Economics

US museums capitalise on baby boomers’ desire to write big cheques

“Quietly does it” pays off as fundraising is put on a fast track, with Houston’s millionaires in a particularly generous mood

Published online: 19 February 2015

Recently published

Art world connections begin to emerge from HSBC leaks

Worldwide investigation into Swiss bank accounts looks into wrongdoing and lax controls

Published online: 11 February 2015

Met can charge admission, judge rules—even if it’s just a penny

New York’s Supreme Court dismisses claims against museum’s "recommended" entrance fee

Published online: 09 February 2015

New York leans to the left under mayor’s plans for art

De Blasio focuses on diversity, social value and access for all

Published online: 05 February 2015

Met’s $250m bond offering to fund expansion

Moody’s gives museum’s debt a AAA rating due to “favorable cash flow”

Published online: 21 January 2015

Artists fight for fair pay

Campaigns in the US and UK want creators to be compensated for exhibitions and productions

Published online: 21 January 2015

 

Californian art world protests LA Times reporter layoff

In a heartwarming show of solidarity, the heads of 15 museums in California have rallied behind the art reporter at the Los Angeles...

 

It's tough in the middle for New York, ABMB 2013

While it's a good time to be at the very top or at the emerging end of the market, the middle tier of galleries and artists are feeling the squeeze. We ask New York's dealers and directors what are the alternatives to the mega gallery system?