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":"e5cf012e84a4d94cddb2f71ed8702b6f","s":"5a692dd3963a467f"}
Share your thoughts. Click here