Art Industry News is a daily summary of the most momentous developments in the art world and the art market. You need to know that this Thursday, October 7th.
Mysterious closings of the Shanghai Museum raise eyebrows – The recent closings of museums in Shanghai have sparked speculation about possible government interference. The Long Museum West Bund closed abruptly for two days in late September, citing “plant maintenance,” while the Shanghai Minsheng Art Museum said it would close indefinitely from this month. Meanwhile, three imported works on display at the Shanghai Himalayas Museum have been removed due to customs issues. (The art newspaper)
Um, there are a lot of Hitler NFTs on OpenSea – Hitler-themed NFTs have amassed thousands of likes and sold for thousands of dollars on OpenSea, one of the largest NFT marketplaces. The platform has stated that it maintains a policy of “openness” around content, but it is unclear how it intends to approach collections that are considered to be Nazi-glorifying. (Vice)
Disfigured Teddy Roosevelt statue in the American Museum of Natural History – Anonymous protesters splashed red paint on the controversial Theodore Roosevelt statue in the American Museum of Natural History around midnight on October 6, just days before Indigenous Peoples Day on Monday. The statue has long been the subject of protests from indigenous groups and grassroots activists. (A similar incident took place in 2017City authorities said last year they would remove the equestrian statue after a reassessment of local monuments sparked by the Black Lives Matter protests, but it still stands today. (Hyperallergic)
Jerry Gogosian: “Future artists won’t pick up a brush in real life” – Hilde Lynn Helphenstein, better known by her online alter ego Jerry Gogosian, says in an interview with the Wall Street Journal. The artist-turned social media personality, who has garnered nearly 100,000 Instagram followers with her signature memes, added that NFTs will stay here and that “in the future, most artists never pick up a paintbrush in real life will”. (Wall Street Journal)
MOVERS & SHAKERS
Bär Faxt starts bidder database – The art industry newsletter is on par with the debut of a database listing buyers and sub-bidders of auctions. Users can access an index of names recorded from 1996 to 2021. (Founder Josh Baer says he’s got “only five to ten name corrections” of 10,000+ entries in 25 years.) Access will cost $ 200 per year for individuals and $ 500 per month for businesses. (TAN)
Untitled Art Fair cuts stand fees for up-and-coming galleries – Stand fees for a total of 22 emerging galleries, artist-run spaces, and nonprofits will be reduced from $ 13,000 to $ 5,000 in a new section called Nest at the upcoming 10th edition of the Untitled Art Fair in Miami Beach. (FT)
Strong sales reported at the opening exhibition in Shenzhen – A strong local collector base gave a boost to the first Shenzhen DnA Design and Art Fair, which has just ended its five-day run. At the fair, which took place in the southern megacity next to Hong Kong, works in the price range from under 1,000 to 775,000 US dollars were sold. (TAN)
TO BECOME THE ART
TOILET PAPER Off to Seoul – TOILET PAPER, which was co-founded by artist Maurizio Cattelan and photographer Pierpaolo Ferrari, travels to Seoul. The magazine and creative studio will set up an installation-meets-office in Hyundai Card’s Storage exhibition space in Itaewon, an international district of Seoul. The show opens on October 8th and runs until February 6th, 2022. (Press release)
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