The Wharton School's Jerry Wind on Sotheby's Going Private

In this week's episode, we're joined by professor Jerry Wind, the
Lauder Professor Emeritus and Professor of Marketing at The Wharton
School of the University of Pennsylvania and co-author of Can Art
Aid in Resolving Conflicts. First, we discuss the recent news of
Sotheby's being purchased and transforming from a publicly traded
auction house to a privately owned business. Jerry explains some of
the ways being a public company may have been prohibitive for
Sotheby's. Also, he shares how he envisions their business
evolving. Further, Jerry tells us how Sotheby's and its rival
Christie's may compete against each other now that both are private
firms. Then, we discuss Jerry's new book, Can Art Aid in Resolving
Conflicts and he identifies some of the most notable examples of
when art played a role in resolving conflicts or building bridges
among opposing groups.