Art Industry News is a daily round-up of the most momentous developments in the art world and art market. Here’s what you need to know this Thursday, April 7th.
Helen Frankenthaler Foundation pledges $2.5 million to Ukrainian artists The New York-based foundation will allocate the money to international organizations working to protect endangered artists and cultural heritage in Ukraine. The foundation will work with PEN America and the World Monuments Fund to identify those most in need of funds. (ARTnews)
FotoFocus opens new Ohio Arts Center – The Photography Biennale will open a year-round center in a new two-story building in Cincinnati’s historic Over-the-Rhine neighborhood. The 14,700-square-foot space, which will host photography-related exhibitions, screenings, and public programs, is slated to open in 2024. (art forum)
A 14-year-old’s painting exhibition is making waves in London – Vietnamese art prodigy Xeo Chu, whose colorful paintings have been compared to Jackson Pollock’s for up to $150,000, makes his London debut with D Contemporary’s ‘Big World Seen From Little Eyes’ exhibition. Despite selling both physical works and NFTs worldwide and successfully raising money for charity, the 14-year-old isn’t sure he wants to be a painter when he grows up. “I’m still a kid,” he says. “Who knows if I’ll paint again.” (Guardian)
Rodin’s thinker Off to Christie’s A posthumous cast of The Thinker, Auguste Rodin’s most famous sculpture, will be brought to Christie’s Paris on June 30th. The work is estimated at 9 to 14 million euros (9.8 to 15.3 million US dollars). It’s the top lot of a larger auction dedicated to a Paris collection of 238 items, including works by Marc Chagall and Yves Klein, which is expected to fetch up to 40 million euros ($43.7 million). (The Art Newspaper)
movers & shakers
Veronica Roberts directs the Cantor Arts Center – The curator of modern and contemporary art at the Blanton Museum of Art at the University of Texas at Austin will take up her new position at Stanford University’s Cantor Arts Center on July 5. Her predecessor, Susan Dackerman, resigned following an investigation into complaints about a toxic workplace. (press release)
Mendes Wood DM coming to Tribeca – The Brazilian gallery joins the influx of art dealers to Tribeca. From May 6th to June 10th it will open its new exhibition space at 47 Walker Street with a solo presentation of works by Brazilian artist Paulo Nazareth. Menes Wood previously operated a smaller space on the Upper East Side. (press release)
Helena Anrather opens new space – In other New York gallery news, the popular Chinatown gallery is moving to a new location at 132 Bowery in Lower Manhattan, debuting April 16 with a solo presentation by Pictures Generation artist Julia Wachtel, who has been added to the gallery’s roster. (press release)
Art Basel’s Paris+ gets its first satellite show – Asia Now, a fair for West and Central Asian art, presents its eighth edition from October 21-23 with a preview on October 20 at La Monnaie de Paris. It coincides with the new Paris+ of Art Basel. (press release)
Ikea and H&M open Ideas Factory in London – The two world-famous Swedish retailers are launching a joint venture called Atelier 100. The project, which opens in London’s Hammersmith in May, invites creatives and producers to submit ideas for projects in the fields of art, fashion and music. Successful applicants will receive a grant of up to £10,000 ($13,084) to turn their ideas into salable products. (Guardian)
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