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Category: contemporary art
Artist-stars are on the rise
ArtfixDaily / May 27th, 2010
Bob Dylan, Dennis Hopper, and Sylvester Stallone have a common thread other than being entertainment superstars. They are painters, of varying talent, who have grabbed headlines for their artwork in the past year. Add Mary Lynn Rajskub, an actress best-known for appearing opposite Kiefer ...
Two architectural firms in the running for new Broad museum
ArtfixDaily / May 26th, 2010
While the decision to build his museum in downtown Los Angeles has not yet been finalized, Eli Broad has gone forward with the process of selecting an architect. The Los Angeles Times reported that the billionaire philanthropist, whose new building will house his collection of 2,000 postwar and ...
New MoMA curator will follow latest sensational show
Wall Street Journal / May 26th, 2010
The Museum of Modern Art has appointed Sabine Breitwieser, an independent curator, author and lecturer, as the new chief curator for its department of media and performance art. "Media and performance art are among the most popular and cutting-edge fields in the arts, and the renewed interest ...
Tate Modern going global with acquisitions
ArtfixDaily / May 25th, 2010
A decade after its inception, Tate Modern has displayed some 880 new acquisitions, both gifts and purchases. In a press release, Britain's bastion of modern and contemporary art states that it will continue to aggressively pursue new artworks from regions other than Europe and North America. ...
Whitney Museum will break ground downtown
ArtfixDaily / May 25th, 2010
After a quarter century of quibble, the vote was unanimous for the Whitney Museum to expand with a new building in the meatpacking district of Manhattan. On Tuesday afternoon the museum board finally agreed to build in the new downtown location with an expected completion date of 2015. The ...
Minor prevails over Christie's in court
ArtfixDaily / May 24th, 2010
CNet cofounder Halsey Minor won the favor of a San Francisco jury in his complicated dispute with Christie's International. The court ordered Christie's to pay $8.57 million in damages to Minor for a perceived drop in the retail value of his paintings held by the auctioneer. Christie's employees ...
Bailed-out Bank of America shares art collection with communities
Charlotte Observer / May 18th, 2010
Bank of America (BofA), the recipient of $45 billion in taxpayer-funded government bailouts, has been loaning works from its corporate collection to dozens of art museums worldwide since 2007. Charlotte, North Carolina's Mint Museum of Art will be exhibiting 60 ...
SFMOMA patrons rocked 75th birthday bash
San Francisco Chronicle / May 17th, 2010
Nearly 1,200 glittering guests feted the San Francisco Museum of Modern Art's first seventy-five years on Friday. The art museum hosted 550 gallerists, museum directors, artists and art collectors at a $50,000-a-table private dinner and several hundred more patrons came for the late night ...
Beckhams build $44 million art collection
Mirror.co.uk / May 16th, 2010
Victoria Beckham, the former Spice Girl singer, and her husband David Beckham, the soccer superstar, have reportedly amassed a contemporary art collection valued at £30million ($44 million). Their tastes run toward provocative British art by big names such as Damien Hirst, Sam Taylor Wood, ...
Major works from Minor collection bring $21.1 million
Bloomberg / May 16th, 2010
Part of CNet co-founder Halsey Minor's contemporary art collection was hammered down by Phillips de Pury & Co. Proceeds from the $21.1 million sale, the first of three auctions, which included 22 of his artworks, will go toward a $21.6 million judgment obtained in October by ML Private ...
Who's hot list
Wall Street Journal / May 16th, 2010
Monet, Renoir and Dali are among the artists who have weathered the recession well, according to the Wall Street Journal. New buyers, such as China's emerging wealthy elite, are stepping up to buy pretty pictures by the big names of Impressionism and early Modernists. "Before the crisis, people ...
Solid sales at Sotheby's for contemporary art
New York Times / May 13th, 2010
Sotheby's hammered down 50 lots of contemporary art for $190 million Wednesday night with an excellent 94.3 percent sell-through rate. Five artist records were broken. Minimalist paintings made a big splash. Richard Serra’s “Corner Prop” sold with one bid: $1.98 million. Andy Warhol's ...
Selective buyers send post-war art soaring
Reuters / May 11th, 2010
Christie's post-war and contemporary art auction Tuesday evening totalled $232 million, including commissions. Of the 79 lots on offer, only five failed to sell. Author Michael Crichton's collection, one of the season's star estate sales, has already reaped $93.3 million, the highest ever total ...
Jasper Johns' Flag sets artist auction record
ABC News / May 11th, 2010
Christie's sold Jasper Johns' iconic "Flag," from the collection of the late best-selling author Michael Crichton, for $28.6 million, an auction record for the artist. The sale continues today with more works from the Jurassic Park writer's 20th-century art trove. American art dealer Richard ...
Multi-million dollar gift strengthens Whitney's holdings
New York Times / May 9th, 2010
Emily Fisher Landau, the noted philanthropist and art collector, has made an important gift of 367 works of art to the Whitney Museum of American Art. Estimated to be worth between $50 million and $75 million, the collection will help broaden the Whitney's collection as the New York institution ...
New bio on Leo Castelli, contemporary art's master marketer
Culturekiosque / May 9th, 2010
How did a dandified dilettante, after two decades of living (in good part) off his father-in-law’s money and his own personal charm, turn himself, at the age of fifty, into one of the formative influences on the art of the second half of the twentieth century? Leo ...
Broad leaning toward downtown art museum
LA Times blog / May 6th, 2010
Billionaire Eli Broad envisions a 120,000-square-foot building to display and store his 2,000-piece collection, which includes works by Jeff Koons, Andy Warhol, Jasper Johns and Jean-Michel Basquiat. He just hasn't decided where to build it. Still in the competition are sites in downtown Los ...
Turner Prize Shortlist 2010
Telegraph / May 4th, 2010
Less controversial, more beautiful is the overall consensus on the output of this year's artists shortlisted for Britain's most prestigious contemporary art prize. The Turner Prize, begun 26 years ago, was once a headline-grabbing event starring sensational artwork that sparked widespread ...
May madness art sales begin
Wall Street Journal / May 3rd, 2010
The media has widely reported that an art market rebound is in the cards this May when Christie's, Sotheby's, and Phillips de Pury hold their major Impressionist, modern and contemporary art auctions in New York. Beginning today, a two-week series of sales at these three auction houses alone ...
More green shoots expected at blue-chip art sales
Luxist / April 29th, 2010
An art market barometer reading will be taken May 4 and 5 when the Impressionist and Modern Art sales are in full swing in New York. The return of minimum price guarantees has helped push top-tier works of art back to market. Among the offerings is the Mrs. Sidney Francis ...