By: Claire McKown
September 12, 2012
After a very quiet month of August, the art world is finally coming back to life this week, with every promise of it being an exciting fall season. Instead of the usual list of the top shows to see this month, here is a list of the biggest happenings in the art world lately.
1. The Andy Warhol Foundation announced that it was going to sell its entire collection at Christie’s auction house. The Foundation says that in this time of financial difficulty, they want to be able to better support the arts institutions that need their help. These sales will allow the Foundation to increase the amount of money they are able to put towards grants. Luckily, no matter how many Warhols seem to flood the market, the prices always seem amazingly high, so they should have no problem raising the projected $100 million they are hoping to see in sales. Over 20,000 works will be sold, ranging in price from under $10,000 to over $1 million. Read more here: http://bit.ly/UIKPYq.
2. Pussy Riot’s in jail. The infamous Russian rock band has received much support from the art world in recent weeks following their jailing and trial. Known for being feminist and anti-Putin, the three members of the band were sentenced to three years in prison on charges of “hooliganism” (in other words, speaking out against the current government). Their imprisonment has inspired many in the arts to speak out, including The Illuminator, who was originally known for his ‘bat signal’ during the OWS movement. This time around, he is projecting an image of three faces with the words “Free Pussy Riot” written underneath on the facade of the Russian embassy. We’ll see what comes next.
3. It has become clear that even the art world snobs love reality television with the coming of Gallery Girls, Bravo’s newest series. It’s sort of like the Real Housewives series, but instead of middle aged trophy wives, the subjects are twenty something girls trying to navigate the art world. It is at once cringe worthy and absolutely riveting.
4. Two New York City giants, Ronald Perelman, the billionaire, and Larry Gagosian, the gallerist, have both filed suit against one another over art Perelman purchased from Gagosian Gallery. Perelman is being accused of failing to make payment on several artworks he bought from the gallery, while Gagosian is being sued for “concealing material information and using their position in the art world to manipulate the price of artwork.” While both parties undoubtedly have some truth to their claims, it will be interesting to follow the case and see what the law decides. Whether or not this scuffle has any implications in the art world at large is yet to be seen. Read more here: http://bloom.bg/NZNlKQ.
5. And finally, with the fall season comes the happening of oh-so-many events and exhibitions going on in the art world. So, be sure to get out and go to some shows, artist lectures, or otherwise art related activities!