Product Description

Drawing on the experience of Sotheby’s Institute of Art, this text exposes the realities of the commercial trade in fine art, from its structure to legal issues and wider cultural policy, and including interviews with leading experts in the field.

Product Details

• Amazon Sales Rank: #99483 in Books
• Published on: 2007-12-31
• Original language: English
• Number of items: 1
• Binding: Paperback
• 234 pages

From the Back Cover

By the time you read this book, the art world may have witnessed the sale of its first $500 million painting. Whilst for some people money is anathema to art, this is clearly a wealthy international industry, and a market with its own conventions and pressures.

Drawing on the vast experience of Sotheby’s Institute of Art, The Art Business exposes the realities of the commercial trade in fine art and antiques. Attention is devoted to the role of auction houses, commercial galleries and art museums as key institutions, with the text divided into four thematic sections:

• technical and structural elements of the art market

• cultural policy and management in art business

• regulatory legal and ethical issues in the art world

• the views, through interviews, of leading art market experts

The authors investigate how value in art is determined, its rise as an alternative investment class, and the emergence of ‘Chindia’ as a global force in both producing and dealing in art. Disputes over art works from legal and ethical standpoints are also examined, including the effects of new copyright law on the resale rights of artists, and criminal activity associated with art.

This book provides a thorough examination of contemporary issues in the art business, and the mechanisms and influences which underpin its evolution. It is essential reading for students of art history or international business, or anyone with an interest in pursuing a career in this area.

About the Author

Iain Robertson is deputy academic director and head of art business studies at Sotheby's Institute of Art. He is an Asia correspondent for the international edition of The Art Newspaper, advisor to the Asia Art Archive, Hong Kong and honorary director of education of MOMA Beijing. His book, Understanding International Art Markets and Management, was published by Routledge in 2005.

Derrick Chong is a senior lecturer in management at Royal Holloway, University of London. He is also consultant lecturer in art business at Sotheby’s Institute of Art in London and Singapore, and a Fellow of the Royal Society of the Arts (FRSA). He wrote Arts Management, also published by Routledge, in 2002.

Customer Reviews

worth every penny
An excellent, informative collection of varied articles, all up to date and pertinent to the subject. Highly recommended