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ARTS INVESTMENT NEWS - September 2012

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Public and Private Funding


France's tough budget: Could this spark financial war
?
 
“Culture and the arts in France, a sacred domain always generously endowed, is facing, for the first time in decades, a 4.3% cut to its annual budget”. CNN.com, 28 Sept 2012

 

Russian Billionaire Mikhail Prokhorov Donates $1 M. to Brooklyn Academy of Music for Cultural ExchangeGallerist NY.com, 28 Sept 2012

 

Delhi International Arts Festival rich in arts, low on cashIBN Live, 27 Sept 2012

 

Culture's impact on the whole of societyThe Australian, 27 Sept 2012

 

Are Cultural Olympiads good for the arts? Globe and Mail, 25 Sept 2012

 

‘A Revolution of the Imagination’: Rethinking Cultural Policies in EgyptEgypt Independent, 25 Sept 2012

 

What the Warhol Foundation’s art sale tells us about artists’ foundationsArtist-endowed foundations are a bright spot in the flagging cultural philanthropy field in the US. The Art Newspaper, 25 Sept 2012

 

Should art groups jump at private funds? The Irish Times, 24 Sept 2012

 

Arts funding: we are stronger togetherMatt Burman says that we have to talk about emotional impact and quality of life when making the argument for arts funding. The Guardian (blog), 19 Sept 2012

 

Andrew Dixon of Creative Scotland speaks to ParliamentList.co.uk, 19 Sept 2012

 

Fatwas and Fundraisers: Artists For ObamaWND.com, 19 Sept 2012

 

MUSIGA To Cough ‘Squandered’ ¢20 BillionGhanaweb.com, 28 Sept 2012

 

Greek treasures take a hitUSA Today, 19 Sept 2012

 

Europeana, the portal for Europe’s digitized heritage culture, has opened its dataset of over 20 million cultural objects for free re-useM&H online, 19 Sept 2012

 

Billionaire Leon Black On Why Funding Arts Is So ImportantForbes 18 Sept 2012

 

Public Funding for the ArtsForbes, 17 Sept 2012

 

India spends less than 0.2% of its budget on intangible heritage.HindustanTimes, 16 Sept 2012

 

San Diego, USA: State of arts funding: Donors show caution. With many patrons 'philanthropically exhausted,' arts groups find creative ways to weather the stormUT San Diego, 15 Sept 2012

 

The lucre of cultureChina Daily Europe, 14 Sept 2012

 

Bulgaria to Set Up Cultural Heritage Investment FundNovinite.com, 13 Sept 2012

 

MyCreative Ventures Sdn Bhd, a government investment arm, launched to spur Malaysia's creative industry via strategic and innovative funding.  Business Times, 12 Sept 2012

Washington DC: Nonprofit arts generated $1.5B in economic impact
Bizjournals.com 12 Sept 2012

 

Global Arts and Culture Philanthropy Gets Aid from Mitch VazquezEquities.com, 12 Sept 2012

 

Arts foundations do support new work. The Guardian, 11 Sept 2012

 

How Do Museums Pay for Themselves These Days? Huffington Post (blog), 07 Sept 2012

 

Dutch budget cuts leave high arts in very low spiritsBBC News, 06 Sept 2012

 

Turkey increases its cultural footprint in the Balkans. SETimes, 05 Sept 2012

 

Pan-African Cultural Congress Adapts Action FrameworkBusiness Ethopia, 01 Sept 2012

 

 

 

Creative Industries and Economic Impact

 

IBM Presents Proposed Roadmap in Support of Creative Industries in Kenya to Drive Economic GrowthR&DMag.com, 28 Sept 2012

 

Italy's growth potential lies in cultural heritage: MontiMSN news, 27 Sept 2012

 

Heritage tourism will enhance sustainable development in Uganda.Monitor.co.ug, 27 Sept 2012

 

EC launches strategy to boost growth and jobs in cultural and creative sectors. Focus Information Agency, 26 Sept 2012

 

Why Music is Important: The Economic AnswerHuffington Post UK, 26 Sept 2012

 

Culture sector an "untapped" resource, says EU CommissionEU Observer, 25 Sept 2012

 

UK Trade Mission Hopes to Tap Into Brazilian Creative SectorExhibition World, 25 Sept 2012

 

Taiwan and Hong Kong to Tap Cultural & Creativity Biz in ChinaTaiwan Economic News, 25 Sept 2012

 

How to pan for gold in cultural investment fever. People’s Daily Online, 24 Sept 2012

 

Int'l experts seeking ways to boost economy by highlighting heritageDaily Times / Xinhua, 19 Sept 2012

 

Banks' thumbs-up for Creative Europe's proposed guarantee facilityScreen Daily, 17 Sept 2012

 

Why Knockoffs Are Good For The Fashion IndustryNPR, 10 Sept 2012

 

Senegal film industry dying a slow deathTimeslive.co.za, 07 Sept 2012

 

Scotland's games industry adds 'no value' suggests study. BBC News, 07 Sept 2012

 

Creative Europe: The Surprising Possible Answer to European Economic Woes? Policymic.com, 05 Sept 2012

 

Europe seeks shared strategy to back film industryGlobal Times / Xinhua, 04 Sept 2012

 

Malaysia, Nepal hope to boost tourism, cultural relationsBikyamasr.com, 02 Sept 2012

 

 

 

Art Market

 

The Art Market: Bringing out the big gunsFinancial Times, 28 Sept 2012

 

Art Moscow: Permanent market players and new trendsThe Voice of Russia, 21 Sept 2012

 

Asian art seeing a resurgence in global market.Twocircles.net, 18 Sept 2012

 

Why The Art Market Profits When Social Inequality Is GrowingHuffington Post, 17 Sept 2012

 

Sotheby's taps into Chinese mainland marketChina Daily, 14 Sept 2012

 

Eight Tips for Would-Be Art InvestorsForbes, 14 Sept 2012

 

Investing in Fine Art - September 2012Financial Times Advisor, 10 Sept 2012

  

Will Sale of 20,000 Warhols Flood the Art Market? Forbes, 06 Sept 2012

  

Art Futures Group opens online art investment servicesTheasset.com, 05 Sept 2012

  

Hoping That Art Will Continue to Pay Off. The New York Times, 03 Sept 2012

  

Brazil's economic surge helps spark Rio art boom as rising middle class jumps into collectingStarTribune, 02 Sept 2012