The rise and fall of Damien Hirst is an oft-told tale of hubris and nemesis. An art-world superstar in the nineteen-nineties and early two-thousands, Hirst made white-hot works—the most infamous of which involved animals immersed in formaldehyde—whose prices only ever went up. He got rich, his galleries got rich, his collectors got rich, everybody was happy. But, then, […]
Every age gets the kind of gallery it deserves. In August of 2015, ex-gallerist, private dealer, art fair director, and author Ed Winkleman published his second book on contemporary art galleries in six years. Titled Selling Contemporary Art: How to Navigate the Evolving Market(Allworth Press), the book provides what an Amazon online review calls an […]
Back in 2012, I wrote a post with the headline “How Larry Gagosian is like Goldman Sachs”. The general idea was that both of them use their relationships and their balance sheet to make money off and/or with their clients. Since then, as Christian Viveros-Fauné says, the art world has become even more coterminous with the art market: “Business […]