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3min chapter
Inside Art Basel & Sotheby’s Latest Shakeup
The Powers That Be: Daily
Financial Turbulence and Strategic Investments at Sotheby's
This chapter examines Sotheby's financial difficulties under Patrick Drahi's ownership, focusing on its debt and layoffs. It also discusses the recent investment from the Abu Dhabi Sovereign Wealth Fund, which helped reduce debt and improve key properties, amidst a challenging art market.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode