Cultural economics http://www.globalpost.com/taxonomy/term/25938/all en Art auctioneers eye another bonanza in early 2013 http://www.globalpost.com/dispatch/news/thomson-reuters/130114/art-auctioneers-eye-another-bonanza-early-2013 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Mike Collett-White</p> <p>LONDON, Jan 14 (Reuters) - The world's two biggest auction houses are predicting a bumper start to 2013, with estimates from key sales in London this February up sharply from last year.</p> <p>Confident that super-rich collectors and wealthy art institutions will continue their hunt for the very rarest works of art, both Christie's and Sotheby's are looking to improve on already spectacular gains in recent years.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130114/art-auctioneers-eye-another-bonanza-early-2013" target="_blank">read more</a></p> Auctioneering Business Cultural economics Entertainment Thomson Reuters Mon, 14 Jan 2013 18:15:04 +0000 Thomson Reuters 5734294 at http://www.globalpost.com Art not only for "1 percent", says Christie's chief http://www.globalpost.com/dispatch/news/thomson-reuters/130116/art-not-only-1-percent-says-christies-chief <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Christie's 2012 art sales at record 3.9 billion pounds</p> <p>* Asia drops sharply, private sales surge</p> <p>* CEO Murphy sees unprecedented interest in art globally</p> <p>* Christie's aims to capture clients via online auctions</p> <p>By Mike Collett-White</p> <p>LONDON, Jan 17 (Reuters) - When the public sits up and notices the art market, it is usually when an anonymous buyer pays a mind-boggling sum to acquire a prized painting or sculpture.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130116/art-not-only-1-percent-says-christies-chief" target="_blank">read more</a></p> Auctioneering Business Cultural economics Entertainment Steven Murphy Technology Thomson Reuters Thu, 17 Jan 2013 00:30:11 +0000 Thomson Reuters 5735370 at http://www.globalpost.com As Indian art world meets, prices stay depressed http://www.globalpost.com/dispatch/news/afp/130131/as-indian-art-world-meets-prices-stay-depressed <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>India's art world has converged on New Delhi for the industry's biggest annual event where upbeat talk and parties are likely to disguise a market that is still in the doldrums since crashing in 2008.</p> <p>Indian art auction prices are down 70 to 75 percent from their peak, when speculation driven by new prosperity in cities such as Delhi and Mumbai pushed them to "unsustainable levels", says art analyst Anders Petterson.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130131/as-indian-art-world-meets-prices-stay-depressed" target="_blank">read more</a></p> Auctioneering Business Cultural economics Entertainment AFP Fri, 01 Feb 2013 04:45:36 +0000 Agence France-Presse 5742544 at http://www.globalpost.com Records fall as NY art auctions take in $170 million http://www.globalpost.com/dispatch/news/thomson-reuters/130201/records-fall-ny-art-auctions-take-170-million <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Madonna painting from 1490s fetches week's highest price</p> <p>* Strong international bidding, particularly from Russians</p> <p>By Chris Michaud</p> <p>NEW YORK, Feb 1 (Reuters) - Three paintings each sold for more than $10 million and artists' records fell as auction houses Christie's and Sotheby's collectively moved some $170 million in Old Master and Renaissance art this week.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130201/records-fall-ny-art-auctions-take-170-million" target="_blank">read more</a></p> Auctioneering Business Cultural economics Entertainment USD Thomson Reuters Sat, 02 Feb 2013 02:01:02 +0000 Thomson Reuters 5743760 at http://www.globalpost.com Global art sales swell despite slowing Chinese market http://www.globalpost.com/dispatch/news/afp/130305/global-art-sales-swell-despite-slowing-chinese-market <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Works by Andy Warhol topped the list of auction sales in 2012, as the global art market thrived thanks to high sales in New York and in China, the French watchdog Artprice told AFP Tuesday.</p> <p>After a bumper rise in sales of 21 percent in 2011, the global market grew more than 6 percent last year, found a joint report by Artprice and the group Artron seen by AFP, to be published on Thursday. </p> <p>Auction sales of art works around the globe -- which include paintings, sculptures and photographic prints -- totalled $12.27 billion (9.42 billion euros) last year.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130305/global-art-sales-swell-despite-slowing-chinese-market" target="_blank">read more</a></p> Auctioneering Business Cultural economics Entertainment War AFP Tue, 05 Mar 2013 22:17:06 +0000 Agence France-Presse 5774320 at http://www.globalpost.com Park-jobs http://www.globalpost.com/dispatch/news/yonhap-news-agency/130329/park-jobs <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Yonhap News Agency </div> </div> </div> <!--paging_filter--><p>SEOUL, March 29 (Yonhap) -- President Park Geun-hye continued her push Friday to create a fair job market in which job seekers are evaluated for their abilities, not their academic backgrounds.