Connect with us

Art

Unlocking the Art Market: Olyvia Kwok Decani Talks The Rise of Millennial Art Investors

Published

on

Source: Art Plugged

The art world is being reshaped by the millennial generation. The rich and famous have always dominated the contemporary art market, but that’s now changing. With an estimated $40 billion in annual spending power, millennials are joining the fray in large numbers. It’s good news for artists and dealers alike that millennials are establishing themselves in the art industry as they approach their prime earning years. They’re one of the most important customers because of their spending power. With roughly 30% of the world’s population, they’re also one of the largest generations ever to reach adulthood.

The onset of COVID-19 brought about a significant shift in the art industry, with millennials emerging as the market’s dominant demographic. However, even before the pandemic, they were playing a part, with numerous youngsters searching for elective ways of putting away their cash.

Read more: https://artplugged.co.uk/unlocking-the-art-market-olyvia-kwok-decani-talks-the-rise-of-millennial-art-investors/

Art

Urban Aboriginal art takes centre stage at the 2024 Sydney Biennale

Published

on

Source: Financial Times

Search for the origins of contemporary Indigenous art in Australia and the answer is surprisingly specific: the Northern Territory town of Papunya, c1971, with a depiction of the Honey Ant Dreaming ancestral tale in a large-scale mural. This was the birth of “dot painting”, the reproduction on paper or canvas of traditional styles of sand and body ceremonial art, and it brought global fame to artists such as Clifford Possum Tjapaltjarri and Kaapa Tjampitjinpa.

In the minds of many outside Australia, Aboriginal art, both old and new, is linked to remote areas of the country. Yet contemporary Indigenous art has always had an urban side, most notably in Queensland art schools in the 1980s, where students included Tracey Moffatt, who became the first Indigenous artist to represent Australia in a solo show at the Venice Biennale, and the brilliant Gordon Bennett, who skewered colonial history by appropriating large chunks of western art.

Read more: https://www.ft.com/content/d819b351-4e98-4ee8-978e-3916bcf2baf8#comments-anchor

Continue Reading

Art

Study for portrait Winston Churchill disliked goes on show at his old home

Published

on

Source: The Guardian

An intimate study of Winston Churchill that has been in private hands for seven decades has gone on show in the room at Blenheim Palace in which Britain’s most famous prime minister was born, before being auctioned in June.

It was the work of Graham Sutherland, one of the most highly regarded artists of his time. Sutherland was commissioned to paint Churchill by the Houses of Parliament to mark the wartime leader’s 80th birthday in November 1954.

Read More: https://www.theguardian.com/uk-news/2024/apr/16/study-winston-churchill-portrait-disliked-auction-graham-sutherland

Continue Reading

Art

Art Paris leans into its Frenchness for 2024 edition, with rising talents in the spotlight

Published

on

Source: euronews.culture

For its 26th edition, Art Paris is leaning into its Frenchness and putting a spotlight on the diversity of the French art scene. The contemporary and modern art fair continues to give a platform to rising talents.

As Paris settles into its role at the centre of Europe’s art market, ‘Art Paris’ is trying to build on the momentum the French capital has enjoyed in recent years.

After welcoming a record 81,857 visitors in 2023, this year the contemporary and modern art fair features more stands than ever before – with 136 galleries representing 25 countries.

Close advertisingBut the fair has maintained its identity as a “local” art fair, with 60% of exhibiting galleries remaining French.

Read more: https://www.euronews.com/culture/2024/04/05/art-paris-leans-into-its-frenchness-for-2024-edition-with-rising-talents-in-the-spotlight

Continue Reading

Trending