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":"c236e6204ec95e33bbdcd6e61f3966ec","s":"468d892fb563d2c9"}
Share your thoughts. Click here