As the museum plans to reopen, the Guggenheim Museum has laid off 24 employees, with an additional 8 taking separation agreements. “The impact of the Covid-19 pandemic on the Guggenheim has been devastating to our finances,” said museum’s director, Richard Armstrong in a letter to employees. “I am deeply saddened to say that the museum will not have the ability to support our previous number of staff members.”
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In the midst of COVID-19-related financial pressure, the Brooklyn Museum will sell off 12 works from its collection to fund maintaining the rest of its holdings. “We expect this consignment to generate considerable interest from collectors who will not only respond to the paintings’ great quality, but will also be reassured by their distinguished provenance,” says Joshua Glazer, Specialist of Old Master Paintings at Christie’s New York.
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Banksy has lost a court case against a greeting card company this month, with the court putting the artist’s copyright at risk over his anonymity. “Banksy has chosen to remain anonymous and, for the most part, to paint graffiti on other people’s property without their permission, rather than to paint it on canvases or his own property,” the panel said.
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