Several national organizations, including the Ford Foundation and the John S. and James L. Knight Foundation, have united to keep Detroit’s art off the auction block.
Amazon.com, the powerhouse of online shopping, will join forces with galleries to develop an online art marketplace this summer. Last week, Amazon invited several galleries to an informational event held in New York City. The email invites read: This summer Amazon is planning to launch a Fine Art Gallery where customers will be able to purchase original artwork offered by…
This month, a contemporary art sale at Christie’s in New York brought in $495 million—the highest total in auction history. The sale included works by Jackson Pollock, Roy Lichtenstein and Jean-Michel Basquiat, establishing a total of 16 new world auction records, with nine works selling for more than $10 million and 23 for more than $5 million. The astounding success…