Art Industry News: Who Said Head Sculptures Are a Bust? Suddenly Everyone Is Buying Over The Shoulder Statues + 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, April 12.

NEED TO READ

Bored Ape NFT Owners Sue OpenSea – Three former owners of Bored Ape Yacht Club NFTs are suing the OpenSea Marketplace for alleged negligence after losing access to their apes due to cyberattacks. Two plaintiffs claim to have lost their NFTs in a hack exploiting a known security flaw in the platform’s code, and the third suffered a social engineering offensive. (ART news)

How will the French elections affect the cultural industry? – Cultural policy and the arts have largely taken a back seat in the upcoming French presidential election which will pit Emmanuel Macron against far-right opponent Marine Le Pen. Macron has pledged to extend his controversial “culture pass” to young people and has proposed creating a “European metaverse” to support artists’ creativity and authorship. Le Pen, who shot one of his campaign videos outside the Louvre, emphasized “national heritage”, promising to double the budget to restore historic monuments and privatize France’s public broadcaster. (Little was said about his earlier proposals to ban the sale of art treasures to “foreign interests” or to cut subsidies to theaters and cultural institutions). (The arts journal)

Rijksmuseum wins lawsuit against donor’s children – The Rijksmuseum has won a lawsuit to keep a painting by Bart van der Leck which was donated by an 81-year-old woman in 2013. The woman’s sons sued the museum, arguing that she had sold the painting to them in 2003, and therefore was unable to make the donation. The woman, according to documents, warned the museum at the time of the donation that her sons disagreed with her decision. A judge ruled that the museum obtained the painting legally and in good faith. (NL Times)

Why are busts so popular all of a sudden? – Trend experts have identified a growing interest in busts and statues made of concrete, cement, ceramic, clay or marble. Online retailers are increasing their offerings to meet demand at more affordable prices than ever. “I think there’s been a real trend in the decorating world to take things that are traditionally very serious and deface them a bit,” said potter Jonathan Adler. (New York Times)

MOVERS AND SHAKERS

Solange teams up with WeTransfer – Solange Knowles will partner with WePresent, WeTransfer’s digital arts platform, for a one-year collaboration as guest curator. She takes the direction of Marina Abramović and her project begins with a spotlight on four artists from around the world: Dozie Kanu, Elliott Jerome Brown Jr., Autumn Knight and Jacolby Satterwhite. (Press release)

The Castello di Rivoli museum mounts the Beeple exhibition – The NFT Beeple sensation makes its museum debut at none other than the Castello di Rivoli in Turin. The artists A human the sculpture will be included in “Expressions with Fractures”, an investigation into the impact of technology and social ills on the human experience. Museum director Carolyn Christov-Bakargiev had meetings with Beeple about every six weeks (which she ironically called “every month”) to discuss the project. (the wall street journal)

Amy Sherald Funds Scholarships Named for Breonna Taylor – The artist donated $1 million to the University of Louisville to fund two scholarships named after Breonna Taylor. The trust was funded by the sale of Sherald’s portrait of Taylor, which appeared on the cover of vanity lounge in September 2020. (News from UdeL)

FOR ART

Anish Kapoor brings VantaBlack sculpture to Venice – British artist Anish Kapoor is showing sculptures made using VantaBlack, which he calls the “blackest black” in the world, as part of a two-site retrospective in Venice later this month. (TANNING)

Anish Kapoor with his monumental work Symphony for a Beloved Daughter at the Royal Academy of Arts, London, 2018. Photo by Tim P. Whitby Getty Images for RA.

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