Art Online
Will art buyers click for a Warhol as readily as they’ll raise a paddle for one? That’s the million-dollar question being batted around the art world these days. A number of high-profile ventures have entered the online fray—eager to reach a growing generation whose lives are lived online, as well as collectors in cities without access to a robust gallery scene.
Art.sy, designed to introduce collectors to new works based on their personal preferences and modeled on music sites like Pandora, has drawn such investor-advisers as Google chairman Eric Schmidt, Twitter cofounder Jack Dorsey, and gallerist Larry Gagosian. With Wendi Murdoch on the board and collector Dasha Zhukova the site’s creative director, it had a splashy preview at Art Basel in June and plans to include works (like Yayoi Kusama’s Kei-Chan, above) at a wide range of prices, including $1 million–plus. More than 160 galleries have signed on.
Other art sites drawing a new generation of collectors focus on carefully curated selections of specialty items. Gallerist Bill Powers’s Exhibition A, for example, offers contemporary prints (including Les Rogers’s Bright Bedroom, above), while 20X200—created in 2007 by New York gallerist Jen Bekman—features photographers such as William Wegman.
Grey Area, a new website by Kyle DeWoody (daughter of collector Beth Rudin DeWoody) and Web entrepreneur Manish Vora, sells functional objects designed by artists. And Blacklots, a 24-hour auction platform cofounded by Phillips de Pury’s former London chairman, Rodman Primack, offers pieces by Elad Lassry, Takashi Murakami, Thomas Ruff, and Massimo Vitali, whose Vecchiano is above.