Fading colours: Recession hits art world

PUBLISHED ON: November 18, 2008 | Duration: 1 min, 48 sec

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The art world is no longer picture-perfect. The economic meltdown has taken away the colour from the market. So, there are fewer buyers and lower prices. The paintings at art galleries across the country are failing to make a splash. Not because they lack in colour or content, but because the market has turned dull and grey.
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