</p> <p>In South Korea, competition to enter the top universities is fierce because a prestigious educational background is often the key to a successful career.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://english.yonhapnews.co.kr" class="button wire yonhap"></a></p> <p><span>Copyright Yonhap News Agency, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/yonhap-news-agency/130329/park-jobs" target="_blank">read more</a></p> Business Cultural economics Korea Labor Law YTN Group Yonhap News Agency Fri, 29 Mar 2013 08:30:50 +0000 Yonhap News Agency 5796892 at http://www.globalpost.com creative economy-GDP http://www.globalpost.com/dispatch/news/yonhap-news-agency/130520/creative-economy-gdp <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Yonhap News Agency </div> </div> </div> <!--paging_filter--><p>SEOUL, May 20 (Yonhap) -- Local industries linked to the government's new economic vision, dubbed the "creative economy," took up 31.2 percent of South Korea's economy in 2012, data showed Monday, falling behind global peers.</p> <p>The "creative economy," one of President Park Geun-hye's key economic policies, aims to boost the economy by creating new business opportunities and jobs through the fusion of information technology, cultural and other realms.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://english.yonhapnews.co.kr" class="button wire yonhap"></a></p> <p><span>Copyright Yonhap News Agency, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/yonhap-news-agency/130520/creative-economy-gdp" target="_blank">read more</a></p> Creative industries Creativity Cultural economics Yonhap News Agency Mon, 20 May 2013 07:33:37 +0000 Yonhap News Agency 5841761 at http://www.globalpost.com Fear of art sale sparked by Detroit emergency manager asking for appraisal http://www.globalpost.com/dispatch/news/thomson-reuters/130524/fear-art-sale-sparked-detroit-emergency-manager-asking-appraisa <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Steve Neavling</p> <p>DETROIT (Reuters) - As part of his efforts to solve Detroit's financial crisis, the city's emergency manager Kevyn Orr has asked for an appraisal of the collection at the Detroit Institute of Arts, sparking fears in artistic and philanthropic circles that he means to auction off the city's artistic jewels.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130524/fear-art-sale-sparked-detroit-emergency-manager-asking-appraisa" target="_blank">read more</a></p> Cultural economics Geography of Michigan Michigan Thomson Reuters Fri, 24 May 2013 05:46:38 +0000 Thomson Reuters 5845237 at http://www.globalpost.com Brazil's Portinari tops Christie's Latin American art sale http://www.globalpost.com/dispatch/news/thomson-reuters/130530/brazils-portinari-tops-christies-latin-american-art-sale <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Walker Simon</p> <p>NEW YORK (Reuters) - A dream-like painting of children releasing kites by Brazil's Candido Portinari sold for $1.4 million at Christie's Latin American art sale and set a world auction record for the artist.</p> <p>Portinari's 1941 "Meninos Soltando Pipas" was the top seller at the Wednesday evening sale, which totaled $16 million and set benchmarks for other Latin American artists.</p> <p>"The strength of the Brazilian market reigned supreme," said Virgilio Garza, Christie's Latin American art chief.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130530/brazils-portinari-tops-christies-latin-american-art-sale" target="_blank">read more</a></p> Auctioneering Business Cultural economics Human Interest Thomson Reuters Wed, 29 May 2013 19:50:10 +0000 Thomson Reuters 5848239 at http://www.globalpost.com Seoul unveils plans for growth, job creation through 'creative economy' http://www.globalpost.com/dispatch/news/yonhap-news-agency/130605/seoul-unveils-plans-growth-job-creation-through-creative-eco <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Yonhap News Agency </div> </div> </div> <!--paging_filter--><p>SEOUL, June 5 (Yonhap) -- South Korea unveiled a set of measures Wednesday to promote the "creative economy" as a way to increase jobs and ensure economic growth.</p> <p>Under the so-called road map for the creative economy, the government said it will seek to foster an environment where creative ideas and innovative technologies lead to new jobs and markets.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://english.yonhapnews.co.kr" class="button wire yonhap"></a></p> <p><span>Copyright Yonhap News Agency, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/yonhap-news-agency/130605/seoul-unveils-plans-growth-job-creation-through-creative-eco" target="_blank">read more</a></p> Creative industries Creativity Cultural economics Politics Technology Yonhap News Agency Wed, 05 Jun 2013 19:10:59 +0000 Yonhap News Agency 5851526 at http://www.globalpost.com Seoul unveils plans for growth, job creation through 'creative economy' http://www.globalpost.com/dispatch/news/yonhap-news-agency/130605/seoul-unveils-plans-growth-job-creation-through-creative-e-0 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Yonhap News Agency </div> </div> </div> <!--paging_filter--><p>SEOUL, June 5 (Yonhap) -- South Korea unveiled a set of measures Wednesday to promote the "creative economy" as a way to increase jobs and ensure economic growth.