Visions Art

A tent, a rollercoaster and a merry-go-round

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Share:By Georgina Adam The fashion-art overlap that was such a feature of the contemporary art boom has come to a screeching halt, at least chez Chanel, the French fashion house. The firm sunk a vast sum (millions of euros, said the French press; “no comment” said Chanel) into Mobile Art, a huge Zaha Hadid-designed futuristic […]

‘More movies on forgotten heroes’

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Share:URVASHI ASHAR Art historian Rahul Bhattacharya of Infinity Art Corporation, that has initiated the Rang Rasiya: Rahul Bhattacharya (TOI Photo) Freedom of Expression Movement speaks about the thought behind the project. A national art competition is an innovative way of promoting Rang Rasiya… It is the initiative of Infinity Art Corporation headed by Aanand Mahendroo […]

Connoisseurs take back control of art market

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Share:By Souren Melikian Published: January 9, 2009 LONDON: A new order is emerging in the art market and, in startling contrast to the broader economy, this calls for a celebration. That art would follow a separate course in the current global crisis was bound to happen because a fundamental characteristic singles it out among all […]

No market is immune: China

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Share:Chris Gill 7.1.09 Issue 198 – The Art Newspaper Artists in China are packing up their studios in overpriced venues such as Beijing’s 798 art district and Shanghai’s M50. For the Chinese art world 2008 has been a mixed bag. Foreign buyers are still the mainstay, and although the Beijing Olympics did bring an influx […]

Museums make deep cuts in face of global financial crisis

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Share:US budgets slashed, programming reduced and expansions haltedJason Edward Kaufman 8.1.09 Issue 198 – The Art Newspaper NEW YORK. A survey of art museums across the US has found that most institutions have lost at least 20% of the value of their endowments and directors are retrenching amid the worsening economic crisis. The survey of […]

How the richest US museums are weathering the storm

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Share:Jason Edward Kaufman 8.1.09 Issue 198 – The Art Newspaper Museums make deep cuts in face of global financial crisis The Getty Trust president James Wood says its endowment has fallen by 25% from the $5.98bn reported on 30 June 2008—a $1.5bn loss—and that despite having made budget reductions and lay-offs last May before the […]

2008 in Review: Five Memorable Auction Lots

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Share:By Judd Tully NEW YORK—In a year of staggering changes and banner headline news, from the election of a new American president to the unraveling of a multibillion-dollar Ponzi scheme, the art market had its own rollercoaster ride of record-shattering marks and stomach-churning declines.Thanks to the seismic upheavals in the world equity markets, some newbie […]

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