Art market and the press
- Anne Helmreich
Over the modern period, the art market and the press (referring to the publishing apparatus associated with news reporting) developed a close symbiotic relationship as borne out in the histories that unfolded in western Europe and North America. When The Times of London launched in 1785, for example, it included listings of ‘Sales by Auction’; an advertising section that flagged up such goods as ‘fine Paintings, some of which are by esteemed Masters’ (1 Jan 1785, 4). The press and the art market were driven by a similar need to reach the educated classes who were willing to pay for information and opinion, and likely to have the discretionary income to acquire art. Both the press and the art market also expanded over the course of the 19th century, benefiting from the rapid growth of the middle classes as well as technological changes, such as the development of the steam ship and railroad, which sped up the exchange of information and goods. Likewise, the establishment and commercialization of the Internet at the turn of the 21st century brought a new level of visibility to the intersection of the press and the art market....