Art Industry News is a daily digest of the most consequential developments coming out of the art world and art market. Here’s what you need to know this Friday, May 26th.

NEED-TO-READ

With New Zumthor Building, LACMA Reimagines Displays – In its new permanent collection galleries designed by Peter Zumthor, the museum plans to upend what critic Christopher Knight calls the “Met template,” based on geography and history, in favor of a more abstract curatorial model that encourages sharing among departments. (Los Angeles Times)

Tate Announces 2018 Exhibition Program – The Tate Modern will favor female artists next year with exhibitions by Joan Jonas and Anni Albers, while Tate St. Ives will feature 35 women artists’ responses to Virginia Woolf’s writing; Francis Bacon and Lucian Freud come to the Tate Britian; and Liverpool will show the first major UK exhibition of Dia Al-Azzawi. (The Art Newspaper)

Martin Roth Defends Himself After Azerbaijan Comments – The co-curator of the Azerbaijan Pavilion at this year’s Venice Biennale says it may have been a mistake to call Azerbaijan “a blueprint of tolerance,” but he stands by his work with the country despite its “authoritarian” regime on the grounds of keeping an open dialogue. (TAN)

Artist Brews ‘Sufferhead Original’ Beer for documenta 14 – Emeka Ogboh created the stout—which has an alcohol content of 8.2 percent, and ignores the German Purity law that restricts beer’s ingredients to just water, barley, and hops—as a reflection on migration in Germany, and the culinary clashes that occur when moving to a new continent. (Hessische/Niedersächsische Allgemeine)

ART MARKET

Goodman Gallery Roster Grows – The gallery, which has outposts in Cape Town and Johannesburg, has added four new artists to its roster: Yinka Shonibare MBE, Samson Kambalu, Paulo Nazareth and Grada Kilomba. They are among 31 artists who have joined the gallery since its owner Liza Essers assumed her role in 2008. (Press release)

London’s Wilkinson Gallery Closes – Amanda and Anthony Wilkinson have dissolved their partnership and are now working on opening separate London spaces, taking some of their current artists with them, after splitting for personal reasons. (TAN)

Phillips and Christie’s Gauge Chinese Buyers’ Interest in Western Art – On the eve of Christie’s first sale of international 20th century and contemporary art in Hong Kong, Marion Maneker examines Western auction houses’ strategies in Asia. (Art Market Monitor)

Picasso Portrait to Lead Christie’s Imp/Mod London Sale – Femme écrivant (Marie-Thérèse), a 1934 painting of Picasso’s muse and mistress Marie-Thérèse Walter that the artist kept in his personal collection until 1961, carries an estimate of about $32–51 million and will lead Christie’s Impressionist and Modern evening sale on June 27. (Press release)

COMING & GOINGS

New York’s Peter Blum Gallery Moves Downtown, Adds Five Artists to Roster – Forced out of its 57th Street space to make room for new condos, the gallery joins the Lower East Side scene with a new venue at 176 Grand Street, and announces the representation of several artists including Enoc Perez and the estate of Chris Marker. (ARTnews)

Kiluanji Kia Henda Wins 2017 Frieze Artist Award – The first African artist to receive the award, Henda will install a new commission at Frieze London, which takes place this year from October 4–8. (Press release)

John Browne Appointed Chairman of Courtauld Institute of Art – Browne will step down as chairman of the Tate to assume his new role at the London institution in September. (Artforum)

2016 Nancy Graves Grant for Visual Artists Awarded – The annual award goes to artists who wish to create work in a medium other than their primary one. This year, photographer Sam Contis will explore HD video, while installation artist Myeongsoo Kim will work with a CNC router. (Press release)

FOR ART’S SAKE

University of Wyoming Art Museum Gets Anonymous $2.27 Million Gift – The gift will be used to establish the Susan B. Moldenhauer Fund for Contemporary Art, named for the director and chief curator of the museum. (Artforum)

Behind the Scenes of Pace and Acquavella’s ‘Constellations’ Show – The exhibitions of work by Alexander Calder and Joan Miró, designed by architect Annabelle Selldorf, might or might not have been inspired by three to four bottles of tequila. (ARTnews)

FROM OUR PARTNERS

– Watch a movie in which James Mayor, founder of London’s Mayor Gallery, explains why collectors should always follow their hearts, not the art market.