{"id":2176032,"date":"2025-11-25T03:32:04","date_gmt":"2025-11-25T03:32:04","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2176032"},"modified":"2025-11-25T03:32:04","modified_gmt":"2025-11-25T03:32:04","slug":"how-two-companies-dominate-the-67-billion-art-world","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/how-two-companies-dominate-the-67-billion-art-world\/","title":{"rendered":"How Two Companies Dominate The $67 Billion Art World"},"content":{"rendered":"<p><iframe loading=\"lazy\"  width=\"580\" height=\"385\" src=\"https:\/\/www.youtube.com\/embed\/xa06nroeXOE?autoplay=1&#038;modestbranding=1\" frameborder=\"0\" allowfullscreen><\/iframe><br \/>\n<br \/>The global art market was valued at $67.4 billion in 2018, the second highest year ever. The United States, United Kingdom and China are the three largest art markets in the world. Their sales combined make up 84% of the global art market. The auction house is one of the biggest drivers of the art market. Sales at public auctions exceeded $29 billion last year. Two auction houses\u2014Christie&#8217;s and Sotheby&#8217;s\u2014 compete head to head each year capturing more than 40% of global auction sales.<\/p>\n<p>\u00bb Subscribe to CNBC: https:\/\/cnb.cx\/SubscribeCNBC<br \/>\n\u00bb Subscribe to CNBC TV: https:\/\/cnb.cx\/SubscribeCNBCtelevision<br \/>\n\u00bb Subscribe to CNBC Classic: https:\/\/cnb.cx\/SubscribeCNBCclassic<\/p>\n<p>About CNBC: From &#8216;Wall Street&#8217; to &#8216;Main Street&#8217; to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.<\/p>\n<p>Connect with CNBC News Online<br \/>\nGet the latest news: https:\/\/www.cnbc.com\/<br \/>\nFollow CNBC on LinkedIn: https:\/\/cnb.cx\/LinkedInCNBC<br \/>\nFollow CNBC News on Facebook: https:\/\/cnb.cx\/LikeCNBC<br \/>\nFollow CNBC News on Twitter: https:\/\/cnb.cx\/FollowCNBC<br \/>\nFollow CNBC News on Instagram: https:\/\/cnb.cx\/InstagramCNBC<\/p>\n<p>#CNBC<\/p>\n<p>How Two Companies Dominate The $67 Billion Art World<br \/>\n<br \/><a href=\"https:\/\/www.youtube.com\/watch?v=xa06nroeXOE\">Video Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The global art market was valued at $67.4 billion in 2018, the second highest year ever. The United States, United Kingdom and China are the three largest art markets in the world. Their sales combined make up 84% of the global art market. The auction house is one of the biggest drivers of the art [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2176033,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25180],"tags":[],"class_list":["post-2176032","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-videos"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2025\/11\/1764041523_maxresdefault.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2176032","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2176032"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2176032\/revisions"}],"predecessor-version":[{"id":2176034,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2176032\/revisions\/2176034"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2176033"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2176032"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2176032"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2176032"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}