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":"71fab2610763c60df0bd14954e1fb8d8","s":"c211cb8098228cb8"}
Share your thoughts. Click here