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Soaring in art, a museum trips over finances
By putting art ahead of the bottom line, the the Museum of Contemporary Art in Los Angeles has suffered financially and is now being audited by the state's attorney general. |
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Economic Times Test Miami Art Show
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Art Basel Miami is sister of the large annual show in Switzerland. The Miami show has been growing in both size and prominence as an international market for art, but will be put to the test in this year's economic slide. |
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Sotheby’s, Christie’s Contemporary-Art Sales Total Drops 17%
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Dec. 5 (Bloomberg) -- Annual sales of contemporary art at Sotheby’s and Christie’s International’s flagship auctions in New York and London contracted 17 percent in 2008 after more than doubling over the previous two years, according to figures compiled by Bloomberg News. |
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