Artprice by Art Market Publishes Its 2019 Contemporary Art Market Report Between the Frieze and the FIAC; the Contemporary Art Market Has Grown 1,800% in 19 Years and Its Price Index Rose 22% in 2018/19
PARIS, Oct. 8, 2019 /PRNewswire/ -- Growth of 1,800% in 19 years… and a price index up +22% last year… Contemporary art is now a global market on all five continents of the planet. In 2000, the global Contemporary Art auction market turned over $103 million. In 2019 it hammered$1.9 billion. Art...
Artmarket.com Takes First Steps on Euronext Paris and Announces New Partnership in the Field of Artificial Intelligence as a Global Player in the Art Market
PARIS, Oct. 8, 2019 /PRNewswire/ -- The proprietary metadata accumulated by Artprice, the world leader in Art Market Information since 1999, is now available to Artmarket.com. Having extended its corporate purpose, Artmarket.com announces, among other initiatives, an industrial partnership with ...
Artprice's historic EGM validates Artmarket.com in order to embrace the all-digital age as a global player in the Art Market
PARIS, Oct. 3, 2019 /PRNewswire/ -- The historic EGM meeting on 30 September
2019 has fully validated our strategy of changing our name and extending our
corporate purpose fromArtprice.com
Artprice by Art Market: H2 2019 begins with very positive signals
PARIS, Sept. 27, 2019 /PRNewswire/ -- The 17.4% contraction in global art auction turnover in H1 2019 has highlighted the new disequilibrium between declining supply and ever stronger demand, especially for Modern Art masterpieces. Meanwhile... Sotheby's Q2 2019 financial report (one of its last ...
Artprice by Art Market: The Geopolitics of the 15th Lyon Biennale
PARIS, Sept. 18, 2019 /PRNewswire/ -- Some fifty artists have been commissioned this year to producein situ artworks at the former Fagor factories in Lyon. It's the first time the Lyon Biennale will make use of the 29,000m² site located not far from the highly symbolic spot where the Saône flows ...
At its EGM on 30 September 2019, Artprice.com Will Switch Name to Artmarket.com to Become the Global Reference in the Art Market
PARIS, Sept. 9, 2019 /PRNewswire/ -- Artprice.com is switching to artmarket.com with statutory amendment and an extension of its corporate purpose: this EGM of 30.09.2019 seems like an IPO. Indeed Artmarket.com will help to ignite the Art Market in its entirety. On 8 August 2019 Artprice's Board...
Artprice by Art Market: Top 10 auction gains in H1 2019
PARIS, Sept. 2, 2019 The resale of artworks illustrates the financial potential of Art, a potential that depends on numerous factors including the artists' notoriety, the intrinsic qualities of the works and, of course, the intensity of demand over time. While the average return on art investment...
Artprice by Art Market: Latest Auction Records in Photography
PARIS, Aug. 16, 2019 /PRNewswire/ -- Although Photography currently accounts for just under 2% of the total value of the global secondary art market, the medium has become a permanent feature of the art world after a lengthy process of acceptance that dates back to the end of WWII and which has m...
Artprice by Art Market, H1 2019 Art Market Report: Demand Intensifies for Contemporary Art as Supply Contracts and Prices Rise
PARIS, Aug. 1, 2019 /PRNewswire/ -- * Prices of Contemporary Art were up 40% * Average annual ROI worked out at +4.6% for an average holding of 13 years * Tighter supply pushed prices up * The volume des Fine Art* transactions was up very slightly: +0.1% * The USA (-20%), China** (-12%) ...
Artprice100©: The Art Market's Blue-chip Artists Yield Nearly as Much as the Top Performing Companies in the American Economy
PARIS, July 15, 2019 /PRNewswire/ -- thierry Ehrmann, Artprice's founder/CEO, highlights the art market's excellent performance in H1 2019: "A collector who, at the start of this year, invested in the 100 most successful artists of the last five years (2014-2018), would already be looking at a va...
