art and market - Finestre sull'Arte

Beowolff Capital acquires Artnet and aims to integrate it with Artsy to revolutionize the art market

The digital art world is on the eve of a momentous change. On May 27, Anglo-American investment firm Beowolff Capital Management Ltd officially announced avoluntary public offering to acquire a 65 percent stake in Artnet AG, one of the longest-runnin...
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Sold by Dorotheum for a record 650 thousand euros for a drawing attributed to the workshop of Leonardo da Vinci

Record price for an unfinished pen-and-black ink drawing depicting the Salvator Mundi believed to have come from the workshop of Leonardo da Vinci: it was sold at an auction of ancient paintings by Dorotheum on April 29, 2025 for the remarkable sum o...
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Alessandra Di Castro (Apollo Group), "Need art-related tax reform: Italy deserves a different future"

Alessandra Di Castro, an antiquarian with a long and relevant experience, has been chairing since 2024, and until 2026, the Apollo Group, which represents the art industry in Italy and brings together antiquarians, art dealers, galleries of ancient, ...
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VAT on works of art, Giuli: "Regulatory hypotheses aimed at changing the rate are being studied."

During today's Question Time live from the Chamber of Deputies, Culture Minister Alessandro Giuli responded to Stefano Candiani's (League) question on the need for a reduction in the VAT rate applied to the supply of works of art. "I confirm the nee...
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Even in Spain, gallery owners denounce too high VAT compared to France and Germany: 'It's discrimination'

As in Italy, galleries in Spain report a difficult situation for the art market due to the failure to reduce VAT on artworks. In fact, the Spanish government continues to apply a21 percent VAT rate to the art market, unlike Germany and France, where ...
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Art is wallpaper for the rich: Giulio Alvigini's provocation in Prato

From Sept. 20 to Nov. 22, 2024, BBS-pro in Prato presents L'arte è carta da par wallato per ricchi, an exhibition by artist Giulio Alvigini (Tortona, 1995), organized in collaboration with TerraMedia, curated by Davide Sarchioni. For Alvigini,...
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