Art Industry News is a daily summary of the most important developments in the art world and the art market. Here’s what you need to know on Monday, April 3.
NEED TO READ
The National Gallery has yet to raise funds for half of the joint acquisition – Last week, the National Gallery in London announced that it jointly acquire Joshua Reynolds’s Portrait of Omai with the Getty Museum in LA But the London institution has yet to raise half of the funds for the $62 million acquisition. The museum has until June 10 to raise the remaining $1.2 million. (Los Angeles Time)
Pre-Raphaelite Muse was actually a skilled artist – Some 17 previously unseen drawings and watercolors by Pre-Raphaelite model Elizabeth Siddal are included in Tate Britain’s forthcoming exhibition ‘The Rossettis’. Siddal was married to Dante Gabriel Rossetti and modeled for his circle, but her own artistry has long been sidelined due to her relationship with Rossetti and mental health and addiction issues. (Guardian)
College cuts ties with Florida school involved in David Line – Florida college ended partnership with Tallahassee Classical Academy after school board forced Principal Hope Carrasquilla to resign after parents complained, she showed ‘pornographic’ images of Michelangelo David to a sixth grade. Hillsdale College revoked the school’s license to use its school materials in the future, citing the controversy caused as a “distraction” from its larger educational goals. (MLive)
In defense of Manuel Borja-Villel – Historian Yve-Alain Bois wrote in defense of former Reina Sofia manager who stepped down after 15 years under pressure from the Spanish conservative press and extreme right. Bois praises how the curator privileged “context and the archive” over “the spectacularization caused by the global economic crisis of 2007-2008, which he saw as the swan song not of neoliberalism but of hypocrisy on which it was built”. (art forum)
MOVERS AND SHAKERS
Name of Documenta 16 conclusion committee – The search committee has been appointed for the next edition of the quinquennium, which will take place in Kassel from June 12 to September 19, 2027. The six expert members in contemporary art in charge of selecting the concept for the event are: Bracha Lichtenberg Ettinger, Gong Yan, Ranjit Hoskoté, Simon Njami, Kathrin Rhomberg and María Inés Rodríguez. (Press release)
In Between Foundation Art Film Program – The foundation created by Beatrice Bulgari has announced its program of exhibitions for 2023, including a new exhibition by Lebanese artist Ali Cherri, and will present new cinematographic works by Formafantasma, Thao Nguyen Phan, Gerard Ortín Catellví and Randa Maroufi. (Press release)
Winner of the Lise Wilhelmsen Art Prize – Kuwaiti-Puerto Rican multidisciplinary artist Alia Farid is the third winner of the $100,000 prize, which also includes an exhibition at the Henie Onstad Kunstsenter in Oslo, which will acquire the work for its permanent collection. (Press release)
FOR ART
Banksy artwork sells for $2 million at auction – A Banksy artwork used to pay a group to change its name to avoid copyright issues with his documentary sold at auction for $2 million, beating its pre-sale estimate of $600,000 to $800,000. The group formerly known as Exit Through the Gift Shop sold the artwork of a grim reaper driving a bumper car at Julien’s Auctions in Beverly Hills, and it was purchased by fashion entrepreneur Miguel Garcia Larios. (Guardian)
Prepare yourselves! band members with Banksy’s original painting Grim Reaper Brace Yourself!, at the Hard Rock Cafe in London before it went on sale at Julien’s Auctions in Los Angeles. Picture date: Thursday March 9, 2023. (Photo by Kirsty O’Connor/PA Images via Getty Images)
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