The Ultra-Contemporary Art Market: A Theater of Emotion and Capital

In 2024, the Ultra-Contemporary art market—focusing on works created by emerging artists within the past two decades—underwent a dramatic transformation, shifting from frenzied expansion to notable contraction. Once heralded as a symbol of cultural liberation and market democratization, this sector represented the vibrant, political, and digitally attuned sensibilities of a younger generation. It seemed to … Continue reading The Ultra-Contemporary Art Market: A Theater of Emotion and Capital →

How Government Cash Keeps the Art World Spinning: A Look at Europe’s Subsidy Game

Introduction Art isn’t just about fancy paintings or weird sculptures hanging in galleries—it’s a real money-maker, pulling in cash while putting cities on the map and fueling tourism. But here’s the thing: the art world’s a tough place to survive. It’s risky, doesn’t always turn a quick profit, and needs a little push to keep … Continue reading How Government Cash Keeps the Art World Spinning: A Look at Europe’s Subsidy Game →

Art Economy Observation Report

Introduction: Market Dynamics and Creative Value in Crisis Frieze Los Angeles 2025 took place from February 20 to 23 at Santa Monica Airport, bringing together 97 galleries from 20 countries, maintaining the same scale as the previous year. Yet, in the wake of devastating wildfires in Los Angeles, this edition transcended its role as a … Continue reading Art Economy Observation Report →