Source: .ART.
Founder of .ART Ulvi Kasimov shares his thoughts on the effect of technological advancements, changing consumption patterns and the future of arts and culture in the pandemic aftermath.
Author: admin
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.
‘One of the most shocking, tumultuous years on record’: art market figures reflect on 2020—and guess at what 2021 might hold
Source: The Art Newspaper.
The pandemic has ripped apart the industry as we know it this year but it has sparked innovation and conversation like never before. Key art market figures comment on 2020 and 2021.
Art Predictions for 2021
Source: Financial Times.
If 2020 has taught us anything, it is that there is no such thing as a predictable year. But as we all try to make sense of a changed world here is a stab at how the art market’s slowdown in sales, drought of fairs and mass move online will play out over the next 12 months.
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.
The Turn of the Screw: Will Tighter Regulations Impact the Art Market?
Source: The Art Newspaper.
The art market is often described as a totally unregulated market, a statement that is certainly not true, compared with much larger markets such as financial services, which have stringent rules around. But things are changing fast.
A New Study Has Simple Advice for Collectors Looking for Big Returns on Art: Invest In Women
Contemporary Art From Africa Is Seizing Global Attention. Here’s Your Guide to Six Emergent Art Markets Making It Happen
Art market 2020: the year of cancel culture and bricks-and-clicks
Source: The Art Newspaper.
A year marked by wholesale event cancellations and job losses has also seen the art market innovate to keep businesses going.
Read more
Daniele Cenni voted the Artist of the Month
BE OPEN Art is happy to announce that Daniele Cenni, self-taught collage artist from Italy, has been voted the Artist of the Month by the visitors of art.beopenfuture.com.
Why the Art World Is Embracing Craft
Auctions, pledges and DMs: creative ways to buy and sell art on Instagram
Source: The Art Newspaper
Alternative sales models are springing up on the social media platform. Despite assumptions, people are actually buying art on Instagram—and in growing numbers. So, how are people buying?
By Aimee Dawson
What Drives Market Speculation After an Artist’s Untimely Death
Source: Artsy
The causal links between price points on the secondary auction market and supply, demand, critical reputation, celebrity, cultural tastes, and the wider economy are complex. However, death, both timely and untimely, has the potential to radically shift all these relationships and produce a change in price. Read more
How Insurance for Buying Art Online Works
Source: Artnet.
Unprecedented circumstances have engendered a new willingness to buy and sell art online, but collectors and dealers ought to be aware of the risks that come with online transactions. In order to protect from potential losses, collectors would do well to make sure their seller has a thorough cyber insurance policy.
Women Outnumber Men at Art School – Why Do More Men Make it Into Galleries?
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.
What’s Next? 18 Trends That Will Move the Art World Forward
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.
‘It’s great if you’re bored with Netflix’: video art flourishes in lockdown
Source: The Guardian.
As the art world adapts to the reality of the Covid-19 lockdown with virtual tours, live-streamed artist Q&As and Instagram Live videos occupying the space once filled by physical exhibitions, video art is flourishing.
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.
Julie Liger-Belair voted the Artist of the Month
BE OPEN Art is happy to announce that Julie Liger-Belair, mixed-media Artist based in Canada, has been voted the Artist of the Month by the visitors of art.beopenfuture.com.
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.
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.
Millennials Are More Interested in Buying Art Than Ever—and 5 Other Takeaways From a New Art Basel Report on the State of the Market
Source: Artnet.
We all know 2020 was a bad year for the art market, which saw the cancellation of virtually every live auction, fair, and exhibition. But just how bad was it? A new study from Art Basel and UBS titled “The Impact of COVID-19 on the Gallery Sector” aims to survey the extent of the damage. Read more
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.
Michael Vincent Manalo voted the Artist of the Month
BE OPEN Art is happy to announce that Michael Vincent Manalo, Philippines-born visual artist, who lives and works in Taiwan, has been voted the Artist of the Month by the visitors of art.beopenfuture.com.
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
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.
How Art Collectors Can Avoid Online Phishing Scams and Social Engineering
From Online Exhibitions to Ecommerce: Art Galleries Are Turning to the Digital World to Survive Covid-19
Source: Robb Report.
Unlike in past crises, the determining factor now is not so much the size of the gallery but its digital nimbleness. Those who were already starting to crack the e-commerce code before the pandemic are well ahead. Others are playing a stressful game of catch-up. Read more
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.
Raluca Băraru voted the Artist of the Month
BE OPEN Art is happy to announce that Raluca Bararu, illustrator based in Romania, has been voted the Artist of the Month by the visitors of art.beopenfuture.com.
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.
How the art industry is grappling with its systemic race inequality
Source: The Art Newspaper.
It is one of the art market’s most uncomfortable truths that, although black and minority artists are enjoying greater representation, it remains white people who predominantly sell—and buy—their work. But as the Movement for Black Lives reaches fever pitch in the US, the art trade is being asked to confront racial inequality among its ranks.
Where to buy works of art to support anti-racism causes
Source: The Art Newspaper.
Artists and galleries have been raising money to help charities and funds in the wake of the George Floyd and Black Lives Matter protests.
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
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.
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
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
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 Collectors Shape Contemporary Art History
Source: Artwork Archive.
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.
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.
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