It’s been a tumultuous second half of the year for most of us. As the World’s economy collapsed in the Autumn initial signs that the art market may remain protected soon evaporated as the recession inevitably took it’s toll and sales for high-end contemporary art fell from their lofty peaks.
Though this has left it tough going financially for many involved in the art world, particularly the smaller galleries and Fair’s (though certainly touching the largest institutions as well evidenced by the job losses at White Cube for example), there is the sense that this was a correction that needed to happen and one that may just breath some vitality back into the scene.
In many ways 2009 therefore promises to be an extremely exciting one. Art and money have always had a curious relationship and in recent years money has seemed to take control. As the money evaporates the art will remain and freed from the financial carrot that has been dangling so temptingly for the last few years we may start seeing some really interesting work being made in the coming year.
There are a few varied predictions about what to expect from 2009 put together by Tom at Spoonfed here.
As for murmurART it has been a really exciting few months. The project is now underway and there is lots more to come: We have an exciting show lining up nicely for the Spring which you will hear more of in the New Year; the magazine is starting to take shape; and we have a host of new exciting young artist who we will soon be bringing to your eyes.
We’re off for Christmas but will be back in early January ready to take on what promises to be a really exciting year where the art world should lead the way in reaction to these difficult times.
Happy Christmas and a happy New Year
WGC