ARTFIXdaily News Feed - Breaking News from the Art World

$2-Billion Frieze Week Wraps with Picasso, de Kooning Sales

ArtfixDaily / October 20th, 2013

With nearly $2 billion worth of art for sale in London, Frieze Week is the art world’s biggest amalgamation of commercial fairs, auctions and gallery shows focused mostly on contemporary art. The fairs ended Saturday on a high note with...

Hedge Fund Billionaire Cohen to Auction Artworks, Insiders Say

New York Times / October 13th, 2013

Art experts familiar with the collection of billionaire hedge fund manager Steven A. Cohen say that he will be selling some artworks at auction next month. Two Andy Warhols and a Gerhard Richter are among...

Developer Leaves Behind Hidden Art Collection

Los Angeles Times / September 8th, 2013

Orange County, Calif., developer Gerald Buck, 73, amassed what some believe is the largest private collection of works by California artists. His trove of largely 20th-century artworks spanned world-famous names...

Guess Founders Plan Private Art Museum in Los Angeles

Los Angeles Times / August 29th, 2013

Maurice and Paul Marciano, two of four brothers who founded Guess Jeans, have bought an $8 million, 90,000 square foot former Masonic temple to house their growing collection of top-tier contemporary art.

Jasper Johns Assistant Arrested for Stealing Artist's Work

ArtfixDaily / August 15th, 2013

Pop art master Jasper Johns's long-time assistant James Meyer was arrested Wednesday for stealing at least 22 works from his employer.

Former MOCA Director Returns to LA from DC's Hirshhorn

KPCC / August 12th, 2013

Richard Koshalek has exited the Smithsonian’s Hirshhorn Museum in Washington to return to Los Angeles where he previously led the Museum of Contemporary Art through its formative years, and...

Auction Sets No Reserves or Estimates on Sculptures from Charles Saatchi

Guardian / August 1st, 2013

London gallerist and art collector Charles Saatchi is offering up 50 large sculptures and installations at an upcoming Christie's sale. Bucking tradition, Saatchi is consigning the works with no estimates or reserve prices.

Deitch to Depart LA's Museum of Contemporary Art

ArtfixDaily / July 23rd, 2013

Jeffrey Deitch, the former New York art dealer, is expected to resign from his position as director of the Museum of Contemporary Art, Los Angeles. He leaves the museum with improving finances, but with staff and curatorial programs in flux.

Ellsworth Kelly to Receive National Medal of Arts

ArtfixDaily / July 9th, 2013

On Wednesday, July 10, 2013, President Obama will present Ellsworth Kelly, who turned 90 earlier this year, with a National Medal of Arts. Among the other recipients for 2012 at next week's ceremony will be...

Damien Hirst Counts his Spot Paintings for Catalogue Raisonne

New York Times / June 12th, 2013

A catalogue raisonné of contemporary artist Damien Hirst's work will reveal just how many of his easily recognizable spot paintings there are. The official count is...

Art Basel Bursts with Big-Ticket Offerings from Moore to Magritte

ArtfixDaily / June 11th, 2013

Following a heady series of auctions in New York totaling $1.1 billion, Art Basel brings up another $2.2 billion worth of 20th-century and contemporary art for sale. The annual Swiss fair has ushered in...

55th Venice Biennale Turns in New Direction

The Guardian / June 3rd, 2013

The world's foremost contemporary art festival has opened in Venice for its 55th year of presenting the most wonderful--and weird--art being made today. Newcomers and exhibits outside the official pavilions are turning heads.

Is the Market the Best Judge of Art's Quality?

ArtfixDaily / May 28th, 2013

On Friday, a group at Art Basel Hong Kong debated and then held a vote on whether "The Market Is the Best Judge of Art's Quality." A report in the South China Morning Post, says the motion was

Google Adds 20 More Museums to its Online Art Project

ArtfixDaily / May 26th, 2013

Google Art Project recently added 20 more museums to its online display of more than 40,000 total artworks from 250+ cultural organizations around the globe. Now online visitors can take a "Street View" virtual tour of the Mark Rothko galleries at...

Anonymous Donor Gives $15 Million to Miami's Art Museum

Miami Herald / May 19th, 2013

An anonymous donor has pledged $12 million in cash and $3 million in art to the future Perez Art Museum Miami. On Friday, officials from the Miami Art Museum announced...

Records Smashed in Sotheby's Contemporary Art Sale

ArtfixDaily / May 15th, 2013

Gerhard Richter’s “Domplatz, Mailand [Cathedral Square, Milan]” from 1968 set the artist's record price at auction bringing $37.1 million with fees, near its $40 million high estimate, and the highest price ever for a contemporary artist.

Christie's Reels in a Staggering $495 Million for Contemporary Art

ArtfixDaily / May 15th, 2013

Records price were smashed for 12 contemporary artists at Christie's on Wednesday night. Jackson Pollock, Roy Lichtenstein and Jean-Michel Basquiat were among the record-setters in a postwar and contemporary art sale in New York that totaled $495 million, the highest sales figure at any art ...

Art-filled Hotel Opens Near Crystal Bridges Museum

ArtfixDaily / April 25th, 2013

Over the weekend, 21c Museum Hotels opened its third property in Bentonville, Arkansas, near the Crystal Bridges Museum of Art. The hotel features 12,000 square feet of exhibition space solely dedicated to exhibiting art of the 21st century.

LA's MOCA Eyes $75 Million in Promised Donations

KPCC / April 18th, 2013

LA's Museum of Contemporary Art, after turning down partnerships with other institutions, says successful fundraising will now triple its endowment to $75 million. The museum announced Wednesday that...

Cy Twombly Foundation in Turmoil Over Lawsuits

ArtfixDaily / March 14th, 2013

A lawsuit filed Wednesday alleges two board members of the Cy Twombly Foundation, which was established to promote the American painter’s works and legacy, erroneously collected $300,000 in fees from the charity.