Tuesday, September 4, 2012

A collector's view on what's happening behind the scenes in the global art market


In a recent post titled What's art got to do with it?, Edward Winkleman presents a text by Alain Servais, a Brussels-based collector profiled in Modern Painters 50 Most exciting Collectors Under 50, from his Art News Digest, which offers art news and commentary on developments in the art market for an undisclosed list of email recipients. Winkleman says the text is a synthesis of what's happening behind the scenes in the global art market, sprinkled with some rather blunt truths that need wider discussion.

Servais talks about branding; the rise of mega-galleries and their focus on "very bankable artists"; the emergence of a "grow or go" culture and its impact on the art being created, exhibited and collected; and the need to support "resistance organisations still defending an ideal which is measured not only in hard cash." Read more...
Image: Walter De Maria's 13, 15, 15 Meter Rows at Gagosian