Art Industry News: Experts Warn The Ocean Isn’t Finished With The Titanic And Is Disintegrating The Doomed Ship + Other Stories
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 Tuesday, July 26.
NEED TO READ
A Frida Kahlo musical is coming – The legendary artist’s family licensed the development of Frida, the musical, a Broadway show that traces the career, loves and losses of the 20th century figure. The project will be 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. (Deadline)
Collectors sell site of long-running sculpture park – Collectors Sherry and Joel Mallin are selling their estate in Pound Ridge, New York, 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 house and museum-quality exhibit space, costs $8.5 million. Art is not included. (Bloomberg)
UNESCO warns the Titanic Is Disintegration – UNESCO has renewed a warning that the world’s underwater cultural heritage is at risk, including the remains of the Titanic. Expeditions to its site, pollution and bacteria have all contributed to the decay of its debris – and UNESCO experts believe the remains will be gone by 2050. Calling the oceans and water bodies the ” largest museum,” the body is pushing for preservation. (Egypt today)
Laurie Anderson makes an appearance on 60 Minutes – Anderson Cooper interviewed acclaimed art world heroine Laurie Anderson. How does the artist define her work? “With a gun to my head, I say I tell stories. And these sometimes look like paintings. They sound like, you know, songs. They look like movies. These are just stories. Anderson’s largest exhibit in the United States is now on display at the Smithsonian’s Hirshhorn Museum and Sculpture Garden in Washington, D.C. (SCS)
MOVERS AND SHAKERS
Collectors Promise Trove at the North Carolina Museum of Art – Randy Shull and Hedy Fischer, collectors based in 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 feature in the upcoming “Start Talking: Fischer/Shull Collection of Contemporary Art” exhibition, which opens in September. (Press release)
Artnet Auctions adds a photography specialist – Simone Klein has joined Artnet Auctions in the new role of Senior International Specialist for Photographs. Klein previously headed the photography department at Lempertz Auctioneers as well as the European photography department at Sotheby’s, and served as director of global sales for the Magnum Photos agency in Paris. Artnet Auctions photography sales have soared 78% since 2020; specialists now accept shipments for the fall season. (Press release)
by Jack Nicholson Joker The suit 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 onscreen in 1989’s Tim Burton Batman. After a protracted bidding war, the lot fetched $125,000. George Clooney’s 1997’s Batman Costume batman and robin sold for $57,500. (Press release)
Mickey Mantle card set to fetch $10 million – In other heritage news, the house plans to sell a 1952 Mickey Mantle Topps rookie card at 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 a record $50,000. Now that buyer – Anthony Giordano – is parting ways with the card, which has been rated Mint+ 9.5. At a time when the sports collectibles market is reaching new heights, it is expected to fetch over $10 million, a record for the most expensive sports card ever sold. (Press release)
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