Art traded from 1951 to 2007 appreciated just a little more than 4 percent annually, much less than the Standard & Poor’s 500 average of 8.90 percent over the same period. The figure is also significantly less than figures from previous studies that pegged art’s annual returns at 8 percent or even 13 percent.
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The proliferation of cameras in more and more devices, like cellphones, is gradually turning everyone into an aspiring shutterbug. But World Press Photo is open to professionals only, which explains why some of the biggest news photos of 2004 were conspicuously absent.
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Over the last few years, museums large and small have started awarding their own prizes, usually named after the institution and sponsored by a corporate donor, to capitalize on the glamour associated with contemporary art.
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If sheer numbers mean anything, the much-discussed documentary-film revival of the last year continues unabated. What remains less clear is whether the documentary world’s next wave will remain as firmly polemical as the last, which grabbed attention and a surprisingly large share of the box office for hard-edged message films.
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Now a team of researchers in the Netherlands have developed a computer system that quickly examines hundreds of paintings for telltale patterns. The results, they say, can lend credence to existing attributions or help dismiss them.
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