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ARTS INVESTMENT NEWS - February 2012

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Arts Council England to 'embed' sustainability into funding. Attractions Management, 29 Feb 2012

 

European Union Demands That Germany End Its Special Treatment of Art. ArtInfo, 29 Feb 2012

 

Qatar was the world’s biggest buyer in the art market by value last year. New York Times, 29 Feb 2012

 

The World’s Strongest Economy? The Global Art MarketForbes, 29 Feb 2012

 

Cargill Heiress Leaves $6 Billion to Support Art, Animal Rights. Bloomberg, 28 Feb 2012

 

Companies give less, individuals more to arts in UKReuters UK, 28 Feb 2012

 

President of Islamabad’s Chamber of Commerce and Industry says cultural festivals and exhibitions could put Pakistan’s economy back on track. International News Network, Feb 2012

 

Benchmarking: How to put the arts sector's data to workThe arts sector is undergoing significant change, both in the levels of its public fundingand in its business models and approaches to earned income. The Guardian (blog), 28 Feb 2012

 

China’s cultural industry is expected to see an annual growth rate of over 20 percent between 2012 – 2015. CRIEnglish.com/Xinhua, 28 Feb 2012

 

China's 1st Art & Financial Trading Centre to settle in Xiamen. What’sonXiamen, 27 Feb 2012

 

Artists' resale right extended to heirs. International Law Office, 27 Feb 2012

 

Artprice's Annual Art Market Report 2011. Art Sales at Their Best. MarketWatch, 27 Feb 2012

 

Arts-specific investment fund in UK prepares for pilot. CivilSociety.co.uk, 26 Feb 2012

 

Nigeria and Trinidad cooperate to improve cultural carnivals. Tribune Nigeria, 26 Feb 2012

 

Philippine film industry struggles to get out of slump. Middle East North Africa Financial Network, 25 Feb 2012

 

Singapore’s new funding scheme for schools to carry out arts development projects. Channelnewsasia, 25 Feb 2012

 

Newly launched Indonesian Fashion Week 2012 part of a road map intended to turn Indonesia into an international fashion hub.  The Jakarta Post, 24 Feb 2012

 

'The sky is rising' for the entertainment industry. Wired.co.uk, 23 Feb 2012

 

Carnival Puts Some Samba in Brazil's Economy. Bloomberg, 23 Feb 2012

 

How to remove the risk from creative enterprise. Marketing Week, 23 Feb 2012

 

Business Strategies for the Creative Economy. Huffington Post, 23 Feb 2012

 

Dubai welcomes the Middle East’s first design fair. Newzy, 23 Feb 2012

 

Korea’s Asian Cinema Fund 2012 seeks to help indie filmmakers. GMA Network, 22 Feb 2012

 

Charles Saatchi's best recent investments. The Telegraph, 20 Feb 2012

 

Can creativity save the business world? Guardian (blog), 20 Feb 2012

 

U.S.-Chinese film pact opens up China film market to more players. Onscreenasia.com, 20 Feb 2012

 

Funding the arts: The end of a golden age of state subsidies heralds a new era of tighter management and creative fund-raising. The Economist, 18 Feb 2012

 

Japanese designers foray into Indian markets. The Times of India, 18 Feb 2012

 

Investing in art remains solid. Gulf news, 18 Feb 2012

 

Creative Industries provide growth opportunities for Mexico. (in Spanish), Cienciay Tecnologia, 18 Feb 2012

London fashion week displays its global credentials. Resurgent fashion week's goal is to turn critical success into commercial growth. The Guardian, 17 Feb 2012

 

The Art Market: The Quick and the Dead. Financial Times, 17 Feb 2012

 

The Passion Continues -- Art Sales Soar in London. Forbes, 17 Feb 2012

 

Indonesia, Netherlands give priority on cultural ties, ambassador says. MCOT.net, 17 Feb 2012

 

Business and Arts South Africa works with southern African arts bodies to build sustainability in the region. Bizcommunity.com, 17 Feb 2012

 

China’s 12th Five-Year Program (2011-2015) on Cultural Reform and Development stressed promoting development of cultural industries and increasing the country's influence in new media. ChinaDaily.com.cn, 16 Feb 2012

 

Online Giving to Nonprofits Grew 13 Percent in 2011. Virtual Strategy Magazine, 16 Feb 2012

 

UK survey confirmed strong position of craft within the wider context of the creative industries.  Creativeboom.co.uk, 16 Feb 2012

 

As the crisis bites on cultural budgets, artists and political leaders must work towards greater integration of culture in future EU policies and budgetary orientations, argues a high-level group of European artists. EurActive.com, 16 Feb 2012

 

Four months after de-funding UNESCO, State Department wants to put the money back. Fox News, 16 Feb 2012

 

Growth in digital music revenue helps music industry in difficult times. Thinkbroadband.com, 16 Feb 2012

 

