SAINT-ROMAIN AU MONT, FRANCE - Artprice is pleased to announce its continuous alliance with the important international art fair, Art Stage Singapore, which has been extended into a mature partnership for the joint production and publishing of educational books and permanent digital data streams for major Asian art collectors and the pooling of high-value client databases to create a vital chain of additional value on the Internet (Artprice's PMN(R)) between editions of Art Stage Singapore.
This strategic alliance, materialized in 2012, is driven primarily by the two companies' respective founders and leaders: Lorenzo Rudolf, founder of Art Stage Singapore and Thierry Ehrmann, CEO and founder of Artprice.
One of our key initiatives for years has been to jointly publish art market analysis and permanent digital streams that will bring added value to major art collectors.
Asian collectors and buyers are playing an increasingly influential role in the global art market. It is the mission of Art Stage Singapore and Artprice.com to provide an insight for collectors old and new to prepare themselves for every purchase. With that intention in our mind, we publish and launch this companion guide called Collecting 101, available online:
As predicted in previous annual reports, Artprice confirms that Asia, as a whole, represents over 42% of the global art market in 2014 and will represent a minimum share of 54% to 57% by 2017.
Singapore is a cosmopolitan, dynamic and global City-State with a very high standard of living, political stability and financial strength. It also has a significant art scene, a powerful museum industry and a free port that meets the needs of the Asian art market.
According to Thierry Ehrmann, Artprice founder and CEO:
"Art Stage Singapore - which enjoys strong political support from Singapore's government in its bid to become a major reference in Asia - owes its success to its founder Lorenzo Rudolf. Lorenzo Rudolf is undoubtedly one of the top 5 global "market makers" (major players who impose their views on the Art Market). Lorenzo Rudolf's career has been impressive and faultless: from Art Basel in the 1990s, to Art Basel Miami and ShContemporary in Shanghai. Art Stage Singapore is the fruit of an intelligent and intimate knowledge of the global art market and especially the Asian Art Market, where no European or American has acquired such a high level of art market expertise."
According to Lorenzo Rudolf, Art Stage Singapore founder:
"Art Stage Singapore is the leading Asian art fair connecting the world to the best of Asian contemporary art. With a deep understanding of Asia's dynamic visual arts scene, Art Stage Singapore presents the diversity of contemporary art rising from the region. At the crossroads among Southeast Asia, China, India, the Middle East, Australia and New Zealand, Art Stage Singapore is the flagship cultural event of the region and the place to experience Asian Contemporary Art at its best, as well as a top global marketplace, attracting the world's most influential private art collectors, corporate buyers and VIPs.
Presenting 158 handpicked galleries from Asian and Western countries (29) that complement each other, Art Stage Singapore promotes dialogue not only between Asia and the West but also amongst the countries of the Asian region as well. Art Stage Singapore's consistent support of Asian galleries, artists and art practices positions the Fair as the region's international voice, representing the interests of Asian contemporary art in the global arena.
With a special focus on Southeast Asian art scenes (Indonesia, the Philippines, Malaysia, Singapore, Thailand, Vietnam, Cambodia, Laos and Myanmar), Art Stage Singapore presents the largest international showcases of Southeast Asian contemporary art to date. Art Stage Singapore is not only the 'agora' or forum for the galleries and collectors but also the rendezvous point for collectors, artists, curators and gallerists. It facilitates and encourages discourse on Asia's contemporary art scenes, and brings art specialists and enthusiasts together, under one roof."
Artprice - global leader in art market information - supports and validates the highly sophisticated strategy of Art Stage Singapore and its director Lorenzo Rudolf.
Singapore is considered the Switzerland of Asia, a hub for private wealth management with very strong State support for culture. In terms of cultural dialogue and new artistic media, Singapore is destined to become the center of the elitist segment of the Asia art market.
For Art Stage Singapore, the alliance with Artprice solves problems related to the calendar of global art fairs while for Artprice it provides a physical presence and an opportunity to irrigate the powerful and discrete networks behind the major Asian collectors.
Artprice is the global leader in art price and art index databanks. It has over 30 million indices and auction results covering more than 570,000 artists around the world. Artprice Images(R) gives unlimited access to the largest Art Market resource in the world: a library of 108 million images or prints of artworks from the year 1700 to the present day, along with comments by Artprice's art historians.
Artprice permanently enriches its databanks with information from 4,500 auctioneers and it publishes a constant flow of art market trends for the world's principal news agencies and approximately 7,200 international press publications. For its 3,600,000 members (members log in), Artprice gives access to ads posted by members. This space represents the world's leading Standardised Marketplace(R) for buying and selling art. These sales take place under two systems: either fixed price sales or auction-sales (regulated by paragraphs 2 and 3 of Article L 321.3 of the French Code of Commerce).
Artprice is listed on the Euronext Paris SRD L.O. (Euroclear: 7478 - Bloomberg: PRC - Reuters: ARTF)
The 2013/2014 Contemporary Art Market Report is now online:
Discover the Alchemy and the universe of Artprice http://web.artprice.com/video, which headquarters are the famous Museum of Contemporary Art, the Abode of Chaos
e-mail: [email protected]
Press release (PDF): http://hugin.info/155852/R/1887835/667916.pdf
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Source: Artprice via Globenewswire