How are art fairs strangling galleries?
"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 conditions? And do major art fairs hold any responsibility to help reshape the structure of the art market? He argues that, if a new approach is not adopted, art fairs will end up swallowing galleries."
3 November 2024
How are art fairs strangling galleries? 3 November 2024
"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...
Mega-art fairs and Asia, a growing alliance 7 August 2023
In recent years, the presence of mega-art-fairs such as Basel and Frieze has increased in Asia, one of the reasons for which is the diversification policies of the guiding groups of these events. The growth of the super-wealthy in Asia, based on global data, is another reason that makes this region an attractive place for art deals. In this short text, we will take a look at the gro...
The role of art fair in the art market 15 February 2023
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...