2017 saw one of the greatest art sales with the $450 million sale of a Leonardo Da Vinci. Phillip Ashley Klein is the Art and Finance Leader at Deloitte Consulting and he joins Cheddar to explain why 2018 could be an even bigger year for art than 2017.
The Rockefeller collection is set to go on sale this May and it is estimated that the sale could go for as high as $600 or $700 million. Klein explains that for investors, art is a strong protector of value.
In terms of innovation in the art space, Klein says the industry is seeing big investment in art analytic companies. These are companies that can help collectors and artists decide when to bring a piece to market, where in the world to sell it, and even what time of year to go forward with a sale. Artificial intelligence and data mining are being utilized to deliver these results.
Titled “Hackney Diamonds,” the legendary rock band will reveal the full details on Wednesday at an event in Hackney in East London.
Buffett, 76, died of a rare skin cancer on Friday.
An unusual late-summer storm turned the week-long Burning Man fest into a sloppy mess, with tens of thousands stuck in foot-deep mud and with no working toilets.
'The Equalizer 3' is now out in theaters.
Timbaland, Justin Timberlake and Nelly Furtado released a new track together for the first time in 16 years.
Two spinoffs of “The Walking Dead” and “Interview With the Vampire” will resume production despite the actors' strikes after reaching an agreement with the union.
Kim Kardashian and Kylie Jenner are both trying to buy back their stakes in skincare deals.
Ohio authorities on Friday released bodycam video showing a police officer fatally shooting Ta’Kiya Young in her car in what her family denounced as a “gross misuse of power and authority” against the pregnant Black mother.
A new study showed over 60% planned to stay in this Labor Day Weekend, citing high prices.
Police officers in Virginia showed their support for a five-year-old who lost her mother in the line of duty and accompanied her to her first day of school.
