ARTFIXdaily News Feed - Breaking News from the Art World

Building a Taste for Contemporary: Seoul auctioneer aims to corner art market in Asia

Reuters / October 1st, 2009

SEOUL - South Korean auction house Seoul Auction is hoping to interest Chinese and other Asian collectors in modern Western and contemporary art, with the lofty aim of beating Sotheby's and Christie's in the region. The 11-year-old auction house, which earlier this year sold British artist Damien ...

The 'Lost Ed Ruscha' and other Tales: Remembering Henry Hopkins

LA Times / September 30th, 2009

When he was director of the San Francisco Museum of Modern Art, Henry T. Hopkins gave the green light to the first major retrospective of Ed Ruscha's paintings. The show was instrumental in securing Ruscha's reputation as a critically important artist -- both for Los Angeles, where he began to ...

Scarlet Splatters: Museum mess made by Anish Kapoor on view

Bloomberg / September 29th, 2009

LONDON - Anish Kapoor is certainly making a mess of the Royal Academy of Arts in London. Every 20 minutes, a cannon goes off in one gallery and shoots a projectile of red wax into a second space. What’s more, this brilliantly colored detritus looks beautiful. The Turner exhibition at Tate Britain ...

Sharing Andy's Art: Michelle Obama visits Warhol Museum with G20 spouses

Journal-Sentinel / September 28th, 2009

PITTSBURGH - While their husbands were off attempting to address the world's problems, Michelle Obama and the G20 spouses lunched at the 7-story Andy Warhol Museum. The museum holds the largest collection of work by Warhol, a Pittsburgh native. Some of the spouses donned aprons and tried Warhol's ...

New Video: Artists recall birth pains of contemporary Chinese art

Reuters / September 28th, 2009

HONG KONG (Reuters Life!) - Just over 30 years ago, not long after the death of Mao Zedong, a group of young Chinese artists staged an exhibition that pushed back on a decade of tyranny and helped pave the way for Chinese art's global rise. Artwork was hung outside Beijing's National Art Gallery ...

Sellers Hold-Out: Contemporary art auction values dip 81%, volumes low

Bloomberg / September 27th, 2009

LONDON - The estimated value of London’s October contemporary-art auctions is down 81 percent from 2008 as prices and lots on offer decline amid the financial crisis. Sales at Sotheby’s, Christie’s International and Phillips de Pury of “Part I” works during the week of the Frieze Art Fair are ...

Donald Fisher Dead: Gap co-founder, art collector, dies at 81

Huffington Post / September 27th, 2009

SAN FRANCISCO - Donald Fisher, 81, passed away at his San Francisco home on Sunday, Sept. 27. The Fishers' personal art collection is renowned and includes some of the 20th century's most well-known artists, including Richard Diebenkorn, Roy Lichtenstein, Andy Warhol and Willem de Kooning. The ...

Today at Bloomsbury Auctions: Quirky, intruiging celebrity self-portraiture for sale

Artinfo / September 23rd, 2009

NEW YORK—A self-portrait collection assembled without spending a single dollar will be sold off at Bloomsbury Auctions on Sept. 24. The house estimates that the sale — which includes pieces by artists Jamie Wyeth, David Hockney, and Robert Motherwell as well as names like Maya Angelou, Muhammed ...

Art Moscow Opens: Russian art fair hopes billionaires will be back buying

Bloomberg / September 22nd, 2009

Russia’s biggest contemporary-art fair opens tonight, trying to lure billionaire collectors after a year in which they reduced purchases as their wealth declined. Art Moscow, showing works from 40 Russian and international galleries, was postponed from May by its organizer, Expo Park Exhibition ...

On View at U.K. Museums: Works from the collector who kissed $160 million profit good-bye

Bloomberg / September 15th, 2009

Former London art dealer Anthony D’Offay sent shock waves through the art world first in 2002 when he closed his powerhouse gallery and then last year with he sold 725 postwar and contemporary works to the U.K. government at the price he paid for them. He spent 26.5 million pounds for art by ...

Caricature, Denounced: Damien Hirst irritated by teenage artist's emulation

Guardian / September 15th, 2009

Uber-successful artist Damien Hirst's feud with teenage street artist Cartrain has turned into a story of how a rich man used his power to bully someone who, after all, is just trying to emulate him. Presumably, what irks Hirst is that Cartrain used Hirst's famous diamond skull in a series of ...

What Saatchi Says Sticks; The contemporary art tastemaker talks

Guardian / August 30th, 2009

London art collector and dealer Charles Saatchi acknowledges that young, contemporary artists need collectors like him. Saatchi also tells U.K.'s Guardian, "Art collectors are pretty insignificant in the scheme of things. What matters and survives is the art." Yet, Saatchi's influence is ...

Condos & Princes: Russian dealer sues New York gallery over $3 million art agreement

Bloomberg / August 26th, 2009

New York - New York’s Luhring Augustine Gallery has been sued by Moscow art dealer Gary Tatintsian for an alleged breach an agreement over a complicated series of transactions involving works by artists George Condo and Richard Prince. According to a complaint filed Aug. 11 in Manhattan, ...

Warhol's portrait of Michael Jackson goes on show pre-sale

Reuters / August 7th, 2009

LONDON (Reuters) - A portrait of the late King of Pop, Michael Jackson, by the King of Pop Art, Andy Warhol, went on show in London on Thursday for three days in the lead-up to an auction in New York of the 1984 painting.  

S.F. art community fears loss of Gap founder's massive collection

LA Times Arts / August 7th, 2009

Donald Fisher's plan to house his contemporary art in a new museum at San Francisco's historic Presidio ran afoul of preservationists, and now other cities are wooing him.  

Photographer Annie Leibovitz sued over $24 million loan

Bloomberg / July 30th, 2009

The photographer Annie Leibovitz was sued by Art Capital Group Inc. and accused of failing to live up to the terms of agreements for loans of $24 million. Leibovitz approached the firm last year over her “dire financial condition” arising from tax liens and debts...

Lehman Mounts Art Bargain Auction With Lichtenstein, Bourgeois

Bloomberg / July 29th, 2009

Roy Lichtenstein’s 1982 print of the Statue of Liberty, once wall candy at Lehman Brothers Holdings Inc., is expected to contribute about $30,000 to the bankrupt company’s coffers when it’s offered for auction in November. Lehman will begin selling its multimillion-dollar corporate art collection ...