Artinfo’s Julia Halperin has the story of why the Warhol Foundation is dissolving it’s Warhol Authentification Board, Inc. According to Warhol Foundation president Joel Wachs, the:
… decision was driven by the financial toll the board’s operations have taken on the institution has a whole. Consisting of five scholars and curators who meet three times a year to consider submissions, the board costs approximately $500,000 a year to operate. But it was the legal fees from lawsuits over works rejected by the board that ultimately made it untenable, according to Wachs. “I don’t want to spend $7 million a year on lawyers,” he said, referring to the amount paid by the foundation last year toward defending itself.
How will we know if our Warhols are real!? The WSJ gives us a sense of the scope of the Warhol market:
The Pittsburgh-born artist created about 8,000 paintings and sculptures between 1952 and his death in 1987, and they turn up at auction so consistently — about 200 works a year — that they have become a bellwether for the entire $25 billion art market.
As we noted a little while ago, an Artactic report titled “Andy Warhol: The Art Market Zeitgeist” states that Warhol constitutes 17% of the contemporary art auction market.
Image: Hargo’s “Cash for Your Warhol: Miami series” (2008)
This week: New York’s disappearing alleys, Wolfgang Tillmans’s fading star, Velma Dinkley is gay, and more.
The technology isn’t available for public use, but Meta (formerly Facebook) released a series of eerie sample clips based on prompts like “cat watching TV” and “spaceship landing.”
Fall shows at the Chicago art space explore how same-sex desire became the basis for a new identity category and celebrate the cosmic work of an acclaimed Chicago-based artist.
There’s high demand in the country for the nostalgia-soaked Instagram videos of sister duo Zainab and Sakina Sabunwala.
Gustav Klimt: Gold in Motion transforms a historic bank in Manhattan into the unlikely setting of an immersive art experience one visitor called “mesmerizing.”
Masterworks of American Landscape Painting at the Center for Figurative Painting makes clear that the term “landscape” has been widely interpreted.
The artist’s work quietly asks: How do we read and write the world we live in?
Funded fellowships support on-site graduate and postdoctoral research spanning a variety of disciplines on cultural works in the center’s collections.
Warsaw Gallery Weekend and Fringe Warszawa hope to offer long-term solutions for a thriving art scene in Warsaw when skyrocketing inflation and a lack of affordable studio spaces have become the new norm.
But Greek Prime Minister Kyriakos Mitsotakis, who says the UK is “cornered,” plans to insist on the marbles’ return during a visit this year.
The Art Dealers Association of America is expanding its natural disaster relief program, and announced $60k in grants to six US nonprofits.