\n<\/p>\n
NEW YORK, US \/ BERLIN, GERMANY – EQS Newswire – 17 January 2022 –\u00a0<\/i><\/b>Artnet
\nAG, the leading platform for art market data and media, and the global
\nmarketplace for fine art will deploy more resources to further develop its
\nAI-supported analytics and business intelligence products. The development of
\npredictive technologies will be instrumental for data-driven decision making, especially
\nin terms of art secured lending, fractionalization, and other financial
\nproducts.<\/p>\n
Over the past few years, and especially in the wake of the pandemic, art has
\nrapidly developed into a viable alternative asset. With over $14 Billion worth
\nof fine art sold at auction last year, a hefty increase in comparison to the
\n$10.1 Billion 2020 total sales, more and more family offices, collectors, and
\nbanks are turning to Fine Art as a viable investment.<\/p>\n
The Artnet Business Intelligence team can reveal that especially Post War and
\nContemporary Art are showing strong returns, with data suggesting growth in
\nline with the S&P500. Modern Art and Impressionist Art are on a steady
\nupwards trajectory. Old Master paintings are experiencing more tepid growth.<\/p>\n
The top 10 performing artists over the past year, according to Artnet’s
\nDatabase, were Pablo Picasso ($657 Million), Jean-Michel Basquiat ($414
\nMillion), Andy Warhol ($341 Million), Claude Monet ($305 Million), Vincent van
\nGogh ($235 Million), Gerhard Richter ($225 Million), Banksy ($201 Million), Cy
\nTwombly ($181 Million), Zhang Daqian ($160 Million), and Yayoi Kusama ($146
\nMillion). The NFT breakout artist Beeple is among the top 20 highest grossing
\nartists of 2021.<\/p>\n
Artnet ended the year 2021 as its strongest performance ever. A pioneering
\nforce in the digitization of the art industry, Artnet’s global, highly-curated,
\nand data-driven platform has been critical in supporting the continued growth
\nof the art market.<\/p>\n
For more exclusive insights, subscribe to Artnet News Pro, which provides Learn more and sign up: https:\/\/news.artnet.com\/subscribe<\/a> <\/p>\n Further Investor-relations related news and publications can be found here: Post-War and Contemporary Art show strongest growth Price development highlights Fine Art’s attractiveness as alternative asset Pablo Picasso, Jean-Michel Basquiat, Andy Warhol most expensive artists in 2021 More than $14 Billion worth of art sold at auction in 2021 Artnet developing AI-supported analytics and predictive technology NEW YORK, US \/ BERLIN, GERMANY – EQS Newswire …<\/p>\n","protected":false},"author":1,"featured_media":19981,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/19980"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=19980"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/19980\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/19981"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=19980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=19980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=19980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nmembers with decision-driving intelligence about the latest developments in the
\nglobal art market, from exclusive news and data reports to opinion from our
\nacclaimed columnists.<\/span><\/p>\n
http:\/\/www.artnet.com\/investor-relations\/<\/a><\/p>\n<\/p><\/div>\n\n
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