The New York Times profiles Edward Dolman, current head of Phillips, and his mission to turn the smaller auction house into a perennial competitor with Sotheby’s and Christie’s in the field of Contemporary Art. “The trouble is the old business model services all collecting categories, and that puts stress on the cost base of these companies,” Dolman says. “Christie’s and Sotheby’s are almost like institutions that are struggling to provide a broad range of services across tastes, age groups and art forms. This is difficult to sustain.”Read more at New York Times
