The Solomon R. Guggenheim Foundation is considering developing a museum project in Beijing, its director said on Friday during a visit to China.The foundation is looking at several possibilities, including a five-year museum collaboration that could be located at a converted factory adjacent to Beijing’s 798 art district, said Thomas Krens, director of the...
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Creative Industries
Guggenheim mulls museum project in Beijing
Expanding financial capacity (Mission, Models and Money)
How can we expand the financial capacity of arts and cultural organisations, for example by creating reserves and/or developing new financial instruments and once created and/or developed how do we manage and control them?Arts and cultural organisations in the UK and elsewhere tend to give a great deal of attention to the relationship between...
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The benefits and costs from art
The standard economic case for government support of the arts can be understood as one of correcting a beneficial externality. The traditional reasoning is that the arts, while directly enriching artists, arts firms, and arts consumers, also produce benefits that spill over onto the rest of us. The possible sources of external benefits can...
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Classical music being podcasted and winning (Fast Company)
…”For people who are dipping their toes in the water with classical music, the Internet can be a much friendlier place than a record store,” Landrum says. And “The Concert” is all the more significant given the museum’s otherwise fixed space. “Because the will stipulates that things in the museum can’t change,” she adds,...
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The Internet is Changing the Music Industry (Fast Company)
…”the Internet has become not only a channel for distributing music but one for insinuating bands into the lives of their most enraptured fans. They found that the efficiencies of the Web are such that for very little cost, an artist can build his own online operation and outsource everything, from peddling “merch” to...
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France glimpses art in video games
… “I believe that a video game is a true creative work based on a lot of artistic talent, involving script writers, designers and directors,” says the Culture Minister, Renaud Donnedieu de Vabres. In an interview with the BBC, he shrugged off the fact that some critics have labelled him the minister of video...
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Banking on Culture
Banking on Culture is an innovative action research project set up to investigate and stimulate new sources of financial investment for the cultural sector in Europe. The project has worked with partners in Italy, the Netherlands, Ireland, Greece, Belgium, Portugal and the UK, testing a range of new financial mechanisms with the aim of...
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A Creative Industry Primer
The creative economy movement started in the UK in 1994. Follow the links to understand how national cultural policy became creative industry policy and how it's now changing the world.