Arttactic

In this week's episode of the ArtTactic Podcast, we're joined by Bimpe Nkontchou, founder & managing principal of W8 Advisory, a multi-family office and wealth management practice, based in London, focused on high net worth African families. First, we ask Bimpe why there is suddenly increased focus on the contemporary African art scene. Then, she tells us if African high net worth families are viewing contemporary African art as an alternative asset class. Also, Bimpe shares if Africans are beginning to collect art in response to the increased popularity of contemporary African art. Additionally, she explains how vital art patronage is to the African art community as well as the important role established African artists are playing to ensure that emerging artists can develop their practices and careers.

In this week's episode of the ArtTactic Podcast, we chat with Ochuko Ojiri, founder of Ramp Gallery, a London-based gallery specializing in emerging and contemporary artists. First, Chuko updates us on the lockdown in London and how it is impacting galleries. Then, he tells us how the gallery has been able to find success despite opening just a few months before the pandemic started. Also, Chuko shares how younger artists have managed through the pandemic, explains the positive impact of Instagram on both his gallery and his artists and offers advice to emerging artists who are just beginning their careers.

In this week's episode of the ArtTactic Podcast, we chat with Matty Soudagar, who runs a prominent blog, DCL Blogger, focused on investing in NFTs and digital art. First, Matty explains what non-fungible token(NFT for short) means and what is a digital artwork. Then, he shares to what extent digital art collectors display the art in their homes versus investors who are purely motivated by financial motives. Next, Matty reveals how seamless it is to buy and sell NFTs on the blockchain. Also, Matty tells us if the significant volatility of cryptocurrencies makes it difficult to purchase digital artworks with them. Additionally, he identifies some of the leading digital artists at the moment as well as some of the most popular marketplaces to browse and purchase artworks.

In this edition of Behind The Report, Adam Green previews our NextGen Artist Monitor report on Lynette Yiadom-Boakye, in which we take a look at different aspects of her market and career including her lengthy institutional support as well as her market.

In this week's edition of the ArtTactic Podcast, Rachel Bers, director of the grant making program at The Andy Warhol Foundation for the Visual Arts. First, Rachel shares the history of the foundation and the motivation for Andy Warhol founding it upon his death. Then, she explains the different types of grants the foundation gives to arts organizations. Also, Rachel tells us how the foundation's granting activities have changed in response to the pandemic.

In this week's episode of the ArtTactic Podcast, Scott Reyburn, art market journalist who frequently writes in The New York Times and The Art Newspaper, joins us to discuss the red chip art phenomenon, a new term he coined to describe the art by younger artists that have appeared at auction selling for staggering amounts. First, Scott tells us about the term he coined and the corresponding phenomenon happening at auction. Then, Scott identifies some of the noticeable differences between this current art market cycle and previous ones. Also, he discusses the role that Instagram is playing in the art market to push demand and prices for art by emerging artists. Further, Scott explains why the current market has some questioning art as an alternative asset and shares if insiders believe this current trend will continue for the next few years.

In this week's edition of the ArtTactic Podcast, Zachary Small, contributor at The New York Times, joins us to discuss looming increased regulations in the US antiquities market. First, Zachary tells us about the National Defense Authorization Act passed by US Congress which includes new regulations for the antiquities market. Then, he reveals how much push back there has been from the art trade, who generally prefer a more opaque marketplace. Also, Zachary shares if the extent of illicit sales of antiquities is truly known. Finally, he offers a timeline for when the regulations may be implemented.

In this end of year episode of the ArtTactic Podcast, we're joined by Nate Freeman, Senior Art Business Reporter at Artnet. First, Nate shares his top storylines of the art market in 2020. Then, he identifies Avery Singer, Nicolas Party, Harold Ancart, Titus Kaphar, Simone Leigh, Amoako Boafo and Matthew Wong as the biggest artist market winners of the past year. Also, Nate reveals which segment of the market was the weakest this past year. Lastly, Nate shares a bold prediction for the art market in 2021.

In this week's episode of the ArtTactic Podcast, art market reporter Katya Kazakina joins us to recap last week's major contemporary auctions. First, Katya discusses the incredible high prices achieved during the auctions by several younger and mid-career artists and why it has prompted talk of a bubble in the contemporary art market. Then, she touches on museums' interest in artists of color and female artists and how that is impacting demand for their work on the primary and secondary market. Katya has also been monitoring the significantly high number of deaccessioning occurring at museums during the pandemic and explains why some incidents have been more controversial than others. Finally, as the year is winding down and we look ahead to 2021, Katya gives us a sense of what peoples' expectations for the art market are moving forward.

In this edition of Behind The Report, Adam Green previews our latest Contemporary Art Market Confidence Report in which our findings reveal a v-shaped recovery in the art market.