Should artists confront their dependence on the one percent? NPQ, 14 Feb 2012

 

EC Culture Minister keen for budget boost. Screen Daily, 14 Feb 2012

 

The venture capital revolution: Will Kickstarter , a popular culture fundraising site, change the world'? The Week, 15 Feb 2012

 

Obama's 2013 budget calls for 5% increase for arts and culture. Los Angeles Times, 14 Feb 2012

 

Museum Mergers: How have they fared? Cincinnati.com, 14 Feb 2012

 

Arts Philanthropist Adrienne Arsht celebrates 70th birthday. Bloomberg, 14 Feb 2012

 

Where Is the Art Market Heading? The 20th Century. ARTINFO, 13 Feb 2012

 

Korea Becomes a Nation of Cultural Exports. Industry and Technology Times, 13 Feb 2012

 

A smarter approach to charity. EFinancial News, 13 Feb 2012

 

Asian cities vie for 'cultural' status - integration of economic and cultural activity as a strategy of urban regeneration. The Standard, Hong Kong, 13 Feb 2012

 

Japan’s Ministry of Economy, Trade, and Industry (METI) believes that following a global strategy called “Cool Japan” will keep Japan’s design heritage and its creative industries on the forefront of the global cultural stage.  Smart Planet, 11 Feb 2012

 

New super agency for tourism and culture for Abu Dhabi to develop local heritage as pivot of tourism development. Khaleej Times, 10 Feb 2012

 

Afghanistan's Cultural Riches Threatened By Mineral Wealth. Radio Free Europe, 08 Feb 2012

 

The boom of the Turkish art marketCNN, 08 Feb 2012

 

Korean-Saudi cultural ties tighten. The Korea Times, 08 Feb 2012

 

Why Picasso is Attractive for First-Time Art Buyers...And Auctioneers. Spear’s Wealth Management Survey, Feb 2012

 

Securing Our Future: Investment in the Arts Not a Handout. Huffington Post (blog), 08 Feb 2012

 

Key problems for the capital operation of China's film industryIn China's film industry, about 90% financial support comes from self-investment, 70% from governmental input and only 2% from social investment. China Daily, 08 Feb 2012

 

The Chinese government is to make a push into Hollywood with the launch of a new film fund of 800m USD. The focus of the film fund will be to co-finance and co-produce the projects which have large box office potential in the world marketplace including China. China.org.cn, 08 Feb 2012

 

There's a fine art in making money for rich. The Sydney Morning Herald, 07 Feb 2012

 

How to Make Investments in High Fashion. CNBC, 07 Feb 2012

 

Art funding program sparks controversy in Chile. The Santiago Times, 07 Feb 2012

 

Ascension Media Group is to launch a seed enterprise investment scheme (SEIS) investing in the creative and digital technology sectors. Fundweb, 06 Feb 2012

 

Korea’s cultural exports draw $800 million in 2011. The Korea Herald, 06 Feb 2012

 

America’s top 50 philanthropists include 12 arts donors. The Los Angeles Times, 06 Feb 2012

 

BMW AG’s ongoing cultural support program for Chinese artists. China Daily, 06 Feb 2012

 

Paul Cezanne breaks art market record. RT.com, 05 Feb 2012

 

Art of business: Expert says arts bring in $2 billion to Cobb County (Georgia, USA) each year. The Marietta Daily, 05 Feb 2012

 

The Australian fashion industry is adapting to tough times. The Australian clothing, textile and footwear industry is valued at close to $3 billion, with retail and wholesale sectors adding another $7.5 billion. The Australian, 03 Feb 2012

 

Arts workers need more training and investment, says UK government report. The Stage, 03 Feb 2012

 

Russians learning to invest smartly in art. RT.com, 03 Feb 2012

 

Top 15 highest-selling artists in 2011. China.org.cn, 03 Feb 2012

 

Are Art Funds the Right Way To Invest In Art? CNBC, 03 Feb 2012

 

Singapore, Malaysia set to co-produce more films. Nam news network, 02 Feb 2012

 

Africa: Crowdsourcing Finance for Films - Maybe Local TV Programmes Should Follow. AllAfrica.com, 02 Feb 2012

 

Off to market: why art needs commerce. The golden age of public funding in arts is over – it's time policy makers help visual artists link creativity to revenue. The Guardian, 02 Feb 2012

 

Impressive 2011 Online Art Sales on artnet AuctionsPRWeb, 02 Feb 2012

 

During meeting of the Caribbean Community (CARICOM), a roadmap for the development of Cultural Industries has been prioritised. Press.Releases.com, 01 Feb 2012

 

Investors burned by plunging stock market turn to buoyant art market. London auction house Christie's reports record sales of £3.6bn with postwar and contemporary works proving most popular. The Guardian, 01 Feb 2012

 

Investors Face Off with Australia’s Creative Industries at National Angels EventNewsmaker, 01 Feb 2012