Arts and entertainment
August 18, 2023
The $10 million-plus segment is driving the American surge, revealed as the strongest category globally as well. Image credit: Art Basel/Maxwell Alexandre
By Emily Iris Degn
Art Basel and UBS are out with the seventh annual report covering the state of the industry.
{"ct":"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","iv":"9ee946142803cd112cc6af5d450cd83a","s":"12ccfcff35ea043e"}
Share your thoughts. Click here