Tag: Buyers

Art Industry News: Hunter Biden May be Forced to Disclose the Buyers of His Pricey Art + Other Stories

Art Industry News is a daily digest of the most consequential developments coming out of the art world and art market. Here’s what you need to know on this Thursday, January 5. NEED TO READ Danish Artist Accused of Racism for His Covid Work – Copenhagen gallery owner and artist Søren Vilhelm’s neon artwork depicting a Chanel-style perfume bottle that reads “N’19 COVID CHINA” ...

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Art Industry News: Why Gen-Z and Millennial Buyers Could Soon Dominate Hong Kong’s Auction Market + Other Stories

Art Industry News is a daily digest of the most consequential developments coming out of the art world and art market. Here’s what you need to know on this Friday, October 7. NEED-TO-READ Young Hong Kongers Are Driving the City’s Market – Auction houses have seen a jump in the number of Millennial and Gen-Z buyers this year. A third of the bidders for ...

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A Look at Spring 2021’s Top Auction Buyers and Sellers – ARTnews.com

In the past, financial crises have proven particularly grim for auction houses, and the pandemic’s economic impact was no different; it caused a slump in annual sales for the world’s top auction houses—Christie’s, Sotheby’s, and Phillips—of 16 percent to 25 percent. By June, however, sales volume had bounced back to pre-pandemic levels, the financial lag only momentarily deterring big spenders across the globe. The ...

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Hoping to Snag Art Basel–Bound Buyers, Berlin Dealers Showcased Their Emerging Talent for Fall Edition of the City’s Gallery Weekend

For Gallery Weekend Berlin, it seems the second time’s the charm. This year, the event decided to split off into two separate events, in April and September, in part to uplift galleries at a time of great uncertainty over fair calendar, but also because its usual spring slot has, for the past two years, coincided with significant health restrictions in the city. The weekend ...

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Houses Accept Buyers’ Bitcoin and Display NFT Art – The Hollywood Reporter

The soaring contemporary architecture and breathtaking views of the Palazzo di Vista in Bel Air may seem well worth the $87.77 million it’s listed for. But the lucky buyer will also acquire a $7 million art collection, including an NFT (non-fungible token) art gallery, curated by MDP Art Curators, with works by Ghost Girl and BigHead Music Producer. “The art world is changing so ...

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Hunter Biden Criticized for Plans to ‘Meet With Potential Art Buyers’ (A.K.A Attend His Exhibition Opening) + Other Stories

Art Industry News is a daily digest of the most consequential developments coming out of the art world and art market. Here’s what you need to know on this Friday, July 23. NEED-TO-READ Art Market Confidence Hits a New High – A new report from ArtTactic suggests that confidence in the art market is at its highest level since 2014. The firm surveyed 113 ...

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Psaki defends Hunter Biden’s participation in art shows: ‘No scenario’ in which buyers can ‘provide influence’

White House press secretary Jen Psaki on Thursday defended Hunter Biden’s plans to meet with potential buyers of his art, saying the fact that the actual buyers will be anonymous will prevent the appearance of any "undue influence" in the administration."He's not going to have any conversations related to the selling of art," Psaki said during her daily press briefing. "That will be left to ...

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Obama ethics chief blasts Biden WH ‘blind spot’ over Hunter Biden meeting with potential art buyers

Former President Obama's ethics chief ripped the White House Wednesday after a new report revealed that President Biden’s son, Hunter Biden, will be attending two art shows in Los Angeles where his paintings will be displayed and potential anonymous buyers will be in attendance.The younger Biden will be attending the small LA shows before a larger New York City exhibition of art at his ...

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