Singapore, Where The Art Market Hasn’t Tanked

“Paintings and sculptures by emerging artists from Indonesia and other Southeast Asian countries have defied slowing auction demand for top Chinese and Western works as global financial markets tumble and the prospect of a U.S. recession increase. Sellers at three art events this weekend in Singapore — a fair and two auctions — are hoping that sentiment will hold.”

Kushner’s B’way Musical Smashes Records In Chicago

“Tony Kushner’s complex musical ‘Caroline, or Change’ struggled to survive on Broadway. But thanks to a fine production from Charles Newell and a star turn from E. Faye Butler, the show has turned into the biggest hit in the long history of the Court Theatre. … With ‘Caroline,’ Court has been doing around $10,000 in sales a day–which is a boffo box-office performance for a theater with only about 250 seats.”

Cruddy Economy, Gas Prices Hurting Craft-Show Artists

“The craft show life. You might call it the artist’s rendition of a traveling salesman. It’s set-up on Thursday, pack-up on Sunday, with selling in between. Often, there are only a few days before the next show.” Humble as it may seem, it’s a multibillion-dollar industry. “Still, rising gas, motel, and other costs are cutting into profits, forcing some to leave the business….”

Suddenly, A Glut Of Concert Venues In L.A.?

“Within the next two months, three music venues capable of holding 8,000 concertgoers will open in Los Angeles. Even with the economy faltering, venue operators and promoters believe the simple law of supply and demand will keep the concert halls full, provided the ticket price is appropriate. Other industry execs, however, think the city may have a glut on its hands.”