All articles tagged with #art sales
Originally Published 25 days ago — by Financial Times
Christie's is shifting its focus towards millennials and luxury goods to combat challenges in the traditional art market, aiming to attract a new generation of buyers amid industry struggles.
Originally Published 1 year ago — by Bloomberg
A René Magritte painting sold for $121.2 million at Christie's in New York, setting a new auction record for the artist and becoming the most expensive lot of the New York November sales season. The painting had a third-party guarantee of $95 million, ensuring its sale. Magritte's previous auction record was $79.5 million, set in March 2022 at Sotheby's in London.
Originally Published 1 year ago — by Hollywood Reporter
Hollywood power players and art world elites gathered at the V.I.P. opening day of the Frieze Los Angeles art fair, where brisk art sales were reported. A-listers including Robert Downey Jr., Leonardo DiCaprio, and others mingled and perused artworks from galleries around the world. The event, held at the Santa Monica Airport, saw notable sales, with works by various artists fetching significant amounts. The fair, which also featured numerous parties, opens to the public and runs through March 3, drawing collectors from around the world and becoming a social occasion for high-powered art enthusiasts.
Originally Published 1 year ago — by Bleeding Cool News
Several comic book creators have recently announced their departure from Cadence Comic Art, citing issues with the company. The departures have led to substantial changes in Cadence's artist roster, with former manager Andrew Christman also leaving the company. Allegations of delayed payments to artists and lack of transparency have surfaced, and the situation is still developing. Numerous artists have been removed from Cadence's representation list, while others have been added. Efforts to reach out to Cadence Comic Art for comment have been unsuccessful.
Originally Published 2 years ago — by Artsy
Art Basel Miami Beach 2023 concluded with strong sales and enthusiastic participation, signaling an optimistic shift in the art market. The fair attracted 79,000 visitors and featured 277 galleries, with notable sales including Philip Guston's "Painter at Night" for $20 million. Other top sales came from galleries such as Hauser & Wirth, Almine Rech, David Zwirner, Thaddaeus Ropac, White Cube, Xavier Hufkens, and Kasmin. Museum acquisitions were also prominent, with ICA Miami acquiring works by Alicia Adamerovich and Jordan Ann Craig. The fair set an optimistic tone for the year ahead, showcasing the resilience and vitality of the contemporary art world.
Originally Published 2 years ago — by ARTnews
Phillips' "20th Century to Now" sale in London concluded the city's summer auctions with lackluster results, bringing in just over £9 million ($11.4 million), in contrast to the more successful auctions held by Christie's and Sotheby's. Several lots failed to reach their reserve prices, including works by Warhol, Banksy, and Kusama. The sale featured a collection from the late Thomas B. Lemann, with some works selling below their estimates. However, the auction ended on a high note with Albert Willem's artwork fetching an astonishing £180,000 ($290,239) against an estimate of £10,000-£15,000.