UK’s Creative Industries Unveil Report Warning of Brexit Dangers: Loss of EU funding and movement restrictions for European workers are key concerns.
01.11.2016, The Art Newspaper: UK’s Creative Industries Unveil Report Warning of Brexit Dangers
National Gallery director says $30m Matisse portrait ‘not Nazi-looted art’: The National Gallery in London is vigorously contesting a legal claim in a New York court over ownership of Matisse’s Portrait of Greta Moll (1908). The heirs of the sitter argue that the painting was misappropriated in the aftermath of the Nazi period.
28.11.2016, The Art Newspaper: National Gallery director says $30m Matisse portrait ‘not Nazi-looted art’
03.11.2016, Rowland & Associates: Moll Heirs Respond to National Gallery Statement Regarding Stolen Matisse Portrait of their Grandmother Greta Moll
03.11.2016, The Times: Art disputes: the rise of mediation
European Parliament head reiterates support for restitution: Amid growing pressure on Poland and other Eastern European countries to offer full restitution for plundered Jewish property, the European Parliament’s president reiterated his support for such moves.
04.11.2016, Jewish Telegraphic Agency: European Parliament head reiterates support for restitution
01.11.2016, lootedart.com: Britain Reaffirms Support for Holocaust Restitution
Debate intensifies over ‘Venus’ attribution to Cranach: The Princely Collections of Liechtenstein has released a document to counter claims that ‘Venus’, a painting attributed to Lucas Cranach the Elder, is a forgery.
04.11.2016, The Antiques Trade Gazette: Debate intensifies over ‘Venus’ attribution to Cranach
Picasso’s electrician admits he lied in court: Pierre Le Guennec, the electrician employed by Pablo and Jacqueline Picasso in the 1970s, told the appeal court of Aix-en-Provence on Monday 31 October that he had “lied” when he said that the artist and his wife gave him 271 works in a cardboard box.
01.11.2016, The Art Newspaper: Picasso’s electrician admits he lied in court
01.11.2016, Artnet: Picasso’s Electrician Back in Court, Admits to Lying at Earlier Trial
Progress for the Cultural Property (Armed Conflicts) Bill: The Bill received its second reading in the House of Commons last week (31st October). It was introduced to the House by the Secretary of State for Culture, Media and Sport, who emphasised the urgent need for the Bill in light of the “wanton destruction” of cultural heritage in the Middle East and North Africa.
02.11.2016, Institute of Art & Law: Progress for the Cultural Property (Armed Conflicts) Bill
05.11.2016, Institute of Art & Law: Unreasonable reasons…further thoughts on the Cultural Property (Armed Conflicts) Bill
03.11.2016, The Times: Cultural property bill threatens London’s world art market
BBC show calls for total UK ban on ivory trade – drawing instant response from trade: A BBC documentary investigating the illegal ivory trade, hosted by celebrity chef and campaigner Hugh Fearnley-Whittingstall, has called for a complete ban on the buying and selling of ivory regardless of age.
01.11.2016, The Antiques Trade Gazette: BBC show calls for total UK ban on ivory trade – drawing instant response from trade
Louvre to offer shelter for world treasures rescued from war zones: The Louvre Museum is to offer a haven for world treasures rescued from war zones such as Syria and Iraq at a secure storage facility in northern France.
01.11.2016, The Guardian: Louvre to offer shelter for world treasures rescued from war zones
Greece unveils first contemporary art museum: The EMST in Athens may not fire up the art market directly but it is expected to make Greek artists more visible.
01.11.2016, Aljazeera: Greece unveils first contemporary art museum
US election casts a shadow over art market: The US is bracing itself for the political fallout from its presidential election tomorrow, but the art world may already be feeling its economic effects.
07.11.2016, The Art Newspaper: US election casts a shadow over art market
In a Tough Art Market, Auction Houses Are Seeking More From Less: How do you make money in a low-growth world? This month’s bellwether evening auctions in New York of postwar and contemporary art at Christie’s, Sotheby’s and Phillips have been estimated to raise at least $536 million. The equivalent sales in November 2015, when the market was already beginning to cool, grossed $1.2 billion. In an attempt to eke out more income from purchasers, Christie’s and Sotheby’s have both increased the price bands in which buyers pay higher fees.
04.11.2016, The New York Times: In a Tough Art Market, Auction Houses Are Seeking More From Less
See What Experts Have to Say About Sotheby’s Acquisition of the Mei Moses Art Indices: Sotheby’s is continuing its push to diversify its services with the purchase of the Mei Moses Art Indices, an analytic tool based on price information for objects that have come to auction.
Art Museums Are Looking for That Next Big Gift: Public museums, too tight on money these days to compete for major artworks in the marketplace, long for the collector’s gift of world-class art that can broaden their offerings and attract new audiences.
03.11.2016, The New York Times: Art Museums Are Looking for That Next Big Gift
Could Instagram’s Shoppable Tags Further Transform the Art Market?: Collectors like Leonardo DiCaprio have bought art they first saw on Instagram; auction house executives like Christie’s Brett Gorvy use the app to show off their new consignments; artists employ it to sell directly to buyers, cutting out the middleman of the art gallery.
03.11.2016, Artnet: Could Instagram’s Shoppable Tags Further Transform the Art Market?
Judge Rules $6 Million Lawsuit by Buyer of Jeff Koons Sculpture Can Proceed: A law protecting art buyers is at the heart of the case.
03.11.2016, Artnet: Judge Rules $6 Million Lawsuit by Buyer of Jeff Koons Sculpture Can Proceed
02.11.2016, The Art Newspaper: Judge cites New York law protecting art buyers in lawsuit against Zwirner Gallery
China cracks down on illegal trade of cultural artefacts: China has tightened its laws banning mainland auction houses from selling artefacts looted from the country. The new regulations, issued by the State Administration on Cultural Heritage on 20 October, appear to renew China’s commitment to fighting illicit trafficking.
04.11.2016, The Art Newspaper: China cracks down on illegal trade of cultural artefacts
6 Revelations About Billionaire Art Collector Liu Yiqian From His Lengthy New Yorker Profile: One of China’s richest men, his antics continue to amuse and alarm.
31.10.2016, The New Yorker: The Emperor’s New Museum
Asian Billionaires May Help Break Art Market’s ‘Vicious Cycle’: With the bellwether art auctions in New York just days away, Christie’s is looking East to boost its shrinking business.
04.11.2016, Bloomberg: Asian Billionaires May Help Break Art Market’s ‘Vicious Cycle’
The Art Market: Korean cool: Korean art is all the rage right now. The latest news is that David Zwirner gallery has become the New York representative of works by Yun Hyong-keun. Yun (1928-2007) may not be a household name, but was one of the country’s most influential Dansaekhwa (meaning “monochrome”) artists of the 20th century.
04.11.2016, The Financial Times: The Art Market: Korean cool
Chile’s first state-run contemporary art museum opens at former airport: The Chilean government has opened a new centre for contemporary art located in a disused airport, Los Cerrillos, near the capital Santiago. The National Centre for Contemporary Art Chile, which is funded entirely by the state, encompasses exhibition spaces, libraries, a digital archive centre, along with conservation and research laboratories.
04.11.2016, The Art Newspaper: Chile’s first state-run contemporary art museum opens at former airport
07.11.2016, Artnet: Chile Gets Its First Public Museum of Contemporary Art
Basra’s Museum of Antiquities: A bold initiative is helping to revive the Iraqi city’s cultural heritage.
04.11.2016, The Financial Times: Basra’s Museum of Antiquities
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