When the Pandemic Forced the Art World Online, Some People Began Collecting—Or Returned to It

When the Pandemic Forced the Art World Online, Some People Began Collecting—Or Returned to It

Source: ARTnews.

Mark Oldman, a wine expert based in New York, didn’t have as much time or headspace as he wanted to devote to his collecting—until this past spring, when the coronavirus lockdown put everything on pause and he, like much of the world, was stuck at home. “In a way, you can say that during the pandemic I became a collector,” he told ARTnews.

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Theophilus Tetteh voted the Artist of the Month

Theophilus Tetteh voted the Artist of the Month

BE OPEN Art is happy to announce that Theophilus Tetteh (NiiOdai), experimental and expressionist artist from Ghana, has been voted the Artist of the Month by the visitors of art.beopenfuture.com

Aiming to showcase emerging talents, every month we invite people passionate with art to choose the best artist among those exhibited in our online gallery. Congratulations to Nii Odai, whose bespoke paintings have gained him a majority of votes in December!

We also take the opportunity to applaud all the featured artists and thank everyone who voted.

Mustafa Sönmez voted the Artist of the Month

Mustafa Sönmez voted the Artist of the Month

BE OPEN Art is happy to announce that Mustafa Sönmez, artist based in Turkey, has been voted the Artist of the Month by the visitors of art.beopenfuture.com

Aiming to showcase emerging talents, every month we invite people passionate with art to choose the best artist among those exhibited in our online gallery. Congratulations to Mustafa Sönmez whose enigmatic paintings have gained him a majority of votes in October!

We also take the opportunity to applaud all the featured artists and thank everyone who voted.

How Will Advanced Technologies Impact the Art World? 3 Takeaways From the Serpentine’s Future Art Ecosystems Report

How Will Advanced Technologies Impact the Art World? 3 Takeaways From the Serpentine’s Future Art Ecosystems Report

Source: Artnet.

Given the contemporary art field’s heavy reliance on physical spaces, in-person networking, and crossing of borders, lockdown presents a devastating disruption. But while COVID-19 may be unprecedented, it has brought to the surface underlying issues and forced us to face a series of big questions concerning the future of the sector. This July, the Serpentine Galleries launched the “Future Art Ecosystems: Art x Advanced Technologies” report focused on technologies’ impact on the arts. It offers alternative propositions for rebuilding the sector in the near future.

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Biennials in Crisis: What Major Art Festivals Are Delayed by the Pandemic?

Biennials in Crisis: What Major Art Festivals Are Delayed by the Pandemic?

Source: ARTnews.

Many of the world’s most eagerly awaited exhibitions planned for 2020 and 2021 have been pushed to later dates as schedules are scrambled and travel restrictions remain due to the coronavirus outbreak. The article features a list of the biennials that have been delayed by the pandemic, including some that have already opened after being pushed back. This list will be updated as further announcements are made.

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A.I. Has the Potential to Change the Art Business—Forever. Here’s How It Could Revolutionize the Way We Buy, Sell, and See Art

A.I. Has the Potential to Change the Art Business—Forever. Here’s How It Could Revolutionize the Way We Buy, Sell, and See Art

Source: Artnet.

Artificial intelligence and machine learning have already become invisibly braided into our daily lives. Although the art business has often lagged behind the cutting edge of technology, a. software-savvy vanguard is working to integrate machine learning and A.I. into the trade. In this article, Tim Schneider lays out seven practical ways A.I. could transform the market.

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Mary Rozell on How the Art Market Has Changed

Mary Rozell on How the Art Market Has Changed

Source: Artsy.

The New York based art historian and global head of the UBS Art Collection, explores the diverse and impactful shifts in the art world that have taken place in less than a decade. These include the normalization of art as a financial investment, the global proliferation of private museums, and the blurring of traditional roles for auction houses and art galleries, to name just a few.

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Three Things To Do For Art Collectors To Simplify Their Estates

Three Things To Do For Art Collectors To Simplify Their Estates

Source: Forbes.

