"The financial burden of participating in prominent art fairs such as Art Basel or Frieze poses a significant challenge for small galleries and emerging artists, particularly in recent months as the art market has been grappling with a crisis. In this discussion, Magnus Resch raises critical questions: How many more galleries can continue to operate under such difficult market condi...

In recent years, the presence of mega-art fairs like Art Basel and Frieze has expanded significantly in Asia. One key factor behind this trend is the diversification strategies adopted by the organizers of these events. Another major driver is the rapid growth of the ultra-wealthy in Asia, as highlighted by global wealth data, making the region increasingly attractive for high-value...

In the last few decades, the number of art fairs has grown unprecedentedly; This growth is rooted in the influence of art fairs on the art market. Art fairs affect the art market and, more broadly, the art economy in many ways. In this essay, Azadeh Bagheri has examined some of the factors of the art fairs on the art market and has also mentioned the analogy between the role of gall...