According to a New York daily news article, the online fine art market is expected to more than double to $3.76 billion in the next five years.
Younger collectors and first-time buyers seem to prefer buying art online rather than in art galleries. Yet online art sites do not threaten gallery sales in the same way Internet availability has undermined the film, print book and music recording industry.
Ebay to set up something like the Amazon fine art sales platform.
Read the full article here.