There is another interesting Bloomberg video with the CEO of Phillips discussing the art market. Bloomberg Business is doing a nice job in covering the art market.
Unfortunately I can not embed the video, so to watch, please follow the below link or source ling to view:
http://www.bloomberg.com/news/videos/2016-03-02/consolidation-paints-a-new-picture-for-art-market
Bloomberg reports
Source: BloombergEdward Dolman, chief executive officer at Phillips Auction House, discusses consolidation in the art market following six years of price inflation, economic pressures on auction houses and what he sees for the art market going forward. He speaks on "Bloomberg ‹GO›."
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