art

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Lehman CEO's Art Collection Goes Up for Sale

Richard Fuld's wife puts $20M in prized drawings on the block

(Newser) - A $20-million collection of abstract expressionist drawings belonging to Lehman boss Richard Fuld and his wife is to be sold by Christie's, Bloomberg reports. Fuld's net worth has taken a whack with the collapse of Lehman stock; the sale, which includes 3 de Koonings, was anounced 4 days after the...

Guggenheim Taps Curator as New Chief

Pittsburgh's Armstrong heralds new direction for museum

(Newser) - The Guggenheim Foundation has chosen Richard Armstrong, the head of the Carnegie Museum in Pittsburgh, as the museum's new director. He succeeds Thomas Krens, who established the Guggenheim as a global brand with branches in Europe and more planned in Asia and the Middle East. But Krens' commercialism and expansionist...

Iconic Munch Could Fetch $35M
 Iconic Munch Could Fetch $35M 
Sep 23, 2008 6:19 AM CDT

Iconic Munch Could Fetch $35M

Vampire , in private hands, comes up for auction

(Newser) - A masterpiece by Norwegian artist Edvard Munch that has spent 70 years in private hands will be sold on the open market, reveals the Independent, where it's expected to fetch $35 million. Vampire, painted in 1894, is the last privately owned work from a 20-canvas series that also includes The ...

Hirst Auction Yields $199M
 Hirst Auction Yields $199M 
Sep 17, 2008 4:50 PM CDT

Hirst Auction Yields $199M

Dealer-less London sale smashes records

(Newser) - Damien Hirst sold 223 pieces of artwork for $199 million by the end of a two-day auction yesterday, shattering the record for most revenue in an auction of a single artist’s work, Forbes reports. The previous mark was held by Pablo Picasso, with 88 sold for $20 million in...

As Stocks Slide, Hirst Auction Breaks Records

Unprecedented one-man auction exceeds high estimate

(Newser) - Damien Hirst won the biggest gamble of his career at Sotheby's last night—as lot after lot of the artist's work beat high estimates, totaling $127.2 million in sales. While the markets tumbled in New York, bidders in the London saleroom bought up dozens of brand-new Hirsts, from taxidermied...

Vatican Gets Back in the Art Biz

Project aims to revive church's role as a sponsor of the arts

(Newser) - The Vatican was the world's biggest buyer of modern art in the days when modern art meant Michelangelo, but its influence on art has ebbed in recent centuries. The church now plans to put itself back in the forefront of the art world, Newsweek reports. A commission of critics and...

Met Surprises With Choice of New Director

Tapestries curator takes over America's top museum job

(Newser) - The Metropolitan Museum in New York has chosen Thomas P. Campbell, its curator of European tapestries, as its new director, reports the New York Times. Campbell succeeds Philippe de Montebello, who transformed the Met during his 31 years at the helm. The selection of Campbell, an insider who did not...

Hirst Heads to $120M Payday
 Hirst Heads to $120M Payday 
Sep 5, 2008 1:58 PM CDT

Hirst Heads to $120M Payday

Art's bad boy prepares to move in a new direction

(Newser) - Damien Hirst is preparing for the biggest sale of his life—and for one of the richest artists alive, that’s saying something. Sotheby’s is about to auction 223 pieces straight out of his studio, for an anticipated take of $120 million. It marks an unprecedented end run around...

Vatican Objects to Image of Frog on Crucifix

Calls it 'desecration,' but Italian museum won't take it down

(Newser) - Despite objections from the pope, a sculpture of a crucified frog will continue to hang in an Italian museum, board officials said today. The Vatican slammed the work, called Feet First, as a blasphemous attack on Christianity. But museum officials cited artistic freedom and said its German creator considered the...

Ownership Dispute Swirls Around NY Picassos

Heirs of German-Jewish banker say Nazis forced sale of paintings, now worth millions

(Newser) - The heirs of a German-Jewish banker are demanding that New York’s Museum of Modern Art and Guggenheim relinquish possession of two works by Picasso, Der Spiegel reports. The heirs say the two paintings, Boy Leading a Horse and Le Moulin de la Galette, unjustly fell into the hands of...

