What the Sotheby's sale means for art market transparency


Manage episode 236845355 series 8013
By Financial Times. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Sotheby’s has gone under the hammer for $3.7bn ending 31 years of public ownership, with the venerable auction house sold to Patrick Drahi, billionaire founder of the European telecoms group Altice. Arash Massoudi discusses the sale and what it means for the art market with Harriet Agnew and Melanie Gerlis.

Contributors: Suzanne Blumsom, executive editor, Arash Massoudi, corporate finance and deals editor, Harriet Agnew, FT Paris correspondent, and Melanie Gerlis, FT art market columnist. Producer: Fiona Symon

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