Art Market Podcasts

Interviews with leaders and innovators in the global art industry

Meg Maggio – Pékin Fine Arts

31 May 2013

In this edition of the ArtTactic Podcast, Meg Maggio, owner of Pekin Fine Arts, joins us from Hong Kong to discuss her experience exhibiting at this year’s Art Basel Hong Kong. First, Meg elaborates on the noticeable differences in this year’s edition of the fair, the inaugural edition under the Art Basel brand. Then, she shares her opinion on the strength of the current Chinese contemporary art market as well as how her gallery did at this year’s fair. Also, Meg elaborates on the depth of quality, emerging Chinese artists and if she believes US and European art galleries with presences in Asia are beginning to better attract Asian collectors.

Kelly Crow – Wall Street Journal

25 May 2013

In this edition of the ArtTactic Podcast, Kelly Crow, art market reporter for The Wall Street Journal, joins us to recap last week’s Post-War & Contemporary auctions in New York. First, Kelly shares the market’s reaction to the incredible prices achieved at the auctions and if the art world is confident that these price levels can continue to be seen in the near-future. Then, she addresses the unprecedented prices earned by several up-and-coming artists at Christie’s 11th Hour charity auction and if these artists’ markets should be re-calibrated to reflect these new record prices. Lastly, Kelly touches on the maturation of the Basquiat market and if the market has come to a consensus on his art historical relevance and consequently going forward his market will remain at these elevated price levels.

George Bailey – The Auction Room

8 May 2013

In this week’s episode of the ArtTactic Podcast, George Bailey, co-founder of The Auction Room, joins us to talk about his new online auction site. First, George discusses the company’s focus on the lower end of the art market, property just below the value threshold that a traditional auction house possesses. Also, he explains why The Auction Room will host Middle Eastern contemporary art sales and what opportunities exist in this emerging art market. Then, George elaborates on the advantages a small, online auction house has over larger, traditional auction houses and speculates on the future of the online art marketplace.

Shelley Fischer – Medallion Fine Art

1 May 2013

In this week’s episode of the ArtTactic Podcast, Shelley Fischer, president of Medallion Fine Art, speaks with us about their entrance into the art lending industry. First, as the number of art financing firms continues to increase, Shelley helps us differentiate the various types of lenders and explains how Medallion distinguishes itself from these other companies. Then, she illustrates the wide-ranging types of persons and companies who are actively borrowing against their art collections. Also, Shelley discusses how various economic conditions can impact the art financing landscape and she shares her predictions on the future direction of the industry.

Sebastian Cwilich – Artsy

24 April 2013

In this week’s episode of the ArtTactic Podcast, Sebastian Cwilich, President and COO of Artsy, joins us to update us on how things are going at the art e-commerce company. First, Sebastian explains one of the unique aspects of Artsy, the development and implementation of an algorithm that assesses art as well as users’ tastes through a series of aesthetic and art historical characteristics. Then, Sebastian recaps Artsy’s experience partnering with the Armory Show to exhibit works online in advance of the fair. He reveals during this partnership period, Artsy received approximately 250,000 page visits, leading to 10 million artwork impressions. Also, Sebastian tells us how things are going from a sales perspective, walks us through a hypothetical transaction on the site, details how they were able to convince established galleries to finally sell work online and speculates on the future of the online art marketplace.

Adam Fields – Artspace

12 April 2013

In this week’s episode of the ArtTactic Podcast, Adam Fields, vice president of artists and institutions at Artspace, speaks with us about Artspace and the art e-commerce industry. First, Adam touches on the company’s relationships with non-profit instutions and the process involved with selling artworks on their behalf. Also, he discusses the motivation behind Artspace’s recent acquisition of VIP Art, the first online-only art fair. Additionally, Adam discusses the diverse range of clients Artspace has attracted and he shares with us some conclusions he has reached on the keys to finding and maintaining success in this emerging industry.

Adam Fields – Artspace

12 April 2013

In this week’s episode of the ArtTactic Podcast, Adam Fields, vice president of artists and institutions at Artspace, speaks with us about Artspace and the art e-commerce industry. First, Adam touches on the company’s relationships with non-profit instutions and the process involved with selling artworks on their behalf. Also, he discusses the motivation behind Artspace’s recent acquisition of VIP Art, the first online-only art fair. Additionally, Adam discusses the diverse range of clients Artspace has attracted and he shares with us some conclusions he has reached on the keys to finding and maintaining success in this emerging industry.

Amanda Coulson & Uli Voges – Foundation

4 April 2013

In this week’s episode of the ArtTactic Podcast, we have a 3-way pod as we’re here with Amanda Coulson and Uli Voges, co-founders of Foundation, a new company offering financial products to its art gallery members including a first in the art market, the offering of factoring. First, Amanda and Uli explain how via factoring, for a small fee, Foundation provides cash advances to galleries shortly after a work has been sold and invoiced. Then, they put in perspective how prolific of an issue is liquidity struggles for galleries in the art world. Amanda and Uli also speculate why factoring hasn’t been previously offered in the art world, why factoring makes more sense for most galleries versus lending against their inventory and how galleries have responded thus far to the idea of utilizing factoring.

Noah Horowitz – The Armory Show

25 March 2013

In this week’s episode of the ArtTactic Podcast, Noah Horowitz, executive director of The Armory Show, returns to the podcast to recap this year’s edition of the fair. First, Noah discusses how exhibitors faired from a sales perspective, while also touching on what he learned about where the market is as well as how comfortable collectors continue to feel about spending money on high-priced artworks given economic conditions and the looming threat of tax increases. From an aesthetic vantage point, Noah shares with us some trends noticeable at this year’s fair from exhibiting galleries. Also, he touches on the evolving role of the art fair within the art market as well as the future of art e-commerce platforms.

 

Jeremy Eckstein & Antonia Kimbell – ArtBanc

20 March 2013

In this episode of the ArtTactic Podcast, we’re joined by ArtBanc’s Jeremy Eckstein and Antonia Kimbell, to discuss their new online art platform that brings together private collectors, trusts and estates and their professional advisors as sellers; and a select group of accredited international fine art dealers and art advisors as the buyers in this marketplace. After briefing explaining the concept of their platform, Jeremy and Antonio explain the benefits of selling on ArtBanc as opposed to an auction house, gallery or dealer. Also, they elaborate on why they restrict the group of potential buyers to dealers or advisers. Lastly, Jeremy and Antonia discuss why the art world is now ready to buy high-end art online.

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