The study is a devastating blow to artists who were hoping to finally make income from their art, but the real victims are obviously the collectors.
And, yes, you guessed it right: on earth, they will be sold as NFTs.
Our reporter spoke with Parisians and tourists to hear their opinion of the artist’s controversial gift to the city, a monumental “Bouquet of Tulips.”
The artist must pay nearly $170,000 to the creator of a 1985 ad campaign that he copied for the 1988 statue, “Fait d’hiver.” This is just one of five copyright infringement lawsuits from the artist’s Banality series.
As the controversial piece of art has found a permanent home, Parisians weigh in on the moral vacancy of Koons’ tribute to the Paris terror attacks, accusing it of clichéd American hubris.
Hollywood producer Joel Silver says the gallery refused to return the $3.2 million he paid for a Koons sculpture, whose completion date has been pushed back more than three years.
Steven Tananbaum claims he has paid more than $13 million since 2013 for three sculptures, none of which have been delivered.
The glass work, on display in a temporary exhibition, was reduced to a pile of fragments on the last day the show was open.
In an op-ed published today in Le Monde, 37 artists, collectors, curators, and other arts workers pledged their support for the towering “Bouquet of Tulips.”
I remember David Zwirner Gallery back in the 1990s, before Chelsea, when the New York art world was much smaller and more manageable.
The 80,000-pound sculpture is still being fabricated, but already an association representing 255 French art dealers wants it moved.
In defending Koons’s giant “Bouquet of Tulips” sculpture for Paris, two art dealers working on the project expose its many flaws.