Charlotte Appleyard commenting on the Huffington Post about the fate of Contemporary art in hard times makes this interesting observation:

Theories abound in the press that contemporary galleries will return to their “old masters,” the more established sure-selling artists rather than nurturing younger talent. However Lisson, one of the biggest galleries in London (they represent Anish Kapoor and Julian Opie) has just begun a programme whereby they open up one of its spaces to younger artists they do not represent. Evidence that the giants of the contemporary art scene won’t necessarily retreat to their safest artists — maybe they’ll get more creative?

Auction Room Action (The Huffington Post)