Why Art Doesn’t Pay

Over Facebook, I asked an informal question about who pays artists. I wasn’t surprised by the results. Many artists, including those still in school, tend to pay other artists, actors, and writers who’ve assisted with the production of a work. Even those with limited means tend to exchange work, materials, or other barterable goods. Contrast […]

Women of the Art World Unite! Finding Inspiring Heroines From Paris to Art Dubai

March 8 was International Women’s Day, and though few people remember this occasion in America, in Russia we celebrate it as a major national holiday. Every March since my Soviet childhood I was reminded to appreciate all the intelligent and hard-working women who have played a pivotal role in my life and generally made our world […]

Cultural Entrepreneur Stefan Simchowitz on the Merits of Flipping, and Being a “Great Collector”

If you bring up the name Stefan Simchowitz in the company of art dealers, collectors, advisors, or other professionals, you are bound to get a vigorous reaction. A producer of Hollywood movies like “Requiem for a Dream” and a co-founder of MediaVast, the photo-licensing site that was sold to Getty Images in 2007 for $200 million, Simchowitz is one of […]

Is Jordan Wolfson’s Art Meaningless?

“Do you think I’m rich?” asks a male voice. “Yes,” says a female voice. “Do you think I’m a homosexual?” “No.” That exchange is the sole dialogue in Jordan Wolfson’s 14-minute video “Raspberry Poser”, currently projected on massive wall at David Zwirner, and the only clue Wolfson offers to his intentions. That is, if it’s […]

The Generalist: An Afternoon with Roberta Smith

According to the New York Times’ chief art critic Roberta Smith, she only gives one talk and she’s been giving it for the last 30 years. “I give it a new title every so often,” she quipped last week . Smith’s glibness may appear off-putting, but in person it was anything but. I interviewed her […]

On Art and Investment, Ben’s view

Money continues to pour into art, and with it, stories multiply about art’s manipulation by callow titans of finance. Speaking of the recent decade, one pundit said not so long ago: “The conversation has turned from ‘Is art an asset class?’ to ‘Art is an asset class,’ and then to ‘How do we take advantage […]

Why Gagosian is the Starbucks of the art world – and the saviour

Art dealer Larry Gagosian pushes the best work – Richard Serra, Cy Twombly, Richard Wright, Urs Fischer – and fills the gap in our public galleries with real taste and belief.Is the Gagosian empire like the Starbucks of contemporary art? A megalomaniac attempt to corner the art market? It may seem so, but this chain store of […]

Speculating on Trophy Art

LONDON — Works by contemporary artists born after 1945 generated $17.2 billion in worldwide auction sales last year, a 39 percent increase from 2012, according to figures just released by the French database Artprice. Last November, a triptych by Francis Bacon sold for $142.4 million, a record for any work of art at a public […]

Five Theories on Why Art Basel in Hong Kong Is Moving to March Next Year

In the weeks since Art Basel in Hong Kong announced that its 2015 edition would take place nearly two months earlier than in the past, various lines of speculation about the rationale behind the move have been buzzing. With the vast amount of advanced planning that goes into pulling off a major art fair, the packed schedules […]

What Is Post-Internet Art? Understanding the Revolutionary New Art Movement

Could it be? Are we already post-Internet? It’s a bemusing term you may have heard floating around the art world recently, and now a new exhibition called “Art Post-Internet” at Beijing’s Ullens Center for Contemporary Art—organized by critic/curator Karen Archey with writer/gallerist Robin Peckham—has set out to encapsulate the budding movement, which may be the most significant of its kind […]

The Dangers of Data Mining in the Art Market, etc.

The season of art market performance reports is upon us, and keeping up with them all can be an all-consuming—and sometimes baffling—affair. In the last month various entities have declared 2013 to have been both the best year ever and the second best year ever for art sales, while also (erroneously) declaring art to be […]

Art World Places Its Bet

LONDON — Before a standing-room crowd at Christie’s here last month, the bidding opened on an abstract painting filled with black scratching, “Burrito” scrawled across the top in bright yellow. The auctioneer announced that there were already 17 telephone and absentee buyers vying for the canvas, made three years ago by Oscar Murillo, who just […]

VIDEO: Judd Tully Tours TEFAF Maastricht 2014

MAASTRICHT, the Netherlands — TEFAF Maastricht (The European Fine Art Fair) is in full swing, and during its 12-day run the fair will show off works from 275 of the world’s premier art and antiques dealers. Art+Auction Magazine editor-at-large and ARTINFO market reporter Judd Tully traveled to Maastricht to find out how much you can expect to pay for […]

VIDEO: 60 Works in 60 Seconds from TEFAF Maastricht 2014

MAASTRICHT — Vincent van Gogh’s “Moulin de la Galette” from 1887 is one of four of the Dutch painter’s works — and one of many stunning discoveries — on view at TEFAF, The European Fine Art Fair, which opened Thursday in Maastricht, The Netherlands. “Moulin de la Galette,” which was last exhibited in public in 1965, is […]

Burritos in the Gallery? How Post-Everything Sculpture Works Today

2017 will mark the 100th anniversary of the day Marcel Duchamp walked into the Society of Independent Artists lugging a porcelain urinal he had purchased at 5th Avenue’s J. L. Mott Iron Works and submitted it as a “readymade” sculpture. Duchamp’s radical and audacious gesture was met, at the time, with shock and indignation—it was literally hidden away behind a screen during the […]

TEFAF Art Market Report Says 2013 Best Year on Record Since 2007, With Market Outlook Bullish

The global art market outlook for 2014 is extremely bullish, according to the latest TEFAF Art Market Report published today by the European Fine Art Foundation. Prepared by Dr. Clare McAndrew, the much anticipated annual report tracking global art market movements says 2013 was the best year on record, other than 2007, and only just shy of […]

Why has looking at art in Britain become a snob’s rite of passage?

To have “taste” in art and know a bit about it is part of the battery of glib accomplishments that mark out the elite from ordinary folk. This hateful art snobbery has nothing to do with a true love of art – it is just about being able to talk the talk. The French sociologist Pierre […]

On the Money at the London Auctions

The truth of the art market is that art sells better at auction than it does in the galleries. This is primarily due to the “new buyer” phenomenon, which for the time being is what rules the day. All hail the rule of the auction season! Here’s my take on the recent sales in London. […]

Adapting The Armory Show: Noah Horowitz on Mixing Art and Business

The first week of March has become, thanks to The Armory Show and Armory Arts Week, the true kick off of the spring art season. Art fairs have increasingly become the key meeting place for galleries and collectors, a trend that benefits The Armory Show. Under the leadership of Executive Director, Noah Horowitz, the fair has worked to […]