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After NFTs, art generated by artificial intelligence, or AI for short, could be the next issue to set the art market abuzz. Stephan Scheuer explains the phenomenon in the Handelsblatt: "The question of intellectual property is easy to answer at first glance, said Sarah Polcz of Stanford University Law School. 'A work of art created solely by artificial intelligence is ... read more
Nothing seems too shabby for some people: according to Ursula Scheer in the FAZ, Russian hackers have attacked the website of the charitable organisation Legacy of War, which wants to finance ambulances for Ukraine with the sale of Banksy prints.Collectors are no longer willing to take risks, Allan Schwartzmann complains on read more
What else happened in the art market during the second half of the year is documented in the third and last part of our review.Hauser & Wirth is said to have bought London's Groucho Club, including its art collection, from an investment company for nearly 40 million pounds, reports Oliver Barnes in mid August in the Financial Times.Ursula Scheer describes ... read more
For the big auction houses, on the other hand, the first half of the year was surprisingly successful, as Christian Herchenröder analyses in the second of three parts of our season review at the beginning of August in the Handelsblatt: "A main indication of the market bull market are the global auction results of Christie's, Sotheby's and Phillips. They rose ... read more
The world is in crisis mode, the art market seems to be celebrating. In our three-part review of the art market coverage, we take another look inside and behind the scenes. We start with the fairs.The autumn season has not yet begun, there is already the first fair cancellation. Anny Shaw reports in The Art Newspaper the cancellation of the ... read more
What remains of Ukrainian cultural sites after the Russians have left is documented by the Kyiv Independent on its Youtube channel.Eileen Kinsella, writing for Artnet, took a detailed look at the record sales of eight billion US dollars reported by Sotheby's: "Sotheby's said that fine art and luxury auction sales accounted for $6.4 billion of ... read more