The Rise and Rise of the Private Art Museum
Georgina Adam
Hot Topics in the Art World
Co-published by Lund Humphries and Sotheby’s Institute of Art
English
Hardcover
117 Pages
130 x 200 mm
2021
ISBN 9781848223844
The private collector’s museum has become a phenomenon of the 21st century. There are some 400 of them around the world, and an astonishing 70% of those devoted to contemporary art were founded in the past 20 years. Although private museums have been accused of being tax-evading vanity projects or ‘tombs for trophies’, the picture is far more complex and nuanced, as art-market journalist Georgina Adam (author of best-selling Big Bucks and Dark Side of the Boom) shows in her compelling new book.
Georgina Adam’s investigation into this extraordinary proliferation, based on her recent visits to over 50 private spaces across the US, Europe, China and elsewhere, delves into the reasons behind this boom, the different motivations of collectors to display their art in public, and the various ways in which the institutions are financed. Private museums can add greatly to the cultural life of a community, giving a platform to emerging artists, supplying educational programmes and revitalising declining or neglected regions. But their relationship with public institutions can also be problematic. Should private museums step in to fill a gap left by declining public investment in culture, and what are the implications for society and the arts? At a time of crisis in the museums sector, this book is an essential and thought-provoking read.
(source: https://www.lundhumphries.com/products/the-rise-and-rise-of-the-private-art-museum)
About the Series
This new series of short, thought-provoking and sometimes controversial books will debate key issues of current relevance to art-world professionals internationally working in both the private and public sectors. The series will give wider visibility to some critical areas of professional art-world practice, considering: what are the disruptors challenging the status quo, and how is the art world likely to be transformed over the next decades as a result? The books are aimed at current arts professionals and students, while also being accessible to a non-specialist audience as well as specialists and professionals working in related fields.
Key themes will include: the global art world; art and technology; art, consumerism and entertainment; public art and private money; the changing role of the art creative; the rise of China; gender and diversity in the art world; and curating in a digital age.
(source: https://www.lundhumphries.com/collections/hot-topics-in-the-art-world)
About the Author
Georgina Adam is the former Art Market editor of The Art Newspaper, where she is now editor-at-large. She is a contributor to the Financial Times Life & Arts Section, lectures at Sotheby’s and Christie’s institutes in London and regularly participates in panels about the art market.
(source: https://www.theartnewspaper.com/authors/georgina-adam)
About the Publishers
Lund Humphries is a long-established, independent publisher of books on Art, Architecture and Design. Their books are for Visual Arts scholars, professionals, students and art enthusiasts across a wide range of specialisms.
lundhumphries.com
(source: https://www.lundhumphries.com/collections/hot-topics-in-the-art-world)
Sotheby’s Institute of Art is a private, for-profit institution of higher education devoted to the study of art and its markets with campuses in London, New York City and online. The institute offers full-time accredited master’s degrees as well as a range of postgraduate certificates, summer, semester and online courses, public programmes, and executive education. It is a subsidiary of Sotheby’s fine art dealers.
sothebysinstitute.com
(source: https://en.wikipedia.org/wiki/Sotheby’s_Institute_of_Art)
