Business

Contemporary Art

The Art Market – A Criminal’s Paradise

The Art Market – A Criminal’s Paradise

Posted November 18th, 2013

Art Market, Business, Contemporary Art

Michael Wolff writes at USA Today: “It is nearly commonplace among art professionals that art, perhaps second only to drug trafficking, is among the world’s most lucrative dubious business. It is hard to overlook the connections between these two cash-rich enterprises. Art is, too, a… Read More

USA

Pioneering Detroit Institute of Arts could be victim of city’s bankruptcy

Pioneering Detroit Institute of Arts could be victim of city’s bankruptcy

Posted October 23rd, 2013

Business, Collections, Contemporary Art, News, USA

(AFP) There are few places where the former majesty of the US auto industry is more keenly captured than among the Diego Rivera murals at the Detroit Institute of Arts. Those stunning, sun-drenched walls could be lost to public view if the museum’s collection is… Read More

Internet

Amazon Art – The New Marketplace for Art is open now

Amazon Art – The New Marketplace for Art is open now

Posted August 6th, 2013

Art Dealers, Art History, Art Market, Business, Internet

Amazon Art just launched. The rumours were true then and this new market place for art from some of the world’s finest galleries will sure shake up the art market in general. For the launch 40,000 works from more than 4,500 artists including Dali, Hirst… Read More

USA

Detroit’s Creditors Eye Its Art Collection

Detroit’s Creditors Eye Its Art Collection

Posted July 22nd, 2013

Business, Museums, News, USA

As Detroit files for bankruptcy — the largest American city ever to do so — the impressive collection of the Detroit Institute of Arts has become a political bargaining chip in a fight that could drag on for years between the city and its army… Read More

Videos

Museums and Austerity

Museums and Austerity

Posted June 14th, 2013

Business, Museums, Talks, Videos

What will happen to museums in the wake of the Great Recession? What adaptations will be required in the context of protracted austerity? What role can private philanthropy play in upporting museums going forward? How can the vital cultural legacy of European museums be made… Read More

News

Is Amazon about to start selling Art?

Is Amazon about to start selling Art?

Posted May 21st, 2013

Art Dealers, Art Market, Business, News

Will amazon start bulldozing all over the various online art dealers in the near future? Not too many details are known yet, but an email announcement for an informational amazon event was forwarded to Hyperallergic and it reads: “This summer Amazon is planning to launch… Read More

Business

Money Laundering Through Art – A Criminal Justice Perspective

Money Laundering Through Art – A Criminal Justice Perspective

Posted May 15th, 2013

Art Market, Auctions, Books, Business

​The art world has been discovered by criminals as an effective way for money laundering and other clandestine activities on an international level. Unfortunately, in most countries investigators, prosecutors, judges, and regulatory agencies are not equipped to accurately detect, investigate and prosecute this type of… Read More

News

German galleries block VAT increase

German galleries block VAT increase

Posted May 15th, 2013

Art Market, Business, Galleries, Germany, News

Art Dealers and even the country’s culture minister oppose a 12% tax rise on the purchase of original works of art from 7% to 19% as proposed by the European Commission. The German federal association of galleries and dealers (Bundesverband Deutscher Galerien und Kunsthändler—BDGV) has,… Read More

Internet

Germany’s Artspace Copycat – A Space for Art

Germany’s Artspace Copycat – A Space for Art

Posted April 18th, 2013

Art Dealers, Art Market, Business, Internet

A Space for Art is “a new start-up” based in London and Berlin trying to “build the world’s largest exhibition space.” Yeah, right! To achieve this ambitious goal the company wants “to grow the world’s largest community of exhibition spaces.” The official info on their… Read More