There isn’t a business worldwide that hasn’t felt the virus’s impact, and the art world has been far from immune. The art industry that has become synonymous with hyper-connectedness and global mobility is now at a standstill. The glitzy fairs and crowded shows are history, replaced with Zoom studio tours and virtual exhibitions. Andrew Dickson reflects if this might actually mark an improvement. Read more →
Normally in March, we enjoy a bloom of arts activity across all media—performances, visual art, movies, you name it. As the arts ramp up in springtime, busy cultural summers begin to unfold. The cultural season kicks off with the start of summer art fairs, graduation exhibits for MFA and BFA students, an influx of new theater on Broadway, film festivals and concert venue programming for summer events.
BE OPEN Art is happy to announce that Marcel Lisboa, graphic designer based in São Paulo, Brazil has been voted the Artist of the Month by the visitors of art.beopenfuture.com
Aiming to showcase emerging talents, every month we invite everyone passionate with art to choose the best artist among those exhibited in our online gallery. Congratulations to Marcel Lisboa whose impressive and arresting work has gained him a majority of votes in March!
We also take the opportunity to applause to all the featured artists and thank everyone who voted.
Is art a good investment? According to experts, art often outperforms other asset classes like real estate, while the Wall Street Journal declared that art achieved a 10.6 percent return in 2018 based on Art Market Research’s Art 100 Index, outpacing all other categories. Martin Gammon looks into the question whether art is an attractive asset class for a middle market investor with a typical 5–10 year horizon analogous to other alternative investments. Read more →
For collectors at any level, there exists a set of criteria to consider before collecting an artist’s work. Every art collector has their own aesthetic and set of values. With this in mind, Audra Lambert takes a look at the different aspects of art collecting that should be first in the minds of collectors as they begin venturing into collecting emerging artists’ work. Read more →
Every art collector has to start somewhere. From taking a peek at artworks that artists donate to a good cause, to finding ways to collect editions and more commercial artwork, there are many ways to develop a solid, impressive art collection on a reasonable budget. Read more →
In 2019, we’re well beyond the question of whether collectors are willing to purchase works they’ve only seen online. (Spoiler alert: They are!) The most exciting developments in the online viewing room space will doubtlessly come from galleries with the energy and resources to experiment with the form of what a virtual exhibition can be. Scott Indrisek explores how online viewing rooms function (via artsy.net) Read more →
The first one, authored by renowned cultural economist Dr Clare McAndrew, is the annual analysis that provides fresh insight into a complex market, identifying key trends and assessing the impact of wider economic shifts. Insights from the report by the Art Basel and UBS include the decade’s second-highest level of global art market sales in 2018, active buying by millennials, and growing engagement with online sales. Read at Coinsweekly
“Emerging artists” is a term pertinent to the art market, implying a group of artistic creators who have gained some recognition, but not yet reached a high point in their careers. While they show significant potential, not many of them will reach the highest top of success. Ana Bambić Kostov examines if it is possible to discover the next star of the art world. Read more →
You don’t need to be an art historian to build the collection of your dreams. Whether you have questions about who to connect with or how to prepare for your first big purchase, just follow these nine top tips from Artwork Archive, one of the most respectable resources that provides emerging collectors with tools they need to set out on your journey into the art world. Read more →
Abstract paintings can sometimes be confusing to understand at first glance, but they also have a deep appeal to them if done right. When it comes to actually making a purchase in today’s art markets, determining which pieces are of quality can be hard to do. This article offers most important points to focus on when buying abstract paintings. Read more →
Starting out as a new collector, it can feel like miles and miles of unknown terrain stretched out ahead of you. One of the most important first steps to building an art collection of your dreams is figuring out what kind of art you even want to collect—which involves lasering in on your own tastes. Read more →
When KAWS’s painting of characters from The Simpsonssold for $14.8 million at Sotheby’s Hong Kong in March, the news seemed to herald the buying power of a new generation of art collectors. Nearly half of the attendees at the sale, which was dedicated to the private collection of 48-year-old Japanese DJ and fashion designer NIGO, were under 40 years old. “The auction room suddenly got a lot hipper, with all these cool millennial buyers in hoodies,” Edie Hu, art advisory specialist at Citi Private Bank in Hong Kong, told Bloomberg after the auction. Read more →
The future may be uncertain, but some things are undeniable: climate change, shifting demographics, geopolitics. Devon Van Houten Maldonado of BBC asks artists and curators to imagine the changes and trends that will influence the art world in the next two decades, as well as what purpose art serves, now and in the future. Read more →
Private collections are often the backbone of major institutions
It’s no mystery that many of our museum experiences are led by visionary collectors who have either made significant donations or opened new museums to exhibit their extensive art collections. Read more →
How Tech has Transformed the World of Art Collecting
What does it mean to be introduced to the art world through Instagram? How will you display an artist’s 50-year retrospective when their 2016 exhibition is a series of GIFs, contained on a thumb drive? Read more →
Groucho Marx once said that he never wanted to belong to any club that would accept him as a member. I feel a similar skepticism about being part of a club I never asked to join. But my 1983 birth grants me membership in what demographers and marketers now call “millennials.” Like every generation, our predecessors say we’re spoiled and self-absorbed—Timemagazine dubbed us the “Me Me Me Generation.” A generous history may one day overlook our need for constant validation and safe spaces, but for now, the cliché of being over-parented, over-schooled, and over-protected isn’t completely off base. Read more →
The scale and contours of today’s art world would have been largely inconceivable to dealers, auction-house professionals, and collectors 30 years ago. The business of the past has been replaced by a multibillion-dollar international industry. Tastes have changed; non-Western economies have emerged as essential forces; and what was once a quaint cottage industry has become surprisingly corporate. Tim Schneider explores how this transformation has become possible (via artnet.com). Read more →
Collecting fine art is as much about beauty and desirability as it about the investment value. Given how strong the art market has been over the past few years, many collectors may not be prepared if the economy slows and the appetite for art cools. Paul Sullivan of The New York Times examines art as a valuable but illiquid asset. Read more →
Faced with economic uncertainty, turmoil in Hong Kong, Brexit and a shrinking auction market, the art trade has some justifiable anxiety about the coming year. Georgina Adam of The Art Newspaper asked five leading figures for their predictions, and despite the concerns they expressed, they found reasons to be cheerful too. Read more →