It’s abundantly clear that the present system is unsustainable.
Winfrey bought “Portrait of Adele Bloch-Bauer II” (1912) at Christie’s in 2006 for $87.9 million, which remains the auction record for a Klimt.
In a motion disposed on the 31st of January, New York State Supreme Court Justice Barbara Kapnick summarily dismissed all but one of six charges brought against international gallerist Larry Gagosian by the financier Ronald Perelman, Businessweek reported.
A delayed furor has erupted in the tech blogosphere over Sotheby’s London £3.5 million (~$5.8 million) sale last October of Glenn Brown’s “Ornamental Despair (Painting For Ian Curtis) Copied from the Stars Like Dust, 1986 by Chris Foss.”
Remember that infamous “make a cruel and offensive offer” email from Gagosian gallery Los Angeles director Deborah McLeod? She suggested that to a potential buyer for a 1964 Roy Lichtenstein painting, “Girl in Mirror,” since the seller was in “terrible straits.” Well, that seller is pretty angry at Gagosian for playing both sides of the equation.
Wall Street Journal art market reporter Kelly Crow is probably one of the only journalists whom Larry Gagosian will talk money with — or talk to at all, really. The megadealer is known for rarely agreeing to interviews, so it’s always interesting to read what he has to say when he does grant them.
New York billionaire Ron Perelman is filing for “divorce” from his art mentor/dealer Larry Gagosian and the two A-listers are battling over three art works worth over $25 million.
‘Transformative use’ is just mucking things up. That’s what I think. Providing a pivot for the Cariou v Prince case and the only real point of interest no matter what the pundits say, transformative use, instead of the fog-clearing test that it was supposed to be, has become the main particulate in a legal fog of war that has lasted three years now. Thus far, the dueling Cariou v Prince briefs have added new certainty to my theory that transformative use is a singularly unhelpful notion.
… And just in time for the Miami art fairs! You’ll remember Peter Fuss as the Polish artist who posted a billboard of a dead Obama during the 2008 US Presidential campaign, well, now he’s taking aim at someone with more art world cred … the king of global gallery domination, Larry Gagosian.
And art continues its march into mainstream pop culture … with the newly released/leaked (who can tell anymore) Kanye West track featuring Jay-Z, “That’s My Bitch,” which includes the following artful references to Basquiat, Picasso, Mona Lisa, and Larry Gagosian.
Vaguely-defined art startup Art.sy has found some pretty incredible backers, among them some of the biggest names in both contemporary art and tech. Larry Gagosian, Google CEO Eric Schmidt, Russian heiress and contemporary art world butterfly Dasha Zhukova and Wendi Murdoch (wife of Rupert) are teaming up with young CEO Carter Cleveland to launch a “personalized online fine-art emporium,” Artinfo reports.
Yet the problem with turning contemporary art into a full-fledged business outside of the gallery game is that you run the risk of alienating art’s flighty cool factor. What troubles could art start-ups face?
Larry Gagosian, the contemporary art world’s eminent dealer and businessman, may not be at the top of the heap any more in terms of cutting-edge relevancy now that the artists he champions are all resolutely blue-chip and arrive to his white walls pre-canonized, but he remains unchallenged in another realm: art-world world domination.