Saatchi Art Launches its Annual Invest in Art Report on the Emerging Art Market
The World’s Largest Online Gallery Publishes
its 2016 Survey of New Emerging Artists with Investment
Potential
Saatchi Art, the world’s leading online gallery, today released
its 2016 Invest in Art report, featuring a comprehensive overview
of the online art market with a specific focus on emerging art.
Invest in Art is an ongoing series aimed at highlighting emerging
talent in the art world in order to inform buying decisions of
first-time buyers and experienced collectors, many of whom are
increasingly purchasing artworks online.
With the internet giving artists today more ways than ever
before to showcase their work, collectors too are turning to online
galleries to discover and purchase art from all over the world.
Hiscox found that from 2015-2016 online art sales rose by 20% and
forecast that online sales will reach $9.58 billion in 2020
(source: Hiscox Online Art Report 2016).
“The art world has changed dramatically over the past five years
primarily because of the impact of the internet,” said Rebecca
Wilson, Chief Curator, Saatchi Art. “It is enabling many more
artists to show their works and giving people who love art new ways
to discover and purchase it. With our Invest in Art report we want
to introduce people across the world to outstanding emerging
artists, all of whom are recent graduates and showcasing their work
on Saatchi Art.”
To select the 20 artists featured in this year’s Invest in Art
report, Wilson reviewed the graduation shows of BFA and MFA
programs at some of the most prestigious schools in the UK and US.
These emerging artists are making distinctive work, which is
already being recognized with international sales, awards, and
invitations to participate in exhibitions and residencies.
The 2016 Invest in Art Report also features:
- An overview of the online art market,
including purchasing patterns, international sales data and online
market growth. - Information on art as an investment
from the collector’s perspective. - Case studies showcasing career
trajectories for three artists, including milestones and market
value for recently sold works.
To view Saatchi Art’s 2016 Invest in Art report and see works by
this year’s 20 featured artists, visit
www.saatchiart.com/invest-in-art.
About Saatchi Art
Saatchi Art features the world’s largest selection of original
art and helps people all over the world find art and artists they
love. The online gallery offers more than 500,000 original
paintings, drawings, sculptures and photographs by over 50,000
emerging artists from over 100 countries. Saatchi Art is redefining
the experience of buying and selling art by providing art lovers
with free art advisory services and an expertly curated selection
of art, while giving artists a convenient and welcoming environment
in which to exhibit and sell their work. To discover the world of
Saatchi Art, please visit www.saatchiart.com. Saatchi Online,
Inc., which operates Saatchi Art, is a wholly owned subsidiary of
Demand Media, Inc. (NYSE:DMD).
About Demand Media
Demand Media, Inc. (NYSE: DMD) is a diversified Internet company
that builds platforms across its media (eHow and
LIVESTRONG.com) and marketplace (Society6 and Saatchi Art)
properties to enable communities of creators to reach passionate
audiences in large and growing lifestyle categories. In addition,
Demand Media’s content publishing studio and diverse advertising
offerings help brands and publishers find innovative ways to engage
with their customers. For more information about Demand Media,
visit www.demandmedia.com.
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Saatchi Art
Sharna Daduk
PR Director
Sharna.daduk@saatchiart.com
or
Mia Mendez, 310-917-6433
Sr. PR Manager
Mia.mendez@saatchiart.com
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