From a Statue Commemorating RBG to the Cancellation of a Major Guston Show: The Best and Worst of the Art World This Week
Catch up on this week's news—fast.
Major Money to Support Cultural Treasures – A philanthropic initiative led by the Ford Foundation will give more than $156 million to BIPOC arts organizations in the US.
Notorious RBG Sculpture in the Works – A statue honoring Supreme Court Justice Ruth Bader Ginsburg is set to be installed in her native New York borough of Brooklyn, New York Governor Andrew Cuomo announced following her death.
Botticelli Boosts Old Masters Market – A rare portrait by Sandro Botticelli is headlining Sotheby’s latest Old Masters sale, with a whopping $80 million estimate.
TEFAF Gets Technical – For the first time, the European Fine Art Fair (TEFAF) is vetting artworks digitally as it prepares for its online fall art fair.
Trading Places – Former Christie’s executive Rebecca Wei is joining Lévy Gorvy as a partner, leaping from the auction world to the gallery world.
Conceptual Art? There’s an App For That – Microsoft’s new app gives users a guide to Sol LeWitt’s life and art, and features a tour of his studio.
Germany Boosts Cultural Budget (Again) – Art institutions are breathing a sigh of relief after the government approved a $140 million increase (!) for next year’s budget.
Banksy Bets on Consumerism – The anonymous street artist’s work, Show Me the Monet, could bring in $6 million at Sotheby’s next month.
Sotheby’s Taps Another Wall Street Vet – Fancy-pants hedge-funder Alexander Klabin has bought his way into the company with a big investment, and will now lead its art-financing operations.
Guston Show Gets a Major Delay – Four international museums that planned a major survey of the artist’s work have agreed to postpone the show for four years, citing contentious themes in his art that are unwelcome in today’s political climate.
Benin Bronze Attacker on the Lam – A man who attacked a Benin bronze at a London museum as a protest against colonialism is wanted by police after failing to appear to his court date.
A Resolution for Indiana’s Estate – A protracted legal battle over the late artist Robert Indiana’s estate has come to a conclusion.
Ellen Sells Some Art – Ellen DeGeneres is selling off some of her prized art possessions after a summer tinged with controversy.
FBI Nabs Art Dealers – Two New York antiquities dealers were arrested for falsifying documents, including artwork ownership histories, by using the names of dead collectors.
Picasso Museum Plans Scrapped – Plans for the world’s largest Picasso museum will no longer proceed, as the artist’s stepdaughter and the town of Aix-en-Provence, where it was to be situated, could not agree to terms.
National Park Peeves – An artist used negative Yelp reviews of America’s treasured national parks as inspiration for a satirical art project.
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