Brooke Shields Goes From 'Pretty Baby' To Gorgeous Woman
Young Artists Get Shot at Success, Galleries Fight to Survive
Filed under: Art
Any successful entrepreneur can tell you that tough markets are fertile ground for future success. If you can carve your piece of the world out now, an upturn later will reward you handsomely.
This sentiment must be on the mind of young British artists – such as Merlin Carpenter. London's contemporary art galleries are starting to show affordable works by newer artists. Far from investing in the future or giving the hopeful a fighting chance, this tactic is seen as a way to develop a near-term revenue stream that will help galleries survive the current financial crisis. Retrospectively, this stopgap measure could be seen as pure genius for the art galleries that discover the next Richard Prince or (blech) Damien Hirst.
Claims of forward thinking, however, will have to remain in the future. For now, dealers and galleries in London are struggling. Allsopp Contemporary shut down an exhibition space, and Yvon Lambert pulled out of London.
The market is searching to find – and exploit – some young blood, and buyers are pressing for discounts. The winners may just be the artists. Those discovered through desperation will define the market in the future.
PHOTOS: Most And Least Christian States In America
Rookie Cop Reportedly Berated, Called 'A Rat' For Arresting Off-Duty Officer
'I Am Now Who I Was Supposed To Be'
Rodents Run Amok at Upstate New York Walmart
Apple CEO Tim Cook interview at D10: the liveblog
Naked Face Eater's Victim ID'd
How I Went Bankrupt at 23
Can a New Guy Save Best Buy?
Does Tebow Have A Secret Girlfriend?
Beyonce 60-Pound Weight Loss: Queen B Flaunts New Figure During Comeback Concert Series
What's a Realistic Retirement Age?
Waiter Down On His Luck Scores 19,000 Percent Tip
I'm A Successful Entrepreneur But Might Get Deported
Carrie Underwood's Grunge Rock Past: 'I Was All About Pearl Jam'
Wynonna Judd's 33 Wildest Stage Costumes
Mark Zuckerberg Makes Surprise Cameo on Chinese TV
SLIDESHOW: Tattoos That Go Way Beyond Your Average Tramp Stamp
Boy Buys Old Polaroid Camera, Finds Picture Of Uncle
New Video Shows Face-Eating Attack Lasted 18 Minutes
VIDEO, PHOTOS: Man Who Chewed Off Victim's Face ID'd
Do Women Have A "Sexual Prime'"?
'Private Practice' Cast Shake Up
'Polish Death Camp' Remark Lands Obama In Hot Water
10 Inventors Killed By Their Own Inventions
WATCH: Fox News Makes A Straight-Up GOP Commercial
PHOTOS: Did Jess Get Too Much Photoshop?
Kathie Lee's Awkward Gaffe About Martin Short's Dead Wife
Parents Arrested On Suspicion Of Murder After Children's Tragic Deaths
Seattle Gunman Kills 5, Injures 1 Before Shooting Self To Death
Ancient Roman Shipwrecks Discovered
Travel + Leisure: PHOTOS: America's Worst-Dressed People
Linda McQuaig: 10 Things Billionaires Don't Want You To Know