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Market Thrives for Kerry James Marshall

June 19th, 2018

Kerry James Marshall, via NPRThe Art Newspaper looks at the thriving popularity of the work of Kerry James Marshall, after a record-breaking auction price drove new interest in his work, and a rampant demand for pieces, including those about to go on view at a show at David Zwirner’s London location. “We might not even keep a waiting list for the exhibition,” Zwirner says. “It’s going to be very hard to get a painting from that show, that’s for sure.”
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Theaster Gates Asks Collectors: “Support Artists That Live in Your Cities”

June 19th, 2018

Theaster Gates, via The GuardianTheaster Gates made a statement on supporting young artists in remarks last night at a party in Basel, asking collectors to support young artists making and selling their work. “You guys, I know that I’m the byproduct of people saying yes when they didn’t know me, saying yes at my potential and the possibility of the thing,” he said. “Throwing small dinners with me with five people that has turned into dinners for 200. I’m just grateful.”
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Art Newspaper Looks at Costs and Rewards of Major Art Prizes

June 19th, 2018

Glasgow-born artist Susan Philipsz is congratulated by friends and family after hearing that she has won the Turner Prize 2010, at the Tate Britain gallery, in central LondonA piece in Art Newspaper this week asks if arts awards really carry many of the benefits for winners that they claim, looking at a range of examples including a recent protest by a group of artists nominated for Germany’s Berlin Nationalgalerie Prize. “There is an unspoken assumption that the participants are likely to be remunerated by the market as a result of being nominated for or winning the prize,” the artists nominated for this prize said in an open statement. “We know that this is not always the case. The logic of artists working for exposure feeds directly into the normalization of the unregulated pay structures ubiquitous in the art field.”
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REFERENCE LIBRARY

Francois-Henri Pinault

Collector’s Birthdate: b. 1936Pinault is the owner of Christie’s auction house, as well as department store chain Printemps, the Chateau-Latour vineyard and the luxury goods firm PPR, which owns Gucci and Yves Saint Lauren.

His father, Francois, is also an avid art collector and owns upwards of 2,000 invaluable works by the likes of Picasso and Miro. The family fortune is estimated to be worth an excess of 7 billion dollars.

The younger Pinault has been pinned as one of the most aggressive collectors in Europe. He lavishly displayed the “hottest” artists of his collection at the Palazzo Grassi in Venice, Italy in time for the Bienalle. The grand entryway featured a two-story tall Urs Fischer’s sculpture entitled “Jet Set Lady” as well as works by Rudolph Stingel, Anselm Reyle, Richard Prince, David Hammonds, Kristen Baker, Mike Kelley, Laura Owens, and many more.

He has experienced a recent rash of tabloid articles for impregnating and then successfully proposing to movie star actress, Selma Hayek. He was previously married and has two children.

On basic relationship with art and artists:

“I want the artists to be recognized, the works of art to be appreciated, and for the public to further develop a passion for the art of today.”

Lindemann, Adam. Collecting Contemporary: Los Angeles, Taschen GmbH 2006. *( See “Stingel Comes to Whitney” ) *

Links:

François Pinault’s Ultimate Luxury