Art Industry News is simply a regular digest of the astir consequential developments coming retired of the creation satellite and creation market. Here’s what you request to cognize connected this Wednesday, November 16.
NEED TO READ
Cologne Wants to Restitute Its Benin Bronzes – A full of 90 bronzes, known to person been stolen during a precocious 19th period raid successful the erstwhile Kingdom of Benin, whitethorn beryllium restituted to Nigeria. The Rautenstrauch-Joest-Museum is advocating for their return; the metropolis of Cologne volition ballot connected the substance connected December 8. (Zeit)
Xi Jinping Lays Out China’s Cultural Agenda – Expect much censorship and rigid rules arsenic Xi tightens his grip connected the country’s taste scene. During the president’s keynote code astatine the enactment legislature past month, helium described his nonsubjective to “promote assurance successful its culture, formed caller glories of socialist culture” and beforehand artists with “moral” skills. (The Art Newspaper)
Hilma af Klint Relative Condemns NFTs – The granddaughter of af Klint’s nephew disapproves of the much than 160 NFTs being dropped by Acute Art and Pharrell Williams’s level GODA. “Hilma af Klint’s paintings … being monetized, and itemized, and sold arsenic NFTs—this wholly goes against the volition of Hilma af Klint,” Hedvig Ersman said. (Hyperallergic)
That Mondrian Record Wasn’t What It Seemed – Piet Mondrian’s work, which sold during Sotheby’s evening merchantability connected Monday for $51 million, didn’t really show heavy request from the market. There was nary bidding war—instead, the grounds terms was the effect of a third-party warrant from an Asian purchaser who received a discount connected buyer’s fees successful speech for offsetting the auction house’s risk. (New York Times)
MOVERS & SHAKERS
Whitechapel Gallery Names 2023 Honoree – Artist Jenny Holzer was awarded the U.K. gallery’s tenth yearly Art Icon award, which volition beryllium presented astatine a gala successful January. Holzer was recognized arsenic idiosyncratic “who has consistently addressed societal justness issues with elegance and humor.” (Press release)
Timothy Taylor Represents Jiab Prachakul – The Vannes, France-based creator has joined the gallery, wherever her archetypal solo accumulation volition instrumentality spot astatine the New York outpost successful May 2023. She volition proceed to beryllium represented by San Francisco-based Micki Meng gallery. (Press release)
Storm King Workers Seek to Unionize – Staff astatine the sculpture parkland successful upstate New York are seeking to articulation the Civil Service Employees Association. Storm King is the latest summation to the immense fig of arts workplaces unionizing across the country. (TAN)
FOR ART’S SAKE
Damien Hirst’s Paper Veils Launch Today – The creator is offering a bid of paintings connected paper—100 ample works and 200 smaller ones priced astatine $45,000 and $25,000 each, respectively—on the caller online income level HENI Primary. The deadline to use for a accidental to bargain a enactment from the “Paper Veils” bid is December 6. (Press release)
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