Art Industry Insights With Reena Devi

  • Art Fairs From Frieze To Basel Make Moves To Stay Afloat But At What Cost?

    It is an observable fact that financial sustainability is a major concern for art fairs this year due to numerous cancellations and postponements that wiped the international art fair calendar clean in the face of a global pandemic. Even mega conglomerate, MCH Group, the parent company of Art Basel, is not exempt from financial woes.…

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  • Mongolia’s Contemporary Art Could Be What We Need Right Now

    Performance, land and digital art are some of the diverse aspects of Mongolian contemporary art heavily influenced by shamanic rituals, religious myths and indigenous cultures specic to the country and beyond. Embattled by the current pandemic and ongoing ecological crisis, this could be the kind of art the world needs right now.

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  • Why Museums From The Louvre To The Guggenheim Are Facing A Reckoning

    With public museums in France, UK and even parts of the US reopening in July, their most pressing issue might be more than just about recouping tremendous financial losses incurred during the lockdown. A survey reportedly conducted this month in the UK indicated that 49% of the public are “not very comfortable” or “not at all comfortable” with…

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  • Art Basel OVR And Why The Art World Needs To Simplify

    Over the past year, there is an increasing split in the way we perceive our current existence, emphasized by the ongoing global pandemic coupled with deep social fragmentation and unrest. The art world is not immune to this phenomenon and this was never more apparent than during one of its most important events of the…

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  • Why Is Art Financing On The Rise Now?

    In January this year, when Brexit was the major development setting the art market on edge, wealthy art collectors were reportedly most concerned about whether they could still move their art, what paperwork would be required, and would there be additional taxes or duties if they wanted to move art from the UK to Europe after the…

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