The company behind “Fearless Girl” is suing its creator

State Street Global Advisors, the investment firm that famously commissioned the Fearless Girl statue in Lower Manhattan in 2017, is suing the artist who made it for breach of contract and copyright infringement. According to official court filings dated as recent as February 14th, the investment firm is claiming that Kristen Visbal, the sculptor, is […]

Art dealer Mary Boone sentenced to 30 months for tax fraud

Valentine’s Day wasn’t very sweet for New York-based art dealer Mary Boone who was sentenced to 30 months in prison on the 14th of February at NYC’s Southern District Court. The sentencing comes after Boone plead guilty in September to falsifying tax returns stating she’d earned millions more than she did. Her sentence is six […]

SFMoMA to Sell 1960 Rothko to Help Diversify its Collection

At a time when museums and institutions around the world are actively seeking to diversify their collections, the San Francisco Museum of Modern Art has announced plans to sell a major work by Mark Rothko to “address art historical gaps” like works by female artists and artists of color. Rothko’s “Untitled” (1960), has been in […]

The collection of singer George Michael to be auctioned at Christie’s

On March 1st, Christie’s will be featuring the collection of singer/songwriter George Michael (1963-2016) at their London location. Boasting over 200 artworks, the London auction and online portion of the sale will showcase how Michael weaved together a unique blend of artists, including a number of works by YBA (Young British Artists). The proceeds from […]

Record setting sales during Sotheby’s ‘The Female Triumphant’

At the end of January, Sotheby’s utilized the power of 90s girl band Spice Girls to promote their new exhibition and auction focusing on female artists titled ‘The Female Triumphant’. Fashion designer Victoria Beckham, formerly known to teens everywhere as Posh Spice, appeared at the auction house’s pre-sale event after selected works from the auction […]

2018 was a great year for Christie’s. Here are the numbers to prove it:

The numbers for 2018 are officially in for Christie’s and they’re among some of their strongest in history. The privately-owned auction house reports total revenues of $7 billion (£5.3 billion), including private sales, which is an increase of 7% in earnings overall. Boasting an 82% sale through rate overall, Christie’s, thus continues to lead the […]

Guggenheim deaccessions work by Zao Wou-Ki

Sotheby’s announced that it will be offering Zao Wou-ki’s 1958 untitled oil painting at its Modern art evening sale on March 31 and set the estimate at ($7.7m-$10m). While that’s certainly no small amount, it is widely being regarded as conservative for the artist and a sign of his shrinking market. Wou-ki, an artist of […]