The Best and Worst of the Art World This Week in One Minute
Featuring Cate Blanchett, Sotheby's buyouts, and de Young museum drama.
Kenny Schachter went behind the scenes at the New York auctions and gave us plenty of bon mots like, “greed knows no bounds.”
We published an exclusive video interview with Simon and Michaela de Pury, in which they address why auction guarantees are here to stay.
Michele Gutierrez, financial director at San Francisco’s de Young museum, was reportedly fired after blowing the whistle on board president Dede Wilsey over a $450,000 payment, unapproved by the board, to a former staffer.
Sotheby’s is said to be offering employees voluntary buyouts in an attempt to cut costs. But if not enough volunteers choose to opt out, the tide may soon turn to layoffs.
Switzerland‘s tough new stance on freeports is bad news for the art market.
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