NY Sculptor Builds Fortune Out of Legos

Making art for Trump, others generates 6-figure income

(Newser) - For New York artist Nathan Sawaya, earning a six-figure salary is child's play. That's because Sawaya makes his living creating arresting sculptures from Lego blocks. Once a stressed-out Wall Street attorney, he began building the whimsical pieces at night as a way to unwind. Now, he tells Portfolio, he gets...

Java Lovers Buzz Over 'Latte Art'

Fans try to master Italian barista trick

(Newser) - Coffee lovers are trying their unsteady hands at a craze called latte art: creating intricate designs in espresso foam, the Wall Street Journal reports. Using techniques like jiggling a pitcher while pouring milk, "artists" form pictures of rosettas, leaves, and swans atop their frothy drinks. Some post photos and...

Economist Rates Art by Numbers

Professor studies textbook reproductions to determine greatness

(Newser) - Most art historians would agree that Pablo Picasso's Demoiselles d'Avignon is a great painting. But one economist says it's the best work of art of the 20th century, and he can prove it. The New York Times reports on the work of David Galenson, who analyzed the frequency of reproductions...

X-Ray Unveils Hidden Van Gogh
 X-Ray Unveils Hidden Van Gogh 
Jul 30, 2008 7:25 PM CDT

X-Ray Unveils Hidden Van Gogh

Portrait of peasant found behind 1887 painting

(Newser) - European scientists today revealed a Van Gogh portrait of a peasant's head behind one of his paintings, LiveScience reports. Using a new X-ray technique, the researchers pulled out the portrait's brown and red pigments, which Van Gogh covered with Patch of Grass, 1887. The scientists, primarily from Belgium and the...

Ambitious Director Revives the Louvre

Henri Loyrette has global ambitions that grate traditionalists

(Newser) - France's publicly funded museums once eschewed the big-money efforts that are common in American art institutions. Not anymore. BusinessWeek profiles Henri Loyrette, the ambitious director of the Louvre in Paris, who has coaxed major corporations to pony up cash, rented out its galleries for the filming of The Da Vinci ...

Stumbling Museum Visitor Smashes $12K Sculpture

Ceramic Costa Rican totem at summer exhibition shatters to floor

(Newser) - A 9-foot ceramic totem was smashed to smithereens after a visitor to London's Royal Academy lost her balance yesterday and tumbled into the work, the Guardian reports. The "Five Frauleins" in the work by a noted Costa Rican sculptor now number four. Museum officials are discussing the damage with...

Is Stripping Performance Art?
 Is Stripping
 Performance Art?
Jul 28, 2008 12:00 PM CDT

Is Stripping Performance Art?

Iowa courts must question 'art center' nude loophole

(Newser) - Iowa doesn't have all-nude strip clubs—but it does have performing arts centers where women dance naked. Now the loophole in the state's public indecent exposure law that allows nude dancing at "art centers" is under attack in Hamburg (pop. 1,200), reports the AP.

Bravo Adds Parker's Reality Art Show

SATC star to produce Runway -style competition

(Newser) - Bravo has picked up a Project Runway-style reality art show produced by Sex and the City star Sarah Jessica Parker, the Hollywood Reporter writes. American Artist is slated to feature competition between up-and-comers in varying media; it will be co-produced by Magical Elves, the skill-driven reality TV experts behind Top ...

Cruise Ship Art Dealer Faces Class Action

Promising deals, gallery sold works at grossly inflated prices

(Newser) - Park West Gallery in Southfield, Mich., claims to be "the world's largest art dealer," flogging more works than the major auction houses through its sales on half a dozen cruise lines. But while the onboard auctions promise "good investments," the New York Times reports that Park...

Wanted: Museum Director to Marry Art, Commerce

Unique job description complicates search for Guggenheim, Met, others

(Newser) - American museums are facing a shift in leadership, Newsweek reports, with 20 of the most prominent fine-art institutions—including New York's Metropolitan Museum of Art and Guggenheim Foundation and the Philadelphia Museum of Art—in search of directors. A "generational shift" has left institutions seeking specific qualifications: "Ideally...

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