered with historic frescos, the conversation is […]

Collecting Contemporary Art

A man paints with his brains and not with his hands – Michelangelo An artist is somebody who produces things that people don’t need to have – Andy Warhol Art is anything you can get away with – Marshall McLuhan A collector has one of three motives for collecting: a genuine love of art, the investment possibilities, or its […]

The Art of Larry Gagosian’s Empire

“CAN WE QUICKEN this up?” It’s lunchtime in New York and Larry Gagosian is hungry. It’s time for supper—or at least aperitifs—in Europe, where he recently did a three-week working tour of France, England, Germany and Switzerland, and it’s breakfast in Los Angeles, where last week he hosted his annual pre-Oscars opening at his Beverly […]