RIP Art World Magazine – artmarketblog.com

 RIP Art World Magazine   artmarketblog.comIs Art World Magazine the latest casualty of the financial crisis after just over two years on the racks?. According to the rumour mill it is. An email circulated by the magazine’s editorial team did not, however, provide a specific reason for the disappearance of the fine art world equivalent of Vogue magazine. According to the email, “Due to personal family reasons Steve Bush – the publisher and owner of B5 Media – is stepping back from the business and the next issue of Art World is on indefinite hold while we explore future options.” Part of the reason for the magazine’s closure may be the demise of his marriage but it would quite plausible that the financial crisis is at least partly to blame. With two separate editions, one published in the UK and the other in Australia, the closure of the magazine will have an impact on many people who will likely be out a job.

Magazines such as Art World Magazine are luxuries that are not justifiable at a time when so many people are having to tighten their belts. I would be surprised if other art world magazines aren’t forced to close as those that are still in business continue to experience a fall in ad revenue and a fall in readership. Many of the most popular art magazines have already begun slimming down. To be honest, I am not particularly a big fan of Art World Magazine, but I am a fan of Australian Aboriginal Art Magazine (http://www.aboriginalartmagazine.com/) ,which is published by the same company. I will be sad to see the only widely available magazine dedicated to Aboriginal art go because of the positive impact it had on the market for Aboriginal art.

It will be interesting to see what happens over the next six months to the other art world publications. There are more than enough different publications to go around so there are definitely a few that are dispensable. Your thoughts??

 RIP Art World Magazine   artmarketblog.com**Nicholas Forrest is an art market analyst, art critic and journalist based in Sydney, Australia. He is the founder of http://www.artmarketblog.com, writes the art column for the magazine Antiques and Collectibles for Pleasure and Profit and contributes to many other publications.

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  • Anonymous

    First The London Paper, then this. Sometimes the cull is for the best, but in this case it would be a shame if it is indeed true. I personally feel that Art World is the best art related magazine available in the UK. It presents an energetic mix of new, established and historic practitioners with an good balance of written and visual content. I like that it is not elitist without coming over as lite. I don’t buy it every month, but when I do I’m generally reading it well into the next one. I understand the strains the publishing sector is under at the moment, but hope that the magazine is able to continue as there are plenty of not-so-good ones on our shelves.

    • http://www.artmarketblog.com artforprofits

      It is a shame that both these magazines have to go but such is life

  • http://www.twitter.com/thijsvdhoorn Thijs van der Hoorn

    The times call for a wide variety of magazines; like the long tail principal. So that’s why the Australian Aboriginal Art Magazine will make it and more standard magazines don’t.

  • Emily

    Aboriginal Art Magazine, another of Bush’s, has folded too.

  • http://artgalleryonline.ning.com/ Dawn Hilton

    Hi Nic, Well well that is a shame.

    But to be honest I think people just look on the net now for all the latest gossip and news.

    Take facebook, everyone and their mother, brother and sister in the art world are there now and connecting up like a long lost family.

    Times are changing Nic and for the good I say,,, you don’t need to buy mags anymore.

    I for one look up the Arts news paper, but to be honest they are a bit slow and second hand at news.

    I also keep an open eye on your blogs to find out whats hot and whats not at the other side of the world.

    Glenn Brady in OZ, you can find on facebook is a great artist, one to watch.

    Nice one Nic, nice and to the point as ever.

    Dawn.x

  • http://artbytomas.blogspot.com/ Tomas

    While musing about what is going to happen to art world publications, we close our eyes to what’s happening with our morality. Thus there is no wonder the artist turn from the eternal values to the marketing of themselves. Show bloom, yet is it not the failure? The profitable failure that divides the world into the art world and all other that should applaud to … what?

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  • Anonymous

    Shame since it was the best Art Magazine around. Good selection of artist, interesting opinions, news all in one in perfect shape. And now I need to look for something else and to be honest I don’t like any of the other ones as much not as interesting. I hope I will manage to at least order back issuse of my favorite Art World

  • http://www.theartnewspaper.tv Alex

    It’s a shame this magazine has gone under, though it was a luxury item it was nicely put together. That said, with the rise of the web and webtv, it’s going to be harder and harder for publications like this to compete – I read the interview Art World did on Grayson Perry and thought it was very good but frankly, I’d rather see the man speaking for himself – we were lucky enough to get to film him and put his interview online.

    This kind of content is proving more and more popular – soon we won’t be reading anything on the train anymore, just watching it on an iphone.

    http://www.theartnewspaper.tv/content.php?vid=737

  • Yvonne O

    Just returned from traveling, no Art Worlds in my pile of mail. So, is it another casualty of the credit crunch? This magazine sub costs just £22.50 a year online in the UK, luxury item? I’ll miss it, anyone got a spare issue no.2 ?

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