Earthquake in the art world: Art Basel succeeds Fiac in Paris

Sumary of Earthquake in the art world: Art Basel succeeds Fiac in Paris:

  • Paris, Jan 26, 2022 (AFP) – Thunderbolt in the art world: to strengthen its “global influence”, Paris decided on Wednesday to bet on the international giant of contemporary art fairs Art Basel to succeed the Fiac, which had been exhibiting for nearly half a century in the French capital.
  • Galerie Bernard Bouche – ArtBasel Unbeatable on the world art market, the contemporary art fair Art Basel, owned by the Swiss group MCH, takes place every year in Basel in Switzerland, in Miami in the United States and in Hong Kong.
  • She had spontaneously expressed her interest in the City of Light in November and was selected on Wednesday by the board of directors of the Réunion des musées nationaux – Grand Palais (RMN-GP), following a call for tenders launched on 8 December, the RMN-GP announced to AFP.
  • The call for competition also concerned the organization of the international photographic art fair, which remains in the hands of Paris Photo (24 years old), also owned by RX-France, and “the strongest brand in the world of the photo market”, added the RMN-GP.
  • They will have to commit to a period of seven years for an overall cost estimated at 10.6 million euros for the contemporary art fair and 7.5 million euros for the photographic event, excluding technical costs, according to the invitation to tender.
  • – Place des galeries françaises – “We did not exclude anyone but chose the candidate who best had the ambition to take advantage of the singularity and specificity of Paris”, told AFP the RMN -GP.
  • The new Parisian contemporary art fair “will not be a satellite of the Basel fair”, assures the cultural operator.
  • It is a question, he says, of “paying particular attention to the place of French artists and French galleries” by relying on “an essential investment dynamic in the face of the evolution of the art fair market, which is increasingly demanding, and on a strong capacity for innovation”.

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