artnet News Cheat Sheet

The top 10 news stories for June 16–20.

Art Basel in Basel 2014.
Photo: © Daniela & Tonatiuh.

VIEWERS CHOICE
Those not able to travel to Switzerland for Art Basel in Basel toured the megafair vicariously by way of Coline Milliard’s guide to its 25 best booths, from Sterling Ruby in the Xavier Hufkens booth to Yves Klein at Hauser & Wirth.

CRITICAL
Ben Davis checked out an exhibition of early and very recent paintings by Pierre Soulages at Dominique Lévy and Emmanuel Perrotin galleries, finding subtle, retro pleasures in the play of textures in his famous “ultra-black” paintings.

SALES
Coline Milliard tallied the frenzy of purchases at Art Basel in Basel, from a $35 million Warhol to a $100,000 Anthony Caro, and all price points in between. She noted an influx of buyers from Asia, presumably lured by Art Basel in Hong Kong, and a spike in the proportion of works that had been pre-sold to research-happy collectors.

NUMBERS
On the eve of Jeff Koons‘s Whitney Museum retrospective, Eileen Kinsella took a close look at the market for the American art star’s work, from the sky-high prices paid for his iconic sculptures, to the surprisingly robust demand for his paintings.

DEALS
Beyond Art Basel, Alexander Forbes explored the offerings at the megafair’s satellites, finding plenty of formally daring and affordable works at Liste and Volta.

NEWS TO KNOW
Jeff Koons’s Naked Vanity Fair Spread Inspires Internet Meme

Annie Leibovitz Backed Out of Photographing Kimye Wedding

CIA Software Spots Francis Bacon in Drag in 1945 Snapshot

Brad Pitt and Peter Capaldi Join Glasgow Art School Campaign

Jackson Pollock at Center of $2.8 Million California Fraud Suit

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