The Art Business

Art World, Art Market

Jeffrey Taylor (State University of New York, USA)

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English

Routledge
29 September 2023

Art Forms; Economics; Business mathematics & systems; Non-profitmaking organisations; Sporting events, tours & organisations

Series: Discovering the Creative Industries

This book provides a comprehensive overview of the professional activities of the art business. Addressing this fast-moving industry, The Art Business: Art World, Art Market analyses the sector’s institutions and structures, including galleries, auction houses and art fairs.

The rapid development of art finance and its deployment of art as an asset class are covered, and up to moment observations are delivered on the quickly evolving auction system that includes dramatic changes at the major auction houses, Sotheby’s and Christie’s. This edition highlights growing crises in the market including the ever more unbearable costs of art fair attendance and the lack of a reliable system for establishing ownership and title of artworks. Ever more pressing ethical issues such as toxic museum donors, cultural heritage compliance, and problems of corrupt provenances are explored in detail. Enhanced by new data analytics on the US art market, the author also distils advice and guidance for working art professionals hoping to build their careers.

The result is an up-to-date picture of an art business suitable for students and practitioners across the creative sector.

By: Jeffrey Taylor (State University of New York USA)
Imprint: Routledge
Country of Publication: United Kingdom
Edition: 2nd edition
Dimensions: Height: 234mm, Width: 156mm,
Weight: 485g
ISBN: 9780367513238
ISBN 10: 0367513234
Series: Discovering the Creative Industries
Pages: 312
Publication Date: 29 September 2023
Audience: College/higher education , Professional and scholarly , Primary , Undergraduate
Format: Paperback
Publisher's Status: Active

Jeffrey Taylor is US Fulbright Scholar at the European Humanities University (EHU) in Vilnius, Lithuania.

Reviews for The Art Business: Art World, Art Market

"""M.A. programs in ‘Business of Art’ are coming to seem increasingly important. Yet there is hardly a suitable textbook to hand out to students. Dr Taylor’s volume brilliantly fills the gap by introducing a broad range of relevant topics from a practical, theoretical, and historical perspective."" Christian Huemer, Österreichische Galerie Belvedere, Austria"