Managing arts in times of pandemics and beyond.

Summary: "The work seeks to provide a management perspective about museums, theatres and related organisations (like auction houses) from the angles of the philosophy, policy, organizational design, economics and technology. The work seeks to examine the unprecedented crisis engendered by the COVID 19 pandemic on arts organizations across the world and the management strategies adopted by to handle the pandemic. The work delves on the immense significance of digital technologies such as streaming technologies, algorithm driven sales and information storing digital ledgers like blockchains in guiding the fortunes of the arts organization both during and beyond the phase of pandemics. The key message of the book is that art organizations will not be the same even after the COVID 19 pandemic. Arts organizations that have for long relied on the real world of exhibitions and performances will be tempted to straddle in both the real and virtual models. Their revenue earnings models will also be more diversified than at present so would their reach to their customers. Further the advent of Non-Fungible Tokens (NFTs) based on blockchain platform Ethereum, it is argued, will turn democratise the world of creation, collection and consumption thus nudging extant institutions to change their prevalent methods of doing business in arts works"-- Provided by publisher.