Art Industry News is a daily round-up of the most momentous developments in the art world and art market. Here’s what you need to know this Tuesday, July 26th.
A Frida Kahlo musical is coming – The legendary artist’s family authorized the development Frida, The Musical, a Broadway show tracing the 20th-century character’s career, loves and losses. The project is produced by Valentina Berger and BTF Media, with music by Mexican composer Jaime Lozano and lyrics by Neena Beber. The first workshop is planned for 2023. (meeting)
Collectors are selling the site of a long-standing sculpture park – Collectors Sherry and Joel Mallin are selling their Pound Ridge, New York estate, which has housed their collection of over 1,000 works of art for years. The Buckhorn Sculpture Park, which spans more than 14 acres and includes a 1930s home and museum-quality exhibit space, is priced at $8.5 million. The art is not included. (Bloomberg)
UNESCO warns of Titanic decay – UNESCO has again warned that the world’s underwater cultural heritage is at risk, including the remains of the Titanic. Expeditions to its location, pollution and bacteria have all contributed to dissolving its debris – and UNESCO experts estimate the remains will be gone by 2050. The oceans and bodies of water are referred to as the “greatest museum” that the body urges conservation. (Egypt today)
Laurie Anderson performs on 60 Minutes – Anderson Cooper interviewed celebrated art world heroine Laurie Anderson. How does the artist define her work? “With a gun to my head, I say I tell stories. And sometimes they look like paintings. They look like songs. They look like movies. It’s just stories.” Anderson’s largest exhibition to date in the United States is now on view at the Smithsonian’s Hirshhorn Museum and Sculpture Garden in Washington, DC (CBS)
movers & shakers
Collectors Promise Trove to the North Carolina Museum of Art – Randy Shull and Hedy Fischer, collectors from Asheville, North Carolina, and Merida, Mexico, have pledged more than 100 works of contemporary art to the North Carolina Museum of Art. Works by artists such as Pope L., Graciela Iturbide, Abraham Cruzvillegas and Betye Saar will be featured in the upcoming Start Talking: Fischer/Shull Collection of Contemporary Art exhibition, which opens in September. (press release)
Artnet Auctions Adds Photo Specialists – Simone Klein has joined Artnet Auctions in a new role as Senior International Specialist for Photography. Klein previously headed the photography department at Lempertz Auctioneers and the European photography department at Sotheby’s and was global sales director for the Paris-based agency Magnum Photos. Artnet Auctions Photo Sales Are Up 78 Percent Since 2020; Specialists now accept broadcasts for the fall season. (press release)
Jack Nicholsons joker Costume sells for $125,000 – Heritage Auctions held a two-day Hollywood & Entertainment Signature® Auction over the weekend – among the top lots was the purple suit Nicholson wore on screen in Tim Burton’s 1989 Batman. After a long bidding war, the lot fetched $125,000. George Clooney’s Batman suit from the 1997s Batman & Robin sold for $57,500. (press release)
Mickey Mantle Card Set To Bring In $10 Million In other heritage news, the house plans to sell a 1952 Mickey Mantle Topps rookie card in its August 27-28 sports auction. The same card made the cover of the New York Post In 1991, when Alan Rosen sold it to an anonymous buyer for what was then a record $50,000. Now that buyer – Anthony Giordano – is parting with the card, which has a Mint+ 9.5 rating. At a time when the market for sports collectibles is reaching new heights, it is expected to fetch more than $10 million, a record for the most expensive sports card ever sold. (press release)
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