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Art Market

Forum reviews major events over the year at art market

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Source: Chinadaily.com.cn

How did the art creation and market evolve last year? What were the most expensive Chinese art in salesrooms? And what policies were issued to further regulate the sector? These aspects were given a review at a recent forum on the development of art market in Beijing, jointly organized by Beijing Business Today and Beijing Association of Auctioneers.

Attendants from different sectors of art market discussed major events of last year which reveal changes and tendencies in the area, such as the competition between Beijing, Shanghai and Shenzhen, Guangdong province, in building a showcase and trade center for international art, an increase in launching digital platforms for art fairs, auctions and auction previews and the rise of buyers born in 2000 and after, and their favored categories, which are different from those from older generations.

Read more: https://www.chinadaily.com.cn/a/202401/30/WS65b84d85a3104efcbdae89a0.html

Art Market

Saturday Art Market opens May 25 at Big Ole Park

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Source: Echo Press

The Saturday Art Market is an exciting opportunity for locals and visitors to gather at Big Ole Park on the north end of Broadway in Alexandria every Saturday this summer.

Attendees will be able to visit with local artists and shop their offerings. Coffee and food items will be available near the market and there will be live music every weekend.

The Art Market, which is held next to Alexandria’s Farmer’s Market, runs every Saturday from 9 a.m. to 1:30 p.m., May 25 through Aug. 31. Music will run from 9:30 a.m.-12:30 p.m. each Saturday.

Read more: https://www.echopress.com/news/saturday-art-market-opens-may-25-at-big-ole-park

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Art Market

Art Market Seeks Its Footing After Stumbling Sales and a Hack at Christie’s

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Source: The New York Times

Estimates are still soaring past the $20 million mark and canvases still bear the signatures of dependable ringers like Warhol, Basquiat and Picasso. But there is a shadow looming over the spring auction season that begins Monday.

A cyberattack at Christie’s brought down the company’s website on Thursday, and as of Sunday morning, Christie’s had not yet regained control of it. On Sunday evening, in his first public statement since the cyberattack, Guillaume Cerutti, the chief executive of Christie’s, confirmed that eight auctions would proceed as scheduled, with bidding in person and by phone (the rare watches sale has been postponed until May 14). A place-holder website was set up allowing access to the digital catalogs, but did not allow online bidding. With the site down and questions still unanswered about the fate of confidential data, analysts are uncertain about the impact on buyers and sellers.

Read more: https://www.nytimes.com/2024/05/12/arts/design/will-auctions-revive-art-market.html

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Art Market

Art Market Seeks Its Footing After Stumbling Sales and a Hack at Christie’s

Published

on

Source: The Newyork Times

Estimates are still soaring past the $20 million mark and canvases still bear the signatures of dependable ringers like Warhol, Basquiat and Picasso. But there is a shadow looming over the spring auction season that begins Monday.

A cyberattack at Christie’s brought down the company’s website on Thursday, and as of Sunday morning, Christie’s had not yet regained control of it. On Sunday evening, in his first public statement since the cyberattack, Guillaume Cerutti, the chief executive of Christie’s, confirmed that eight auctions would proceed as scheduled, with bidding in person and by phone (the rare watches sale has been postponed until May 14). A place-holder website was set up allowing access to the digital catalogs, but did not allow online bidding. With the site down and questions still unanswered about the fate of confidential data, analysts are uncertain about the impact on buyers and sellers.

Read more: https://www.nytimes.com/2024/05/12/arts/design/will-auctions-revive-art-market.html

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