ARTFIXdaily News Feed - Breaking News from the Art World

Solid sales at Sotheby's for contemporary art

New York Times / May 13th, 2010

Sotheby's hammered down 50 lots of contemporary art for $190 million Wednesday night with an excellent 94.3 percent sell-through rate. Five artist records were broken. Minimalist paintings made a big splash. Richard Serra’s “Corner Prop” sold with one bid: $1.98 million. Andy Warhol's ...

Selective buyers send post-war art soaring

Reuters / May 11th, 2010

Christie's post-war and contemporary art auction Tuesday evening totalled $232 million, including commissions. Of the 79 lots on offer, only five failed to sell. Author Michael Crichton's collection, one of the season's star estate sales, has already reaped $93.3 million, the highest ever total ...

Jasper Johns' Flag sets artist auction record

ABC News / May 11th, 2010

Christie's sold Jasper Johns' iconic "Flag," from the collection of the late best-selling author Michael Crichton, for $28.6 million, an auction record for the artist. The sale continues today with more works from the Jurassic Park writer's 20th-century art trove. American art dealer Richard ...

Multi-million dollar gift strengthens Whitney's holdings

New York Times / May 9th, 2010

Emily Fisher Landau, the noted philanthropist and art collector, has made an important gift of 367 works of art to the Whitney Museum of American Art. Estimated to be worth between $50 million and $75 million, the collection will help broaden the Whitney's collection as the New York institution ...

New bio on Leo Castelli, contemporary art's master marketer

Culturekiosque / May 9th, 2010

How did a dandified dilettante, after two decades of living (in good part) off his father-in-law’s money and his own personal charm, turn himself, at the age of fifty, into one of the formative influences on the art of the second half of the twentieth century? Leo ...

Broad leaning toward downtown art museum

LA Times blog / May 6th, 2010

Billionaire Eli Broad envisions a 120,000-square-foot building to display and store his 2,000-piece collection, which includes works by Jeff Koons, Andy Warhol, Jasper Johns and Jean-Michel Basquiat. He just hasn't decided where to build it. Still in the competition are sites in downtown Los ...

Turner Prize Shortlist 2010

Telegraph / May 4th, 2010

Less controversial, more beautiful is the overall consensus on the output of this year's artists shortlisted for Britain's most prestigious contemporary art prize. The Turner Prize, begun 26 years ago, was once a headline-grabbing event starring sensational artwork that sparked widespread ...

May madness art sales begin

Wall Street Journal / May 3rd, 2010

The media has widely reported that an art market rebound is in the cards this May when Christie's, Sotheby's, and Phillips de Pury hold their major Impressionist, modern and contemporary art auctions in New York. Beginning today, a two-week series of sales at these three auction houses alone ...

More green shoots expected at blue-chip art sales

Luxist / April 29th, 2010

An art market barometer reading will be taken May 4 and 5 when the Impressionist and Modern Art sales are in full swing in New York. The return of minimum price guarantees has helped push top-tier works of art back to market. Among the offerings is the Mrs. Sidney Francis ...

Google wins "thumbnail" lawsuit

BusinessWeek / April 29th, 2010

An artist who posted photographs of her work on a website in 2005 lost a case in Germany against Google Inc., the Internet search engine giant. Her lawsuit, which aimed to prevent Google's use of "thumbnail" preview images, was dismissed in Germany’s top civil court.  ...

Chicago's newest curator will bet on emerging artists

Time Out Chicago / April 29th, 2010

The Museum of Contemporary Art in Chicago has poached Michael Darling from the Seattle Art Museum. On July 12, Darling will step into his new role as Curator of Modern and Contemporary Art in the midwestern art hub. Darling hopes “to do the kinds of shows that other museums ...

Clars' browse-worthy May auction

Auction Central News / April 29th, 2010

Bolstered by four big estates, Clars' May 15-16 auction includes some important 17th and 18th century furnishings and a fine selection of art from Old Masters to contemporary artists. Asian art and jewelry round out the Oakland, Calif. firm's sale. Top-notch Western artists represented ...

Remembering abstract painter Robert Natkin

New York Times / April 28th, 2010

Robert Natkin (b. 1930), whose bold paintings expertly melded the abstract style of artists like Paul Klee and Wassily Kandinsky with vibrant post-impressionist colors reminiscent of Henri Matisse, passed away in Connecticut on April 20. In the late 1960s and 1970s, Chicago-born Natkin rose to ...

Balloon Dog art fabricator shuts doors

Bloomberg / April 27th, 2010

California-based art fabricator Carlson & Co. is known for producing large-scale sculptures such as Jeff Koons’s giant, $20-million, stainless-steel “Balloon Dog” series. The company announced it is closing due to the recession-weary contemporary-art market. Founded in 1971, Carlson & ...

Thousands attend Jeanne-Claude tribute

New York Observer / April 27th, 2010

Artist Jeanne-Claude, who died in November at the age of 74, was honored at the Metropolitan Museum of Art with a massive memorial service on Monday. "As we waited to unfurl the first Gates, the anticipation was palpable," Mayor Bloomberg recalled of the famous saffron-hued Jeanne-Claude and ...

'BRIC' auction: Russia leads, China dominates in numbers

Telegraph / April 26th, 2010

A painting by the Russian artist Erik Bulatov fetched 713,250 pounds, snagging top lot position in a £7.2  million sale held by Phillips de Pury & Co at the Saatchi Gallery last weekend in London. Sheer weight of numbers saw China prevail over Brazil, Russia and India in the inaugral ...

Phillips bringing its gavels to Park Avenue

Wall Street Journal (subscription required) / April 26th, 2010

In a bid for the blue-chip art business dominated by rivals Sotheby's and Christie's, auction house Phillips de Pury & Co. is expanding to Midtown Manhattan. London-based Phillips, owned since 2008 by Russian retailing giant Mercury Group, has signed a lease for 25,559 square feet of space ...

Can Art Chicago keep up with the Basels?

Chicago Tribune / April 25th, 2010

Global and year-round competition from modern and contemporary art fairs like upstart Art Basel Miami have thrown a monkey wrench in Art Chicago's ability to attract gallery exhibitors and collectors. Thirty years after the birth of this once-dominant world art fair, Art Chicago, which opens ...

Mess over Marlene Dumas moves ahead

LA Times blog / April 22nd, 2010

A hearing for the injunction took place in Manhattan on Tuesday in a lawsuit allegedly waged over an artist's blacklist. South Beach developer and collector Craig Robins sued dealer David Zwirner for $8 million on March 29. Robins claims that Zwirner breached a contract, telling artist Marlene ...

So-called Man with a Golden Gavel is banking on BRIC

Guardian / April 20th, 2010

Auctioneer Simon de Pury tells the Guardian, "I don't think the market is as jittery as you suggest." He cites rapid-fire bidding at last week's Phillips de Pury auction of 318 works from the estate of Nina Abrams, late wife of publisher Harry N Abrams. The collection fetched $6 million, twice ...