With the 2014 edition of Art Basel Miami Beach now just a little over a week away, I’ve been thinking about how long for this world the current art fair exhibitor model really is. I’ve read and listened to so many gallerists this year lamenting the same increasingly hellish reality: that the all-in costs associated with running a booth at any fair, let alone the top tier set, are obscenely high…and yet the sales revenue those booths generate now makes up such a colossal proportion of their annual grosses that most sellers can’t afford NOT to participate in them.Read More
Filtering by Tag: artfairs
As any regular reader of this blog knows, I have a fetish for analyzing both the incentives facing the different actors in the art market and the consequences those incentives create. Some of my favorite posts this year, from Speed Kills to The Menace of the ‘More’ Machine to Narratives Make the Art World Go 'Round, have all centered on how the accelerating velocity of transactions is warping the strategies of museums, gallerists, artists, and collectors in varying ways.
Yesterday, dependably thoughtful gallerist and author Edward Winkleman penned a short blog post that neatly interlaced with some of those ideas. But it also spurred my brain’s hyperactive comparison-drawing function into another parallel between high art and Hollywood–with some potentially unsettling implications for visual culture.Read More