</p> <p>Under the so-called road map for the creative economy, the government said it will seek to foster an environment where creative ideas and innovative technologies lead to new jobs and markets.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://english.yonhapnews.co.kr" class="button wire yonhap"></a></p> <p><span>Copyright Yonhap News Agency, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/yonhap-news-agency/130605/seoul-unveils-plans-growth-job-creation-through-creative-e-0" target="_blank">read more</a></p> Creative industries Creativity Cultural economics Politics Technology Yonhap News Agency Wed, 05 Jun 2013 19:11:06 +0000 Yonhap News Agency 5851528 at http://www.globalpost.com Sales of 'less elitist' contemporary art soar http://www.globalpost.com/dispatch/news/afp/131007/sales-less-elitist-contemporary-art-soar <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Sales of contemporary art rose 15 percent in the year to June as the worldwide market bounced back from the global financial crisis, according to research published on Monday.</p> <p>Artprice, a French company which tracks art sales worldwide, said the strong performance compared with a 2.4 percent contraction in the overall art market and reflected the growing investment value of works by artists born after 1945.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/131007/sales-less-elitist-contemporary-art-soar" target="_blank">read more</a></p> Cultural economics Human Interest Jeff Koons Visual arts AFP Mon, 07 Oct 2013 17:46:00 +0000 Agence France-Presse 5954263 at http://www.globalpost.com Brazilian works fetch top prices at N.Y. Latam art auctions http://www.globalpost.com/dispatch/news/thomson-reuters/131120/tamayo-portrait-brazil-abstract-art-top-latin-american-art-sale <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Walker Simon</p> <p>NEW YORK (Reuters) - A triangulated aluminum sculpture by Brazilian artist Lygia Clark that sold for $1.8 million at Phillips' Latin American auction, capped a week of regional art sales in New York in which Brazilian works commanded the top prices.</p> <p>Clark's 1960 "Bicho Invertebrado" (Invertebrate Animal) was the top item in the evening auction on Thursday, which brought in $6 million.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/131120/tamayo-portrait-brazil-abstract-art-top-latin-american-art-sale" target="_blank">read more</a></p> Auctioneering Business Cultural economics Human Interest Thomson Reuters Wed, 20 Nov 2013 18:06:34 +0000 Thomson Reuters 5994959 at http://www.globalpost.com Park promises to strengthen financing for innovative startups http://www.globalpost.com/dispatch/news/yonhap-news-agency/131211/park-promises-strengthen-financing-innovative-startups <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Yonhap News Agency </div> </div> </div> <!--paging_filter--><p>SEOUL, Dec. 12 (Yonhap) -- President Park Geun-hye said Thursday the government will strengthen efforts to provide financing support for innovative startups, stressing that financing is key to embodying their ideas into business reality.</p> <p>Park also said the government will boldly remove or ease regulations that prevent startups from moving forward with their business ideas, as she spoke during the opening ceremony for a fair at COEX organized to promote the awareness of her "creative economy" campaign.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://english.yonhapnews.co.kr" class="button wire yonhap"></a></p> <p>Copyright Yonhap News Agency, 2013. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.</p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/yonhap-news-agency/131211/park-promises-strengthen-financing-innovative-startups" target="_blank">read more</a></p> Creativity Cultural economics Design Park Geun-Hye Yonhap News Agency Thu, 12 Dec 2013 03:07:54 +0000 Yonhap News Agency 6017831 at http://www.globalpost.com Detroit awaits Christie's recommendations on alternatives to art sale http://www.globalpost.com/dispatch/news/the-canadian-press/131216/detroit-awaits-christies-recommendations-alternatives-art-sa <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> The Canadian Press </div> </div> </div> <!--paging_filter--><p>DETROIT - Detroit may have to rely on the generosity of strangers to keep its impressive art collection that was amassed with taxpayer dollars in better times.</p> <p>The bankrupt city is expected to learn this week the value of roughly 2,800 of its pieces at the Detroit Institute of Arts when New York auction house Christie's delivers its final report to Kevin Orr, the state-appointed emergency manager who currently runs the Motor City's finances.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.globalpost.com/terms-use#cp">Copyright 2013 Canadian Press.</a></p> <p>All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.</p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/the-canadian-press/131216/detroit-awaits-christies-recommendations-alternatives-art-sa" target="_blank">read more</a></p> Business Cultural economics Education Geography of Michigan Health Labor Law Metro Detroit Politics Social Issues Technology The Canadian Press Mon, 16 Dec 2013 07:53:17 +0000 The Canadian Press 6021298 at http://www.globalpost.com