November 19th, 2014
The art market continued its upward climb last week with unprecedented results at the New York auctions. But when Jasper Johns's Flag (1983) makes a record $36 million at Sotheby's (see "Rothko Reels In $45 Million at Sotheby's $343.6 Million Contemporary Evening Sale") or Peter Doig's Pine House (Rooms for Rent) (1994) fetches $18 million (also a record), at Christie's (see "Epic Christie's $852.9 Million Blockbuster Contemporary Art Sale Is the Highest Ever"), it may not necessarily be good news for all. In a recent interview with German magazine Monopol, Allianz's art insurance chief Georg von Gumppenberg suggests that the ever-rising art market is putting a damper on the quality of art most museums are able to show.
“Why?” you may ask. The answer is: insurance costs.
November 19th, 2014
What does it take to become a world-class art collector? These days, you need to build not only a great collection, but a great museum to house it in. Over the past few years, a rash of art-loving billionaires have dedicated themselves, or their foundations, to the construction of spectacular new venues to show off their finest acquisitions.
The trend began in earnest in 2006, when the French billionaire François Pinault, the primary shareholder of the luxury conglomerate now called Kering, converted an 18th-century Venetian palace, the Palazzo Grassi, into a showplace for contemporary art. The site has since added two other structures, Punta della Dogana and the Teatrino, both designed by the Japanese architect Tadao Ando. Meanwhile, Bernard Arnault, the richest man in France and the chairman of the luxury conglomerate LVMH, was busy developing his own idea for a museum, which finally arrived last month, in Paris, in the form of Frank Gehry’s glass-paneled Fondation Louis Vuitton.
November 16th, 2014
Software is no longer limited to computers, tablets, and phones. Everyday objects from sneakers to refrigerators contain software, which often allow our apparel and appliances to communicate with mobile devices, the internet, and each other. As all of our possessions become “smart,” they are also becoming subject to laws that were never intended to regulate our morning cup of coffee or trip to the gym.
Last week, the US Copyright Office received petitions from consumers, company owners, and educators who believe that their lives and livelihoods are suffering because of the 1998 Digital Millennium Copyright Act (the DMCA). And for the first time, the majority of petitions asking for exemptions to the DMCA have nothing at all to do with the original intent of the antipiracy law. We have entered a world that legislators had not envisioned when they drafted the DMCA, and the Copyright Office has to decide how to apply an aging policy in a new century.
November 5th, 2014
Artists, such as musicians and authors, receive royalties each time their artistic works are used or sold. Hear a song on the radio and you know that its creator will receive a check for its use. That is not always true for visual artists. How often has the astute art patron bought an artist’s early work, which they later sell for many times the price? The artist may have a copyright in the work but not in the resale of the original. Well, that might be changing. The Copyright Office has just issued a comprehensive report, “Resale Royalties: An Updated Analysis,” which proposes legal changes to copyright laws that will allow visual artists to receive royalties every time their original work is resold.
The copyright Office proposes a change to copyright laws that will allow visual artists to receive royalties every time their original art is sold.
November 5th, 2014
By Steve Schlackman
It may be surprising to receive a free licensing agreement from an attorney but we think it is so important that we had to do it. Let’s start with a hypothetical scenario.
A Story About Latte Art
Janet recently opened a local coffee shop, called “The Grind,”. She then hires you as a photographer to shoot the new store and the unique Latte Art that has been drawing customers throughout the area. The photos will be used strictly for the Grind’s website. You complete the shoot, invoice Janet and are paid for the work. Six months pass. You are reading Wired magazine and see an article on a new coffee machine called “CoffeeArt”, which creates cool foam patterns automatically. On the product packaging, you see your unmistakable photographs from The Grind, with their telltale signature Latte Foam Art. You call Janet immediately.
Janet says, “Yeah, pretty cool right? That company was started by a friend of mine and I gave him those pictures for the product packaging.” You tell her she had no right to do that but she says that she bought the photos so they are hers to do with what she wants. You then contact CoffeeArt and tell them they are using your photos without permission and ask them to pay you for the use of the photos. CoffeeArt asks you to contact their attorney.
November 5th, 2014
Artist’s rights in their street art, whether commissioned or guerrilla, has been in the news with some frequency lately, largely due to suits against American Eagle and Terry Gilliam. The slippery nature of copyright law has left many wondering where to draw the line between taking a photograph with street art in the background and taking a photo that infringes on a copyright. Unfortunately, there are no easy answers. As we have pointed out before, artwork used without permission may not be considered an infringement. Rather, unauthorized use exists on a spectrum with clear infringement on one end and fair use on the other.
Source: Megan Ralstin - Art Law Journal
November 2nd, 2014
A new generation of Colombian artists and curators are benefiting from international exposure as the country’s political crisis recedes; art galleries, foundations and collectors are growing in numbers while its national economy flourishes. Hans Ulrich Obrist called this change the “Colombian milagro [miracle]” during an Art Basel Miami Beach talk back in December 2013.
The annual art fair in Bogotá, Artbo (24-27 October), launched ten years ago by the Bogotá Chamber of Commerce, has played a crucial role in galvanising Colombia’s art scene.
The fair has gained momentum since Maria Paz Gaviria, an art historian and daughter of a former Colombian president, took over three years ago. Gallery applications for the fair increased by 30% this year, Gaviria says. But one key ingredient of the fair’s success, she explains, is that it has frozen its size while offering a platform for new international art galleries and emerging talents. Only 20% of the 65 galleries in its main section are from Colombia, and while they tend to showcase Latin American artists, the fair features galleries from 30 different cities. Artbo offers a balance between veterans like Galeria Luisa Strina from São Paulo, Leon Tovar from New York and Ruth Benzacar from Buenos Aires, and young art galleries like Revolver from Lima, Mor-Charpentier from Paris, and Diablo Rosso from Panama City...
Jorge Pérez, of the Pérez Art Museum, Miami (Pamm), attended the fair this year and told the Colombian newspaper El Tiempo that, “Colombia has the best young artists in the world today”.
October 10th, 2014
An artist needs a certain amount of turmoil and confusion.
Joni Mitchell - In her own words - Conversations with Malka Maron
It’s paradoxical that while “art holds out the promise of inner wholeness” for those who experience it, the relationship between creativity and mental illness is well-documented among those who make it, as is the anguish of artists who experience it. This, perhaps, renders the cultivation and preservation of mental health all the more urgently important for artists and those operating on a high frequency of creativity.
Eight-time Grammy recipient Joni Mitchell (b. November 7, 1943), undoubtedly one of the most original and influential musicians of the past century, as well as an enormously talented painter, speaks to the value of therapy and a commitment to mental health in Joni Mitchell: In Her Own Words (public library) — that wonderful collection of wide-ranging conversations by musician, documentarian, and broadcast journalist Malka Marom, which also gave us Mitchell on freedom, creativity, and the dark side of success.
February 3rd, 2014
Thanks to our Fellow Artist Barney Davey and his fine Magazine http://artprintissues.com/ I stumbled upon this very important article about Bitcoin.
How it may affect the Art World, How can We Artists Benefit, etc.
Very important points that I decided to share with You on his behalf.
Hope you enjoy and find Lots of Benefits from it. After All the more Informed We are the More Successful We Can Become.
December 25th, 2013
Art is a Gift that lasts forever. It is an Investment if you happen to find works from an Emerging Artist.
❝ Buying emerging art is the equivalent of investing in frontier market equities. Rather than buying the global names that appear in the big auctions of the best galleries, you invest in the artistic equivalent of Mongolia or Cambodia: the young artists coming out of MA programmes.❞
David Stevenson - The Financial Times