Word: lostness
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Dates: during 1980-1989
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Enveloped in boredom and ennui, a group of middle class lovers and friends sail to the Southern Mediterranean islands for a holiday. Without warning, one of them, Anna, disappears. The group searches the area desperately trying to recover their lost friend. Antonioni deftly exposes hidden motivations and repressed desires in his characters as the group inevitably disintegrates...
...ultimate loss to art's hyperinflation may be wider and less tangible than this. Quite rightly, MOMA's Varnedoe rejects the idea that "there was some mythical period, now lost, when art was seen only as the shining purity of aesthetic experience. As long as there has been art to sell, art has been something to buy." But he, like many others, is worried by "the crazy sense of disproportion in the world that puts an extra glow on the art object...
...could be that no more new dealers of the traditional sort will actually come to power, so that the tradition that stretched from Ambroise Vollard to Leo Castelli and Paula Cooper will be lost. Big dealers will have their tame resident critics, as princes their poetasters. There will no longer be much distinction between collectors and dealers, and the collector-as-amateur will be extinct. On the boards of many museums, a new breed of broker, the collector-dealer-trus tee, will hold sway. And art will keep draining out of America toward Japan and Europe. Welcome to the future...
...repossessed Irises and put it on the block again, such a move would almost certainly have been a disaster. It might have brought $30 million, maybe $35 million, according to informed sources -- a fire sale. And the results for the art market if the World's Most Expensive Picture lost a third of its value in a year did not bear thinking about. "The last thing in the world we want," a senior Sotheby's executive remarked to Edmund Capon, director of the Art Gallery of New South Wales, "is for that f------ picture to come back on the market...
...homes, the average network share of television audiences has plummeted, from 90% to just 61%. At the same time, the network share of television advertising revenues has diminished, from 45% in 1979 to 36% last year. Cable operators absorbed much of the ad spending that the networks lost, according to Alan Gottesman, who follows the broadcasting industry for Paine Webber...