We want to see more people in the art world developing their entrepreneurial skills and bringing innovation to this sector. We believe that many people in the arts are sitting on vast amounts of knowledge, expertise and passion; but their lack of business background, commercial expertise and fear of failing, prevent many from setting up their own ventures. Our goal is to inspire artists, curators, business people and whoever else in the art world, to pursue their ideas and achieve success in innovation in the art market.
Sotheby’s has unexpectedly become the most promising possibility for Latin American art in the auction rooms. In a long-awaited decision, the auction house has announced it will integrate Latin American art into its contemporary auction sales in New York – starting this Autumn.
Playing catch-up? Artworld, go online. Here are Portafolia Studio’s top tips on the different scenarios of how and why to go online and reach an audience that loves what you do and one who is yet to find out.
People in the art world sit on vast amounts of knowledge, expertise and passion; but their weak business foundations – even at the level of galleries and other art businesses –, make it difficult for them to make a positive impact on this field.
As the art market is gradually moving from a small niche market towards becoming a global industry – data, information and research are becoming essential tools in supporting the development and growth of both new and existing businesses in the art market.
Francesca Bellini Joseph picks five Brazilian artists who are going global for the FT Weekend Magazine. Renata Lucas Born: Ribeirão Preto, 1971 Format: Installation and sculpture Well-known works: “Falha”, 2003; “Venice Suitcase”, 2009; “Kunst-Werke”, 2010
Auction sales for Modern and Contemporary Middle Eastern art up 85.5% in 2013: Total sales ofModern and Contemporary Arab, Iranian and Turkish art for Christie’s and Sotheby’s reached $18.5 million in 2013, up from $10 million in 2012. This rise was driven by increased demand for Iranian, Egyptian, Lebanese and Turkish modern and contemporary artists.