February 18th, 2009 – by IANS Madrid (Spain), Feb 18 (IANS) Special invitee India’s show at global art fair ARCO-Madrid 2009 was robbed of some of its lustre due to a wary market and a panorama section that had a narrow focuss on post-contemporary movements.The highlight of the five-day ARCO-Madrid this year was the India […]
By John Varoli Feb. 13 (Bloomberg) — A statue of Damien Hirst holding a gun is the artwork attracting most attention at the 28th Madrid International Contemporary Art Fair, ARCO, opening today.Sculptor Eugenio Merino’s parody installation shows the U.K. artist in suicidal pose with blood pouring from his head. Barcelona’s ADN gallery last night said […]
Source – Artdaily HELVOIRT.- The art market has become a global marketplace with new collectors in emerging economies who may contribute towards protecting it from the current international economic situation. This fundamental shift in the geography of art buying is revealed in a new report commissioned by The European Fine Art Foundation which organises The […]
Mohamed Bourouissa, Born 1978 in Bilda, Algeria, La fenêtre, 2005, Lamda print mounted on aluminum, 35 1/2 x 47 1/4 in (90 x 120 cm) framed. Courtesy Musée national de l’histoire et des cultures de l’immigration, CNHI. NEW YORK.- The New Museum today announced the names of fifty artists from twenty-five […]
Source – Artdaily.org LONDON.- The Impressionist and Modern Art Evening Sale took place at Christie’s this evening and realized $91,210,543. The top price of the evening was paid for Claude Monet’s Dans la Prairie, 1876, which was exhibited at the seminal third Impressionist Exhibition in 1877 and which sold at this evening sale for $16,164,918. […]
Source – Art Market Insight The most speculative and volatile markets over the last four years, emerging art markets have propelled a number of Chinese, Indian, Russian and Middle-Eastern contemporary artists into the global limelight with extraordinary speed. But with so many young artists fetching such big figures at auctions, some kind of meltdown was […]
TV Santhosh, Living with a Wound I Living With a Wound, paintings of November’s terrorist attacks in Mumbai by Indian artist TV Santhosh, may help the Indian art market avoid the chill of recession By Colin Gleadell Paintings by one of India’s most successful young artists that were made in response to last November’s terrorist […]
Edgar Degas, Petite danseuse de quatorze ans, circa 1879-81. Estimate: £9 – 12 million. Photo: Courtesy of Sotheby’s. LONDON.- Tonight’s sale of Impressionist & Modern Art at Sotheby’s in London saw 22 works realise a total of £32,564,300 ($46,238,050). The sale was 75.9% sold by lot and 67.7% sold by value and it saw two […]
by Eileen Kinsella The rapid development of a market for contemporary art in the Persian Gulf area is typical of other regional art booms of recent years. Collectors and expatriates focus on work by artists from their respective countries—Iranian buyers snapping up Iranian art, Lebanese patrons buying Lebanese—fueling higher prices and creating international buzz. “Dubai […]
A Digital Photograph from the series “Held Back”2006, By Dubai Artist Reem Al Ghaith Governments in the United Arab Emirates are spending billions of dollars in an ambitious, unprecedented effort to create cultural districts with world-class museums—along with a support system of creators, dealers, and collectors. But many Western art professionals wonder if this massive […]
