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Renaissance Patronage: The Financial Foundations of Artistic Mastery
The Renaissance, an era of unparalleled cultural and artistic brilliance, marked a transformative moment in the history of art and economy. The roots of patronage are firmly embedded in a historical context defined by the economic and…
Alchemy and Currency: The Medieval Quest for Wealth and Transformation
Exploring the course of history, particularly during the medieval period, reveals alchemy as both a mysterious practice and a symbolic art aimed at transmuting base metals into gold. This pursuit embodied humanity’s timeless ambition to…
Art Markets Trends To Watch In 2025
The year 2025 is here already, it is here with equal parts promise and caution. 2024 wasn't a great year for the art market, but everyone is now speculating whether 2025 would improve things or further go down the drain.
Here are some…
Nick Cave’s Kansas Airport Installation Removed After Parts Fall Off
A Nick Cave installation at the Kansas City airport is now grounded after an incident of parts falling off in October.
The $1 million installation, titled “The Air Up There”, was installed at the new terminal of the Kansas City…
New Frontiers: Auction Houses Venture Into New Territories
For the past few years, the axis of the art world has been shifting away from the West. Auction houses have been at the forefront of embracing that change.
There have been numerous reasons behind the shift. The ongoing war with Ukraine…
Philanthropy in the Arts: Major Grants Awarded in 2024
On the one hand, while governments turned their backs on artists and institutions in 2024, they found support elsewhere. Let’s take a look at the grants and prizes given out last year.
In February, the Trellis Art Fund was established in…
Budget Cuts, Funding Halts: When Governments Turned Their Back On Artists
Government spending remains the single biggest spender on arts & culture almost everywhere. Naturally, the art scene in any country depends heavily on government support and sustenance. However, 2024 saw several governments – both…
The Rise of Affordable Art: Market Boom for Works Under $5K
The news around the art market is often filled with record-breaking and awe-inspiring sales numbers of well-known artworks. 2024 was no different; be it the $6.2 million sale of the infamous Comedian or Magritte’s L’empire des lumières sold…
Guaranteed Income Programs: A New Hope For Artistic Freedom
Being an artist is a constant battle between living in the world of creative imagination versus living in the real world of constant hardships. Beyond the select blue chip names who make millions, the harsh truth for most of the artists is…
In Memorium: Who The Art World Lost In 2024
The end comes for us all – irrespective of caste, creed, color, or stature. But legacy is what endures even beyond the grave. This year too the art world lost several talents and luminaries. Let’s try to commemorate their lives and times.…