Despite the economic chaos the world is going through right now, the art market continues to prove that it can exceed expectations. Despite this, art and collectible is often ignored when estate plans are drafted, which may lead to extra costs and possible “fire sales” of artwork in an estate. To avoid this, there are three basic steps every collector should consider as part of the estate plan.

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Galleries and Fairs Are Turning to Virtual Reality to Connect with Collectors

Galleries and Fairs Are Turning to Virtual Reality to Connect with Collectors

Source: Artsy.

In the months since COVID-19 shut down most traditional in-person avenues for viewing and purchasing art, virtual reality (VR) has become increasingly prevalent as a tool for conducting business. The transition to virtual space has required art-world players to adapt to the challenges—and possibilities—that come with operating in a medium that is in many ways still largely unexplored. Read more

The Art World Remains Overwhelmingly White — Here’s How That Can Change

The Art World Remains Overwhelmingly White — Here’s How That Can Change

Source: Observer.

The omission of people of color from the arts has resulted in devastating sociological implications, not only for the African continent and Diaspora, but for our entire modern world. This comprehensive lack of understanding of the substantial expertise that has facilitated modern and ancient culture has led to enormous discrimination, fanned by hundreds of years of oppression and cultural appropriation. It is obvious that the art world needs a major shakeup.

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Art Market Trends in Response to COVID-19

Art Market Trends in Response to COVID-19

Source: Art Business News.

There is no industry that has gone untouched by the widespread disruption of the coronavirus. The art world, like all other sectors, is quickly grappling with rapidly evolving challenges. Although there is no clear roadmap on how to move forward, the team at Huntington T. Block has seen a few trends among galleries, art dealers, collectors, artists, art fairs, and more that are smart to have on your radar.

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How to Do a Virtual Studio Visit with an Artist

How to Do a Virtual Studio Visit with an Artist

Source: Artsy.

Remember the good old days? Back then, a studio visit involved visiting an actual studio—likely a slightly cramped, charming space, with the tang of turpentine hanging in the air. That sort of face-to-face meetup with an artist had its own particular rituals, routines, and expectations. Now, the rules of the studio visit have been swiftly and completely rewritten by the COVID-19 pandemic.

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Bye bye, blockbusters: can the art world adapt to Covid-19?

Bye bye, blockbusters: can the art world adapt to Covid-19?

Source: The Guardian.

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

How to Experience Art & Culture During Coronavirus

How to Experience Art & Culture During Coronavirus

Source: Artwork Archive.

Normally in March, we enjoy a bloom of arts activity across all media—performances, visual art, movies, you name it. This year is different. While the world grapples with containing COVID-19, the way we typically participate in the arts is changing. In-person gatherings are no longer possible. Here are just a few different ways you can be a cultural and artistic participant from your couch while you are sheltering-in-place.

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A Desperate Time: How the UK Art World is Responding to the Coronavirus Lockdown

A Desperate Time: How the UK Art World is Responding to the Coronavirus Lockdown

Source: Frieze.

Covid-19 may have forced galleries to close their doors but there is no shortage of frenetic, urgent action in the UK art world as it deals with the impact of social distancing. Things are moving fast, and they need to: this is a crisis that is threatening everyone – from the individual, self-employed artist trying to work out where the next paid work is coming from, to the arts organization CEO whose income streams have shrunk to zero overnight. Read more

The Often-Ignored Problem with Buying Art as an Investment

The Often-Ignored Problem with Buying Art as an Investment

Source: Artsy.

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

Build an Art Collection that Supports Emerging Artists

Build an Art Collection that Supports Emerging Artists

Source: Art Business Journal.

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

How Tech has Transformed the World of Art Collecting

How Tech has Transformed the World of Art Collecting

Source: Artwork Archive.

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? Technology is forcing the art world to grapple with questions like these, and young art collectors have the answers. We spoke with art world insiders to examine how emerging trends in the art world are shaped by technology. Here’s what they had to say.

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Evan Beard: The Rapid Rise of Millennial Collectors Will Change How Art Is Bought and Sold

Evan Beard: The Rapid Rise of Millennial Collectors Will Change How Art Is Bought and Sold

Source: Artsy.

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