News and announcemnets from art market’s pioneering analysts. Here’s what’s on our mind.
New York Times: Art for Money's Sake
"Largely hidden from public view, an ecosystem of service providers has blossomed as Wall Street-style investors and other new buyers have entered the market. These service companies, profiting on the heavy volume of deals while helping more deals take place, include not only art handlers and advisers but also tech start-ups like ArtRank. A sort of Jim Cramer for the fine arts, ArtRank uses an algorithm to place emerging artists into buckets including “buy now,” “sell now” and “liquidate.”"
Read the whole story by Will Alden in The New York Times