Tag #Art Market

Showing 1 to 12 of 36 results

lemonde.fr
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France Debates Prioritizing French Artists in Publicly Funded Arts

A French Ministry of Culture report recommends prioritizing French artists in publicly funded museums, theaters, and festivals, sparking debate about quotas and national identity in the arts.

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24% Bias Score

Quality Education
theguardian.com
🌐 85% Global Worthiness
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Oasis Portrait to Auction Amidst Reunion Tour

Sotheby's will auction a 1996 Elizabeth Peyton portrait of Oasis's Liam and Noel Gallagher in London in June, estimated at £1.5-2 million, coinciding with the band's highly anticipated 2025 reunion tour, which saw 14 million fans miss out on tickets.

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48% Bias Score

Reduced Inequality
news.sky.com
🌐 85% Global Worthiness
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TV Star Jailed for Funding Hezbollah Through Art Sales

Oghenochuko Ojiri, a 53-year-old TV personality, was jailed for two and a half years for selling £140,000 of art to a suspected Hezbollah financier, Nazem Ahmad, between October 2020 and December 2021, violating the Terrorism Act 2000.

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44% Bias Score

Peace, Justice, and Strong Institutions
nos.nl
🌐 85% Global Worthiness
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Rediscovered JMW Turner Painting to Sell for €350,000

A painting initially valued at under €1,000 has been authenticated as a 1792 JMW Turner oil painting, "The Rising Squall," and is expected to sell for over €350,000 at Sotheby's auction on July 2nd, 2024, due to the rediscovery of Turner's signature after varnish restoration.

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4% Bias Score

No Poverty
forbes.com
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Art Basel struggles as Art Dubai thrives with focus on emerging artists

Art Basel faces declining attendance and sales, while Art Dubai's 2025 edition saw increased sales and thirty new galleries, showcasing emerging artists and collaborations with brands like BMW, highlighting a potential shift in the art market's focus.

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48% Bias Score

Reduced Inequality
bbc.com
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Banksy Art: Differing Fortunes for Homeowners

Two homeowners discovered Banksy artworks on their walls, resulting in vastly different outcomes: one artwork is set to sell for over \$1 million, with proceeds to a domestic violence charity, while the other faces significant preservation costs and an uncertain sale.

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52% Bias Score

Reduced Inequality
faz.net
🌐 85% Global Worthiness
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Chardin's "Cut Melon" Sells for Record Price, Buyer Defaults

Nanni Bassani Antivari, a real estate investor, won the bid for Jean-Siméon Chardin's "The Cut Melon" at Christie's Paris in June 2024 for €23 million but failed to pay, leading to the Kimbell Art Museum acquiring the painting through private negotiations.

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48% Bias Score

Reduced Inequality
welt.de
🌐 85% Global Worthiness
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UK Art Dealer Jailed for Hezbollah-Linked Terrorism Financing

A British art dealer, Oghenochuko Ojiri, was sentenced to 2.5 years in prison for selling £140,000 of artwork to a sanctioned individual linked to Hezbollah, marking the UK's first such conviction and leading to the seizure of nearly £1 million worth of art.

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36% Bias Score

Peace, Justice, and Strong Institutions
theguardian.com
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BBC Art Expert Jailed for Hezbollah Financing Link

Oghenochuko Ojiri, a BBC art expert, received a two-and-a-half-year prison sentence for selling £140,000 of artwork to Nazem Ahmad, a suspected Hezbollah financier, between October 2020 and December 2021, marking the first conviction under section 21a of the UK Terrorism Act 2000.

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40% Bias Score

Peace, Justice, and Strong Institutions
taz.de
🌐 75% Global Worthiness
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Berlin Gallery Weekend Amidst Global Art Market Decline

The 21st Gallery Weekend Berlin features 52 galleries, but a new report reveals a 12% decrease in global art sales in 2024 to \$57.5 billion, and a survey of Berlin galleries shows rising rents are impacting smaller galleries, resulting in a trend of market consolidation.

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48% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
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Global Art Market Sales Decline 12% in 2024

Global art market sales fell 12% to $57.5 billion in 2024, the second consecutive annual decline, due to geopolitical tensions, economic volatility, and uncertainty surrounding US tariffs on art, according to the Art Basel and UBS report.

Progress

36% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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Berlin Project Sells Contemporary Art Designs for Tattoos

Works on Skin, a Berlin project launched last summer, sells limited-edition contemporary artwork designs (100 editions each) for tattoos, priced from €100–€2,000, addressing artists' financial struggles while blurring traditional art and tattooing boundaries.

Progress

48% Bias Score

Decent Work and Economic Growth

Showing 1 to 12 of 36 results