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ARTS INVESTMENT NEWS - March 2012

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London venues win nearly half of the Arts Council England £114 million refurbishment budget. The Telegraph, 30 March 2012

 

Does public funding stifle culture? A provocative call from four authors has created controversy in the cultural establishment. DW.de, 30 March 2012

 

Berlin's Struggling Artists Demand Share of the Pie. Der Spiegel, 30 March 2012

 

Drastic Cuts to Cultural Programs will Hurt Canadian Audiences and Economy. Daily News, 30 March 2012

 

What kind of Europe for the art market? Art Media Agency, 29 March 2012

 

Astor's Estate Benefits Cultural Institutions. Wall Street Journal, 28 March 2012

 

Brazil’s Unique Culture Group Stays Busy Sharing the Wealth. New York Times, 27 March 2012

 

Sultan Bin Zayed Centre for Culture and Media to present Gulf Film Festival in Abu Dhabi. AMEInfo.com, 27 March 2012

 

In Pursuit of EMI, Sony and Universal Will Sell Music-Publishing Assets. Media Decoder, 27 March 2012

 

Ten Expert Tips for Investing in the Art Market. Forbes, 26 March 2012 

 

Two new funds for the creative sector to open in UK this April. IFA Magazine, 26 March 2012

 

TDIC restarts contract bids for Abu Dhabi's Louvre. The National, 26 March 2012

 

The Art Market: Fair trade products. Financial Times, 24 March 2012

 

When it comes to art, the Brazilians know what they like... lots of it. The Independent, 24 March 2012

 

Tax relief proposals for animation, video games and high-end TV production industries in UK. eGov monitor, 22 March 2012

 

Taiwan Kicks Off Program to Enhance Global Presence of Cultural & Creative Industries. CENS.com, 22 March 2012

 

With its population shrinking and its domestic entertainment sector contracting, Japanese content creators are looking to expand internationally. The Hollywood Reporter, 21 March 2012

 

The Focus of Corporate Philanthropy – Support for the Arts to Decrease in the US. Forbes, 21 March 2012

 

How Damien Hirst tried to transform the art market. The Telegraph, 21 March 2012

 

Nigerian Tourism Minister Seeks Increased Investment in Cultural Arts. Leadership Nigeria, 21 March 2012

 

Up to £50 million made available for UK creative industries, including game developers. Tax relief starting from April 2013. PocketGamer.biz, 21 March 2012

 

Rice: UNESCO funding reduction hurts US. The Jerusalem Post, 20 March 2012

 

Globe-trotting billionaire has big ambitions for contemporary art museum. The Bellingham Herald, 19 March 2012

 

China's efforts to develop its cultural industry have attracted attention from the equity fund investors. China Daily, 19 March 2012

 

European Commission Strengthens Creative Industries in Armenia, Azerbaijan, and Georgia: Heritage Crafts – Common Platform for Development. The Messenger, 19 March 2012

 

100 Creative Businesses Join Forces to Offer 300 Job Opps to School Leavers in UK. Market Watch, 19 March 2012

 

Finance in the creative sector. Shunned by investors, creative firms are looking forward to a new tax break. The Economist, 17 March 2012

 

Culture and regeneration. The age of swanky new arts buildings draws to a close. The Economist, 17 March 2012

 

Artists, you have 42 different ways to make money. Los Angeles Times (blog), 17 March 2012

 

China becomes world's largest art, antiques market. China Daily USA, 17 March 2012

  

Macau Cinema Development Fund to be established by late 2012. Macau Daily Times, 16 March 2012

 

India’s Culture Ministry got a Rs 67 crore increase in the budget allocation for the next fiscal year. The Economic Times, 16 March 2012

 

The art market: Dollars and censors. Latest Tefaf report shows rising global value of the market while a Kuwait gallery forced to close an exhibition. Financial Times, 16 March 2012

 

Israeli Art Market on the Rise. Huffington Post (blog), 16 March 2012

 

 

Eyebrows raised as Kickstarter touts its increased funding of the arts. Public Radio International, 15 March 2012

 

Philanthropy and the arts – Australian review on private sector support for the arts. The Conversation, 13 March 2012

 

Is the Creative Economy Sustainable? Forbes, 12 March 2012 

 

China builds financing system for cultural industry. People's Daily Online, 12 March 2012 

 

Financial World Takes on Museum Funding Woes - A New Financial Exchange Where Investment-Grade Art and Valuables Are Traded to the Public in Fractional Shares. Virtual Strategy, 12 March 2012

 

The Culture Fund of Zimbabwe Trust (CFZT) has rescued the National Arts Council of Zimbabwe (NACZ) with a grant towards the National Arts Merit Awards (Nama). News Day, Zimbabwe, 12 March 2012

 

Indian media to be worth Rs1,457 billion by 2016: FICCI KPMG report. Moneylife, 12 March 2012

 

Dubai arts and culture industry set for growth. Ahram online, 11 March 2012

 

Canadian Arts Funding Revisited. Oye! Times, 11 March 2012

 

UK Arts Philanthropist Alan Grieve: Is the future of the arts in his hands?The Independent, 11 March 2012

 

Budi Tek – Cultural Philanthropist. The Hindu, 10 March 2012

 

Investment, Financing and M&A in China's Cultural Industry – Overview. Market Watch, 09 March 2012

 

Australian government report into arts financing wants to make it more enticing for the private sector to hand over cash. Herald Sun, 09 March 2012

 

On Arts Philanthropy: Occupy the Arts! Huffington Post (blog), 09 March 2012

 

Chinese company Fosun International Ltd. (656) expects 2012 investments in clothing, tourism and the cultural industries both in China and abroad to surpass 30 billion yuan ($4.8 billion). Bloomberg, 08 March 2012

 

Fuzhou to speed up creative industry construction in 2012. What’s on Xianmen, 07 March 2012

 

The commodification of the contemporary art market. Reuters (blog), 07 March 2012

 

UK Arts Bodies Are Rising to the Challenge of Tough Times. Huffington Post UK (blog), 06 March 2012

 

Music sales stage comeback; CD buyers up for second year. Market Watch, 06 March 2012

 

Taiwan’s National Development Fund (NDF) signed a memorandum of understanding with New Zealand Venture Investment Fund Ltd to establish a US$169.39 million joint fund to support the bio-technology industry and the cultural and creative industry. Taipei Times, 06 March 2012

 

£20m Media Opportunities Fund to invest in UK creative industries. The Independent, 04 March 2012

 

Tapping experts is key when clients invest in art. Investment News, 04 March 2012

 

Music titans launch New Zealand Music Foundation. Stuff.co.nz, 04 March 2012

 

The Singapore government will spend S$274 million over the next five years to develop the arts and culture scene. Channelnewsasia, 02 March 2012

 

Money laundering and the art market. Art Media Agency, 02 March 2012

 

Cool but cruel: situation of workers in UK’s creative industries. Times Higher Education, 01 March 2012

 

Forum d’Avigon Ruhr aims to link culture and business (in German). Mediabiz, Musikwoche, 01 March 2012