Media Arts Launches Masters of Light Galleries

Art Business News, May, 2001

SAN JOSE, Calif.--Media Arts Group Inc. recently announced the launch of its new retail chain of fine-art galleries, entitled Masters of Light Galleries.

Masters of Light Galleries are multi-artist retail stores that feature the art work of Media Arts artists, including Thomas Kinkade, Howard Behrens, Simon Bull and Robert Lyn Nelson.

"Masters of Light Galleries represent another significant step in our diversification efforts," said Craig Fleming, Media Arts chairman and c.e.o. "Creating these new retail galleries brings life-affirming, emotionally uplifting works of our world-renowned artists to art lovers and buyers in a convenient, neighborhood location. Normally, fine art of this quality has only been available in select galleries in large cities or resort locations," added Fleming.

According to company officials, Masters of Light Galleries will be owned and operated by independent dealers, much like Media Arts' successful Thomas Kinkade Signature Gallery chain. Today Thomas Kinkade Signature Galleries number more than 350 worldwide and have contributed to Media Arts Group's growth in fiscal-year revenues from $47 million in 1997 to $138 million in 2000. The first Masters of Light Galleries are located in Corte Madera, Calif., and Santa Barbara, Calif.

The company plans to help open at least 20 of the independently owned and operated Masters of Light Galleries during the next fiscal year ending March 31, 2002.

COPYRIGHT 2001 Summit Business Media
COPYRIGHT 2008 Gale, Cengage Learning

 

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