Let us today for new Investment opportunity. Well, I am not talking about some exotic business ideas. But I am talking about the Art – The New Media Art.The new media art consists of the following.
- Mixed Media Installations
- Video Art
- Digital Prints
- Mechanical Art including Car engines
- Compute Graphics
- Internet Art
- Virtual Art
- Interactive Art technologies
- And many more….
Well, previously, there was only the market for paintings as an art. But now, There is a huge market for New Media art all around the world. People invest in new media art.
This new Media art is auctioned by the two great Art Auction Houses.
01) Christie’s
02) Sotheby’s
Some of the Digital Arts are worth of millions of dollars. For the Investors this is the entirely new asset class for the Investment. Just few years back, there was no market at all for this asset class in India. But now, these arts are selling at 2-20 Lakhs per art piece.
Owning a New Media Art is exactly same like owning the any other asset class such as stocks, bonds, gold, real estate, businesses and mutual funds. And these arts sometimes appreciate much more faster than the traditional stock market.
Installation art is normally bought by museums. There is a great role of Museums to help make people art literate.
Now, literally more and more people are entering into new media collections. The future of this entirely new investment opportunity is very bright. This is because of the Growth saturation of the traditional asset classes such as stocks and real estate.
And because of this saturation, Investors are diverting their wealth towards these new Asset classes. So if you can create any one or more of the above traditional media art than it means that you have the ability to create an Asset that can be worth of Millions of Dollars…!!!
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