In this week's edition of the ArtTactic Podcast, Mary McCauley, arts report for The Baltimore Sun, joins us to discuss the Baltimore Museum of Art's controversial attempt to deaccession three paintings from the museum's permanent collection. First, Mary tells us about the paintings by Andy Warhol, Brice Marden and Clyfford Still and their history with the museum's collection. Then, she reveals what the museum's motivation was to sell the paintings and why they ultimately decided against it. Also, she speculates why the museum received such intense scrutiny while other museums haven't. Lastly, Mary tells us how the residents of Baltimore felt about the museum's controversial decision.

In this week's episode of the ArtTactic Podcast, we chat with Susan J. Mumford, CEO and co-founder of ArtAML, a technology company that provides anti-money laundering checks and expertise for the art market. First, Susan explains what anti-money laundering is and details the new major AML regulation in Europe that is starting to impact the art world. Then, she walk us through how art transactions are changing as a result of the new regulations. Also, Susan explains how ArtAML's tools make it easier for businesses to comply with AML regulations. Further, Susan tells us about the extent of regulations outside of Europe and art markets in other regions are following certain AML practices.

In this week's episode of the ArtTactic Podcast, Reena Davi, arts journalist and critic, joins us to discuss her recent article in CoBo Social about the lack of innovation in the art fair experience. First, Reena recaps the online art fair experience since the pandemic started and details how different fairs are approaching their online platforms. Then, she shares what motivated her to write an article on the lack of evolution of the art fair experience. Also, Reena explains why she believes the online art fairs actually reveal a larger problem pertaining to art fairs. Further, Reena identifies some of the reasons why we haven't seen major progress in the art fair experience in a long time. Lastly, she looks ahead to the future of art fairs and if she expects more of the same or real innovation.

In this edition of Behind The Report, Adam Green previews our brand new series of reports, Then & Now, that will explore how different artist groups or movements from the past are faring in today’s auction market. In this first edition of the series, we look at the group of Young British Artists (YBAs) who emerged during the 1990s and in particular, those artists that participated in the infamous Sensation exhibition at the Royal Academy of Arts in 1997. This includes Damien Hirst, Jenny Saville, Chris Ofili, Tracey Emin, Glenn Brown, Marc Quinn, Sarah Lucas and many others.

In this week's edition of the ArtTactic Podcast, Laura Hoptman, executive director at The Drawing Center, joins us to discuss how she has managed the museum throughout the pandemic. First, Laura introduces us to The Drawing Center, including the museum's history and mission. Then, she describes what it was like to have the museum close abruptly due to the pandemic and how she managed the museum throughout COVID. Also, Laura explains how the museum was able to continue to interact with visitors despite being physically closed. Further, Laura addresses how The Drawing Center has and is continuing to address the racial inequality discussions that have dominated society. Lastly, Laura previews their current exhibition, 100 Drawings from Now, a large group exhibition featuring drawings available for sale to raise funds for the museum.

In this week's edition of the ArtTactic Podcast, Michael Klein, head of Sotheby's Mei Moses, joins us to discuss how the art market is performing during the COVID-19 pandemic according to Sotheby's Mei Moses index. First, Michael familiarizes us with the history Mei Moses index and explains how it works. Then, he reveals that while total auction sales are down significantly during the pandemic, the art market is actually performing better than it did last year. Michael also explains why the supply of art is down more than demand for art and the ramifications of that in the short-term and long-term. Finally, Michael tells us the truth about the trend of new millennial art collectors.

In this week's edition of the ArtTactic Podcast we chat with Thomas Girst, global head of BMW Group Cultural Engagement. First, Thomas discusses the history of BMW's extensive cultural engagement in the visual arts. Then, he shares how BMW Group Cultural Engagement has been impacted by the COVID pandemic. Also, Thomas reveals why we will unfortunately see less support of the visual arts from companies as a result of this crisis. Additionally, Thomas explains how he measures the success of the initiatives he spearheads at BMW. Finally, he offers advice for cultural organizations seeking corporate engagement.

In this edition of Behind The Report, Adam Green previews our Artist Market Report on George Condo in which we take a look at different aspects of his market and career including the term he coined Artificial Realism, his exhibition and institutional history, as well as an in-depth look at every aspect of his auction market.

In this week's episode of the ArtTactic Podcast, Evan Beard, National Art Service Executive at Bank of America Private Bank, updates us on the art lending space. First, Evan categorizes the different types of lenders in the art financing industry and reveals which bucket Bank of America Private Bank falls in. Then, Evan shares how the COVID-19 pandemic along with the associated economic swings have impacted art lending activities. Also, he explains why art financing is no longer a niche practice within the art world. Lastly, Evan identifies a few key challenges facing the growth of the art lending industry in the medium to long term.

In this edition of Behind The Report, Adam Green previews our RawFacts Online-Only Auction Review in which we investigate online-only auction sale trends at Sotheby's, Christie's and Phillips during the COVID pandemic and how they compare to 2019.