Artprice.com is Changing Its Name to Artmarket.com to Become a Global Player in the Art Market
PARIS, July 10, 2019 /PRNewswire/ -- thierry Ehrmann: "Artprice recently
celebrated its 20th anniversary. It took twenty years to establish Artprice as
the Global Leader in Art Market Information, its declared ambition in its 1999
IPO prospectus."
Artprice: The Digital Revolution of the Art Market is Now
PARIS, July 9, 2019 /PRNewswire/ -- The acquisition of Sotheby's by the telecommunications and networks tycoon, Patrick Drahi, may be seen as the Art Market's final acceptance of the digital era. To view the Multimedia News Release, please click: https://www.multivu.com/players/uk/8571451-artpri...
Artprice: The "Toulouse Caravaggio" Acquired Privately
PARIS, June 27, 2019 /PRNewswire/ -- The public sale was scheduled for Thursday, 27 June at 18:00, Toulouse time. According to theSale Conditions, anyone interested in acquiring the painting had to"register as a bidder at least 15 days before the sale." As thierry Ehrmann explains, that meant tha...
Artprice: France's Cultural Policy is Not in the Country's Best Interests According to thierry Ehrmann
PARIS, June 20, 2019 /PRNewswire/ -- By pursuing a strategy of concentrating the country's cultural offer on its capital,France is leaving itself dangerously exposed to stronger players. French artists, galleries and auction houses are finding it increasingly difficult to emerge from the shadow o...
Artprice (New York) - Thierry Ehrmann: Patrick Drahi's Acquisition of Sotheby's Confirms the Art Market's Entry Into the Digital Era of the 21st Century
NEW YORK, June 18, 2019 /PRNewswire/ -- Thierry Ehrmann: "Patrick Drahi's acquisition of Sotheby's confirms the Art Market's entry into the digital era of the 21st century. Artprice has always argued that the global Art Market -- weighing roughly 90 billion dollars -- was several decades behind i...
Artprice Presents a Ranking of Contemporary Art Museums in France Based on Google Opinions - Methodology and Facts, Which Have Been Legally Verified
According to thierry Ehrmann, "Artprice's head office is the Contemporary Art Museum known as theMusée l'Organe which manages the ERP (Establishment Receiving the Public, i.e. museum)La Demeure du Chaos, otherwise known as The Abode of Chaos." PARIS, June 14, 2019 /PRNewswire/ -- Methodology: th...
Artprice: A Masterpiece by Caravaggio, a Monet, a Bacon and a Small Basquiat to Close Out H1 2019
TOULOUSE, France, June 13, 2019 /PRNewswire/ -- Since the beginning of the year the American art market has reassured all of its protagonists, and is now testingRichard Prince's new range of cannabis products, Katz + Dogg, launched concurrently with the opening of his showHigh Times at the San Fr...
Artprice: Events Marking Gustave Courbet's Bicentennial Could Stimulate His Market
PARIS, June 5, 2019 /PRNewswire/ -- Gustave Courbet was born on 10 June 1819 in Ornans, a small town in Franche-Comté that has been home to the Courbet Museum since 2013. This Monday, to mark the bicentennial of the birth of this major artist (more in terms of Art History than on today's market.....
Artprice: Hong Kong Drives the Contemporary Art Market
HONG KONG, May 29, 2019 /PRNewswire/ -- Christie's, Phillips and Bonhams have at last started their 2019 sales programme inHong Kong, two months after the other major auction houses began theirs. Sotheby's,China Guardian, Poly, Council and Seoul Auction organized their first majorHong Kong sessio...
Artprice: The Art Market Snaps up the New "Classics of Contemporary Art"
PARIS, May 21, 2019 /PRNewswire/ -- The Art Market might have seemed a little hungover in early 2019, in need of some event that would reassure everyone, and that's exactly whatNew York's prestige sales did last week. The results proved that the hammer prices recorded in Q1 inLondon, notably for ...