Will Bloomberg’s and Obama’s plans to increase taxes for people above the middle-middle class result some galleries, artists and collectors moving to other countries? Will there be repercussions of Obama’s election on the art market, especially in America? Can the USA and NYC retain its place at the center of the art world?
The art market bubble of the last few years has been threatened – or at least put on hold – due to the current crisis in the world’s financial markets.
Art museum blockbuster hits are now as common as other venues that sell tickets, such as film concerts and theatre. Ticket sales define the blockbuster’s success.
Blockbuster museum shows are a recent development, considering the length of the history of art. It all began in 1976 when the King Tut exhibit drew more than 8 million people to The Metropolitan Museum of Art. Thomas Hoving, the Met’s museum director at the time, is credited for this innovation. Hoving publicly says that “It’s not true “I stole the idea from the Europeans. But I’ll say it was my idea.”
Thomas Hoving has a special knack for recognizing a good thing, especially when it comes to art. He continued launching blockbuster style shows and changed art museums forever.
Who Owns Art?
While ownership is clearly defined for most property, […]
Read MoreWill Obama Change the Art Market?
Will Bloomberg’s and Obama’s plans to increase taxes for people above the middle-middle class result some galleries, artists and collectors moving to other countries? Will there be repercussions of Obama’s election on the art market, especially in America? Can the USA and NYC retain its place at the center of the art world?
Read MoreArt Market Crisis Looming?
The art market bubble of the last few years has been threatened – or at least put on hold – due to the current crisis in the world’s financial markets.
Read MoreWho is Impacted When an Art Museum Show is a Blockbuster Hit?
Art museum blockbuster hits are now as common as other venues that sell tickets, such as film concerts and theatre. Ticket sales define the blockbuster’s success.
Blockbuster museum shows are a recent development, considering the length of the history of art. It all began in 1976 when the King Tut exhibit drew more than 8 million people to The Metropolitan Museum of Art. Thomas Hoving, the Met’s museum director at the time, is credited for this innovation. Hoving publicly says that “It’s not true “I stole the idea from the Europeans. But I’ll say it was my idea.”
Thomas Hoving has a special knack for recognizing a good thing, especially when it comes to art. He continued launching blockbuster style shows and changed art museums forever.
Read More