The Art of Photography is the premiere video podcast on iTunes about everything photography related. Episodes are released 3 times a week! Every Sunday, Wednesday and Friday you can check out the latest photography shows. Ted Forbes produces episodes on diverse topics such as techniques, composition, philosophy, craft, digital photography, film, darkroom techniques and more. If you are a photographer, this is the show for you. Past episodes and additional content can be found on our website: http://theartofphotography.tv
June 28th, 2015
Episode 117 of 318 episodes
Richard Prince recently stirred up the photography/Instagram world when he controversially modified Instagram photographs as his latest work and sold them for upward of $90k a piece. Does this blow your mind? Possibly make you angry? Well get ready. In this video I’m going to give an overview of how the high-end art market works. The art market has become very attractive to investors in recent years for a variety of reasons. According to Bloomberg, this has snowballed into a global $54 Billion industry. Who are the artists? Who are the investors? How does this work? These are some of the questions I will try to answer in this video. The art market is rarely discussed in the media unless there is a lawsuit. I think that’s why its important to have this conversation. When it comes to huge money, very few of us understand how art as a business actually works.