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KAWS Launches Exhibition in Fortnite Video Game

January 18th, 2022

KAWS is launching an online exhibition in the video game Fortnite, as well as one at London’s Serpentine Gallery. “Being able to create works,” the artist says, “and the version that I’m viewing in Brooklyn is the version you could be viewing in India, I just started to get really obsessed with the opportunities within that.”

Read more at The Guardian

Pissarro Work, Formerly Nazi Loot, Heads to US Supreme Court

January 17th, 2022

A Camille Pissarro work looted by the Nazis will head to US Supreme Court to hear a case over its ownership, as the descendants of Lilly Cassirer Neubauer sue for the painting’s return. “This has been three generations of the Cassirer family trying to take back what is theirs,” says attorney Stephen Zack of the US law firm Boies Schiller Flexner.

Read More at The Guardian

Jewish Museum Employees Vote to Unionize

January 17th, 2022

Employees at the Jewish Museum in New York have voted to unionize. “The Jewish Museum is aware that staff have petitioned for a union election,” a spokesperson said in a statement. “The Museum greatly values its staff and will respectfully engage in any process that transpires.”

Read more at Art Newspaper

REFERENCE LIBRARY

Eli Broad

Collector’s Birthdate:
b. 1933

Broad is a billionaire best known for his art collection as well as his philanthropy. The majority of his fortune was made from his real estate company, Kaufman and Broad (KB) as well financial giant, SunAmerica, of which he was CEO until 2000.

Since 1984, the Broad Art Foundation has operated as a lending source to more than 400 museums and galleries. He serves on the boards of Los Angeles’ Museum of Contemporary Art and the Los Angeles County Museum of Art as well as New York’s Museum of Modern Art.

Paying close attention to young artists over the years, his personal collection contains an assortment of trophy pieces, including “Balloon Dog” by Jeff Koons and Damien Hirst’s “Away from the Flock (II)”. As a collector, he has adopted a policy of lending works from his collection, not selling them.

A resident of Los Angeles, he has been linked with efforts to revitalize the city’s downtown. In 1991, he endowed Eli Broad College of Business at Michigan State University, his alma mater. In 2003, he donated $100 million to the Broad Institute of MIT and Harvard. In 2003, he and his wife Edythe donated another $100 million to Harvard.

More recent contributions include $26 million to Michigan State University to create the Eli and Edythe Broad Art Museum.

On his foundation owning art versus selling:

“If they sell it to one museum, it will be in storage ninety-five percent of the time, because most museums, as you know, can display maybe five percent of their collections. So there’s an advantage in having our foundation own the work, because we will lend it for shows within reason, or when the artists wants it placed. In effect, the artist still has the right to place it, but gets the money paid for it.”

Lindemann, Adam. Collecting Contemporary: Los Angeles, Taschen GmbH 2006.

Links:

Eli Broad’s art: A philanthropist opts not to give it all away