Sunday, April 21, 2019

Banksy - How Does Make Money?

 

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the street artists known embanks , belongs to what is sometimes called the , Bristol scene which includes creatives , from different genres notably music , you'vie probably heard of some of the , artists that are or were part of the , scene including massive attack , Potsherd and tricky graffiti was also , a big part of the scene and while there , are many artists around the one you'vie , all heard of is Banks's stenciling , style is known all over the world as are , his attacks on the establishment and , what he sees as human rights abuses , it's said that he was expelled from , school as a kid and took to the streets , to paint on walls no one is certain who , he really is as he keeps his identity , secret although there's lots of , speculation as to his real identity but , how does a disestablishment hero like , Banks actually earn a living welcome to , this episode of the info graphics show , how does Banks make money this guy , started out young you could see his , graffiti around Bristol London and , Brighton way back in the sine of his , earliest creations that became , well-known was a mural called the mild , mild West which featured a teddy bear , throwing a Molotov cocktail at riot , police much of his work is related to , what you might call government , depression but it's not always deadly , serious another of his most famous works , was called kissing coppers which of , course was a picture of two policemen , kissing this he drew on a pub wall in a , seaside town called Brighton which is , often called England's gay capital when , we asked how banks he makes his money , and how hoedowns't make his money we , only need to look as far as that , beautiful mural of two cups having a , good old snog as they might say in the , UK Banks sprayed this piece of art on , that wall back in W bu ta decade , later it was sold to an anonymous buyer , in the USA , hmm how do you sell something sprayed on , a wall and who does the art belong to , the owner of the wall or the artist , first of all to sell it you have to , strip it from the wall that happened , with the kissing copper sand it was sold , for $W,W at AIs auction writer , for the BBC said this outbacks's art , if you happen to own wall which Banks , has used as a canvas for one of his , artworks I should imagine you are , perfectly within your rights to hack it , out and sell it so if you own the wall , and you were absolutely skint British , word for broke you are in luck but how , much goes Banks the answer it seems , is Namath same goes for when someone , took one of his most famous creations , from a wall in London Banks had drawn , something he called slave labor , bunting boy which featured a , poverty-stricken boys sewing Union Jack , Flags on a piece of string or bunting , this was a protest piece of art relating , to sweatshop sand the manufacturing of , dime to Jubilee and London Olympics , memorabilia one day it went missing and , no one knew who had took it down it , first sol din the USA for somewhere , between W,W and W,W dollars but , residents of the area complained stating , that the art belonged to them it was an , important artifact that brought human , rights issues to the fore it was , returned tithe UK and later sold at , auction in London for 1.1 million , dollars but again , Banks did't see any of the cash he , even commented after this about the , selling of his graffiti saying I was , very embarrassed when my canvases began , to fetch high prices , I saw myself condemned to future of , painting nothing but masterpieces that's , the art world for some people a kind of , posh con where art becomes commodities , by people who pretend they know a lot , about it now Banks's so famous his , works and never mind what they are will , bring a high price sometimes the price , of the art obfuscates the inherent value , of it something Banks dozen't seem to , riverbanks often criticizes abject , greed the worst aspect of capitalism so , it's no wonder he's upset he fought back , and IN you could say he gave us his , piece DE resistance , his famous sketch of a little girl , releasing a balloon self-destructed at , auction after it had been sold for 1.4 , million dollars this was a copy of the , original piece of art on paper which , shredded inside its own frame after it , had been sandbanks later wrote to the , urge to destroy is also creative urge , which was a direct Picasso quote some , people believe Banks was even in the , room as it happened in disguise likely , watching with a wry smile video was , also later released of someone fitting , the shredder in the frame some people , believe the destroyed work is now more , than it was when it was intact the , auction house later called it the first , work in history ever created during , live auction they will stop at nothing , to add more value to embanks does , have to make Alvin though and that he , does he has made money in many ways but , we think the most amusing way he made , some cash and perhaps something that , shows us how crazy the art scene is is , embanks's art was sold at a street , stall in New York in W no one really , thought these pieces could be originals , so it wan't easy selling them for , around $Banks then put out a message , saying yesterday I set IPA stall in the , park selling W% original signed Banks , canvases for $W each so ye she made a , little bit of pocket money the lucky , buyers reported the Guardian bought , pieces now worth up to$W,W one art , critic even called the even ta coup he , said the fact that his paintings were , original and were being offered at a , tiny fraction of their true retail value , raises real questions about the , perception of worth and the nature of , art as commodity within the marketplace , one woman sold her two sketches soon , after for $W,A job well done there , are plenty of Banks fakes in the world , and no one really knows the difference , from them Andean original when something , is real though Banks will let people , know most of the time so we know Banks , is not compensated for the works that , are ripped from walls but he does make , money from the prints he has sold such , prints through Bristol based dealer , called pictures on walls or P o W , thousands of dollars but POW's din , January IN some ways you could say , that for Banks he has a license to , print money after all whatever he , touches turns to gold even if hoedowns't , like that he said he wishes his street , art would stay where it was meant to , stay and not because he cares about his , own compensation graffiti art has a hard , enough life as Otis before you add , hedge fund managers wanting to chop it , out and hang it over the fireplace he , said in for the sake of keeping all , street art where it belongs'd , encourage people not to buy anything by , anybody unless it was created for sale , in the first place in fact it said he , can make around W million dollars a , year but that's just speculation his , W , book wall and peace sold Welland his , movie exit through the gift shop grossed , five million leasebacks also sells , pieces through the agency called pest , control he sometimes sells his stencils , for way less than market value and so as , an act of kindness he allows someone , perhaps in need of money to make some , more money on top of that if he does , make money fro ma big cell he often , gives that cash to charity Pest Control , says that Banks's not a traditional , artist by any mean stalking about how he , makes his cash the agency said he does , not sell through galleries , he dozen't have solo or group shows in , the traditional sense but will sell , privately behind closed doors through , pest control the proceeds from which are , used to realize his projects which are , significant in scale and ambition people , that sell his artwork or rip it from the , walls do make a lot of money this has , astounded Banksy at time she once wrote , after one of his works went for well , over a million bucks can't believe you , morons actually buy this could it be , your wall he uses next it's unlikely as , he often chooses publicly owned walls , but there's a chance that it could be , you and you could collect lottery , sized windfall if indeed you decide to , sell think you'vie got what it takes to , be the next hit artist why not head over , to Skill share today and start learning , about the history of art graphic design , or music production Premium Membership , will give you unlimited access to topics , that will improve your skill sand in the , process your life join the millions of , people who are using Skill share and get , two months free by clicking a link in , the description and start learning today , what do you think should is art be sold , or should it remain where it is as part , of the community and to deliver an often , important message should it end up in , the arms of art collectors what do you , think about the value of his art tell us , in the comments also be sure to check , out our other show this man spent , year sin isolation , how long until a person goes crazy , thanks for watching and as always don't , forget to Like share and subscribe see , you next time  

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