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. […]

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 […]

100 Years On, Why Dada Still Matters

“How does one achieve eternal bliss? By saying dada,” proclaimed the poet, musician, and theater producer Hugo Ball in the summer of 1916, as World War I raged on. “How does one become famous? By saying dada…How can one get rid of everything that smacks of journalism, worms, everything nice and right, blinkered, moralistic, Europeanized, enervated? By […]

7 Great Artist Duos That Shaped Art History

While the lone wolf artist has long been romanticized for its singular (if not god-given) genius, the creative duo has also, many times over, recast the shape of art. Below, we explore seven of art history’s game-changing partnerships during the 20th century. For these pioneering artists—from Christo and Jeanne-Claude to Marina Abramovic & Ulay—collaboration was […]

4 Shifts in the “Unpredictable Art Market” You Should Know About

A lawyer, a financier, an art advisor, and a journalist walk into a room… It sounds like the start to a bad gallery dinner joke. But at The Armory Show the topic of discussion was serious: “How to Optimize the Unpredictable Art Market.” In a testament to the topic’s immediacy, moderator and Financial Times columnist […]

How Galleries Can Get the Most From Art Fairs

With unstable markets and cautious collectors, art dealers everywhere are adopting leaner strategies that make the most of their gallery’s resources. Driving 40% of annual gallery revenue, according to TEFAF’s 2015 Art Market Report, art fairs remain a crucial part of the bottom line, providing global reach without the need for multiple locations. The opacity of […]

They Clicked With Investors—Now What? Who Will Win the Race to Sell Art Online?

For two years running, the website Artsy threw one of the glitziest parties at Art Basel Miami Beach, the 2012 edition a Chanel-sponsored blowout at Soho Beach House that went until 3 a.m. Just look at Patrick McMullan! Lenny Kravitz! The Brant Brothers! Dasha Zhukova! Wendi Murdoch! Demi Moore! Vito Schnabel! Pharrell Williams! In December, 2013, […]